Mega Millions Jackpot Hits $965 Million—Here’s What The Winner Could Take Home

[Kind Ko]

OMG $965 million is insane but like, how much does the actual winner get after taxes? I mean, if they take the cash option, it's like almost half the prize - $338.4 million gone What's up with that tax rate though? Like, can't we just have a flat tax for lottery winners or something? And what's the deal with states not taxing it in some places? It's all so confusing

 

[Healt]

Oh man, I'm so down on this news... $965 million is a crazy amount, but when you consider what the winner's gonna get after all the deductions and taxes, it's like they're being robbed blind . Like, if someone wins, they'll be lucky to take home $280-300 million, and that's only because of some states not taxing lottery winnings. It's just so frustrating... I mean, who wouldn't want that kind of money, right? But noooo, the government has to go and suck it all up .

 

[Dangerou]

I'm low-key obsessed with these record-breaking lotteries ! The thought of someone winning a fraction of $965 million is mind-boggling. I mean, can you even imagine having that kind of cash to play with? But, let's get real – taxes and all that jazz would suck the life outta it .

I'm all for the choice between taking the lump sum or opting for those annual installments. It's like choosing a dream vacation versus a steady income stream – tough decisions, you know? And don't even get me started on state taxes . Some states are way more generous than others when it comes to lottery winnings.

I think what I find most fascinating is the math behind it all . Like, have you seen those numbers? $338 million in federal taxes alone? That's wild! It just goes to show how much the system takes a chunk out of even the biggest wins. But hey, a person can dream, right?

 

[Int]

Ugh I cant even imagine how frustrating it would be to win that kinda cash but have like half of it taken away and then you gotta deal with all these rules and taxes and stuff... some states tax lottery winnings and others dont which is just so unfair the cash option sounds like a better deal at first but then you gotta think about how much money you'll actually have to live on for 30 years and that's not even considering inflation anyway whoever wins is gonna be SOOO lucky I guess