No Mega Millions victor, so jackpot climbs to $2.43 billion
22 October, 2018, 13:24 | Author: Kevin Carter
No one won Friday's drawing, pushing the jackpot from $1 billion to $1.6 billion. Virgin Islands. An entry into the drawing costs $1.
The taxes imposed on lottery winnings differ by state.
The amount referred to in the prize money refers to the annuity option. That is taller than any skyscraper in the United States including New York City's 1 World Trade Center, which reaches 1,792 feet (546 meters) at its tip. But that's not a jackpot victor. Almost all winners take the cash option, which was about $904 million as of Saturday morning. It is quite likely that with proper financial planning, a lump sum victor could have an amount that exceeds the published jackpot value after 30 years. So, in terms of family and estate planning, the lump sum option is the far better choice. The biggest Mega Millions jackpot won in 2018 was a $543 million jackpot.
Tonight's Mega Millions jackpot is the largest in Mega Millions history and the second-largest in all jackpot history.
Prajapati Rohit, a store clerk at Stop N Go Liquor at 5214 159th St., said there were long lines for lottery sales Friday, but it's unclear when the winning ticket was sold. More than 1.3 million scholarships, grants and awards have been funded.
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