Mega Millions: Player wins hundreds of millions of USD
A player has managed to win around 800 million US dollars in the popular multistate lottery Mega Millions. The player, who has so far remained anonymous, hit the legendary jackpot last Tuesday, September 10, 2024. But how does a jackpot worth several hundred million US dollars come about in the first place?
Just over a month ago, we at GambleJoe reported that a pensioner from Bavaria hit the jackpot in the lottery and won around five million euros. A few days ago, a lottery player from the US state of Texas won many times that amount. He hit the legendary Mega Millions jackpot. The new millionaire bought his lucky ticket at a highway service station on the Gulf Coast of Texas. After the jackpot had not been won for a long period of time, such a large amount had accumulated.
Which winning numbers led to the 800 million prize?
The player from Texas was the only player in the United States to correctly pick the winning numbers 1, 2, 16, 24, 66 and the golden Mega Ball with the number 6. As a result, he can now call up to 800 million US dollars his own. However, there is a catch: the player will only receive the entire prize if he chooses the option to have the jackpot paid out in installments over the next 30 years.
If, instead, he wants to receive the entire winnings at once, he will only receive around half of the money. In this case, that would be just over 404 million US dollars, which would probably also be enough to see them through the rest of their lives financially.
Another catch: unlike in Germany, lottery players in the USA have to pay tax on their winnings. The exact tax rate depends on the respective US state and is 24% in Texas, for example. As a result, the lucky player from Texas would have to pay around 100 million US dollars in taxes on his winnings, meaning that he would “only” be left with around 300 million US dollars if he won the prize immediately.
In addition to the jackpot winner, there were four other lottery players who each won exactly one million US dollars in the current draw. Although they picked the correct winning numbers, they did not predict the correct Mega Ball number. The players came from Washington, Florida, New York and California.
800 million prize among the top 10 in lottery history
According to the lottery organizer, the current 800 million prize is the seventh-highest win in the long history of Mega Millions. Just over a year ago, we at GambleJoe reported on a Mega Millions jackpot of over 1.5 billion US dollars, which was also won.
So far, no details about the new multi-millionaire from Texas are known. Ideally, it should stay that way. The fact is that with a sum of several hundred million US dollars, almost any dream could come true. Just a few days ago, we answered the question of what Germans would afford from a lottery win in an article.
Image source: https://pixabay.com/de/photos/geschäftsmann-kaufmann-geld-dollar-3950117/
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