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Home HEADLINES Man wins entire $1.58 billion (N1.2 trillion) jackpot money

Man wins entire $1.58 billion (N1.2 trillion) jackpot money

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Man wins entire $1.58 billion (N1.2 trillion) jackpot money

A player in Florida in the United Stares, won the $1.58 billion Mega Millions jackpot on Tuesday night, ending a stretch of lottery futility in the US that had stretched for nearly four months.

The winning numbers drawn were: 13 19 20 32 33 and the yellow ball: 14.

Before the big win on Tuesday night, there had been 31 straight drawings since the last time someone won the game’s jackpot on April 18. That enabled the prize to steadily grow to be the third-largest ever in US history.

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Mega Millions jackpot winners are so rare thanks to odds of one in 302.6 million.

The $1.58 billion payout would go to the winner if they opt for an annuity, doled out over 30 years. But people usually prefer a lump sum option, which for Tuesday’s jackpot is an estimated $783.3 million.

The prize money is subject to federal taxes. Many states also tax lottery winnings.

Mega Millions is played in 45 states, Washington DC and the US Virgin Islands. (Culled from The Telegraph)

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