“if the winner selects the $568m immediate cash payout.”
Yeah, I’m thinking only an idiot takes a cash payout on a billion dollar win. I mean, you’ll probably get almost 20 million a year AFTER taxes if you take the long term payout. If that’s not enough for you, you might as well just give the money away right now because you’re hopeless.
Everyone needs to click the link, scroll down to your State for lump sum and 30 year annuity payout totals.
https://www.usamega.com/mega-millions/jackpot
What if you died tomorrow? I am not sure if lottery winnings are transferrable. Also, see how Illinois handled these types of non-lump sum payments on some lottery tickets. They weren’t able to pay them out and the winners are SOL.
A bird in the hand, indeed.
https://www.lotterycritic.com/lottery-winners/lottery-winners-not-being-paid/
If I win I will build a wal mart smack dab in the middle of uber elite democrat strongholds like Chappaqua or Martha’s Vinyard complete with a free bus line directly from the ghettos and every passenger gets a free bottle of liquor upon arrival.