Top Line

Two men in Illinois who won an astonishing $1.337 billion Mega Millions jackpot in July will split $780.5 million in pre-tax cash outright eight weeks after the historic draw—the second largest in Mega Millions history and the third largest ever in the country. Jackpot.

Key Facts

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Illinois Lottery officials reported that two individuals who won the jackpot on one ticket chose to remain anonymous. The Associated PressAlthough ABC7 Chicago Reported that the ticket was purchased at the Speedway gas station in Des Plaines, Illinois.

He won the Mega Millions on July 29, when there were 29 consecutive draws in three months without the required six-number combination to win the jackpot.

Lottery winners have the option of taking the cash lump sum before taxes or taking the full prize under a tax payment plan, which is spread over 30 annual payments of an average of $42.6 million.

In this case, the winners are set to receive $470.7 million after federal lottery withholding and additional taxes – they would have earned $26.9 million per year if they had taken the annual payment route.

Speedway selling tickets will receive a cash bonus of $500,000, wife informed of.

big number

$1.586 billion. How much did three people in California, Florida and Tennessee win in January 2016? powerball jackpotBiggest ever recorded. The only other jackpot larger than Wednesday's claimed $1.337 billion came in October 2018, when a winner in South Carolina won a $1.537 jackpot at Mega Millions.

what to see

Mega Millions Estimate The next jackpot will total $301 million with a cash option of $160.3 million. The next drawing is scheduled for Friday night at 11 p.m.

Here's What the $1 Billion Mega Million Winner Will Actually Take Home After Taxes (Forbes)

Someone Won the $1.28 Billion Mega Million Jackpot—Here's How Much They'll Take Home After Taxes (Forbes)

Illinois Lottery: 2 Claims $1.337B Mega Millions Jackpot (The Associated Press)