Breakdown of the Mega Millions jackpot

Tonight's Mega Millions jackpot is now worth $640 million. The lottery says the lump sum payout would be $462 million dollars. A winner would then owe $115.5 million in federal taxes and about $31 million

News 12 Staff

Mar 30, 2012, 6:46 PM

Updated 4,407 days ago

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Breakdown of the Mega Millions jackpot
Tonight's Mega Millions jackpot is now worth $640 million.
The lottery says the lump sum payout would be $462 million dollars. A winner would then owe $115.5 million in federal taxes and about $31 million in Connecticut state taxes leaving $315.5 million.
If a person were to take the yearly payouts, they would receive a check for $24,615,385, before taxes, every year for 26 years.


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