Jackpot is up to $900M now.
According to usamega.com, the one lump sum payout, after 25%$ federal witholding, is now $418.5M. Annual payout, after federal witholding, is now $22.5M per year.
If you go by what jjotto says, the lump sum payout is $337,032,000. STILL a whole piddlepot full of cash.
“According to usamega.com, the one lump sum payout, after 25%$ federal withholding, is now $418.5M. Annual payout, after federal withholding, is now $22.5M per year.”
No doubt that is what they are saying but that assumes there is only one winning ticket sold. In most cases, these super jackpots, have multiple winners. For example, $900M, three winners, you split it equally, ie, $300M each. The lump sum after taxes would be about $140M.
If I only won $140M, I still think that with good budgeting, I could probably make it.