A Georgia resident won a $980 million Mega Millions jackpot on Saturday, November 15, and can receive a $452.2 million lump‑sum payout after taxes.
Jackpot Details
On November 15, a Georgia winner matched the six winning numbers 1, 8, 11, 12, 57 and the Mega Ball 7, taking home a $980 million Mega Millions jackpot.
Payout Options
The winner can choose between 30 annual installments or a single lump‑sum payment of $452.2 million.
Tax Impact
After a federal tax deduction of $190.8 million, the lump‑sum payoff would be about $261.4 million. The installment choice would yield roughly $20.5 million per year.
Official Statements
Joshua Johnston, chief director of the Mega Millions Consortium, congratulated the Georgia winner and highlighted that ticket sales raise revenues for charitable causes and retailer commissions.
Lottery Operations
Tickets cost $5 and are sold in 45 states; half of each sale stays in the state where the ticket was bought.
