Thursday, November 30, 2023

Mega Millions players have two weeks to collect the $783 million dollar prize

Four months ago, a lottery player hit the jackpot and walked away with the Mega Millions jackpot: a whopping $1.58 billion. but The winner has just two weeks to take advantage of the option to cash in a payout of $783.3 million.

The winning player, who is from the state of Florida, has until October 7 to go to the state lottery headquarters and collect his prize for a fee.

If he does not do this, he must receive the prize in annual payments for 29 years. To take advantage of this second option, they will give you until February 4, 2024 to claim the prize.

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The winning ticket was purchased at a Publix grocery store in the town of Neptune Beach. This is the fourth person from Florida to win a Mega Millions jackpot.

The winning numbers in the August 8 drawing are: 13, 19, 20, 32, and 33, and the Mega Ball 14.

Mega Millions jackpot winners have 60 days to claim their jackpot and turn it in for a payout. After this time, it can only be collected in the form of annuities.

To collect the prize and give it in the form of an annuity, the winner has 180 days to claim it.

After paying all applicable taxes, the Mega Millions winner will receive $996.5 million over 29 years if he collects the annuity prize.

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If you claim the prize within two weeks and collect it using the lump sum option, then you will receive $493.5 million dollars, after paying taxes.

Florida does not charge state taxes on lottery prizes, so the winner only has to pay federal taxes.

Nation World News Desk
Nation World News Desk
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