Mega Millions Jackpot Reality Check | Albuquerque News

Mega Millions is rolling out its biggest jackpot yet—over half a billion dollars—but don’t get too excited: federal taxes will steal over 30%, and your state’s share will chip away at what’s left. Recent winners in Illinois and Ohio already proved it’s possible, despite odds of 1 in 295 million. If you win Friday’s draw, expect to walk away with less than half the advertised prize, even if you take the lump sum. The annuity option stretches payments over 30 years, but taxes still bite. Meanwhile, Powerball’s jackpot hovers around $457 million with a Saturday draw—and soon, they’re eyeing international players to push jackpots even higher. Grab your ticket, but remember: Uncle Sam and your state are already planning their share. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ab19095b9e429400