Mega Millions estimated Jackpot is $640 MILLION
Why buy stocks and bonds?
If one ticket matches all six numbers for the mega-jackpot, the winner would have the choice of receiving the full jackpot in 26 annual payments of about $24.6 million, or a cash option of approximately $462 million.
Let's do the math on the Cash Option:
If the taxes are 40%, then the amount left after tax is $277,200,000.
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