Office Pool

$543 Million Mega Millions Jackpot

July 24, 2018 — California

The winning Mega Millions ticket was sold at a Mega Liquor store in San Jose, California. The prize was claimed by an 11-person office pool. California does not permit anonymous claims, so the group members' names were made public. Each member received approximately $29.3 million in pre-tax lump sum value.

What Happened Next

Payout choice: The winner chose the lump sum cash option of $320.5 Million, which after federal taxes (37% top bracket) and applicable state taxes results in a significantly reduced — but still life-changing — take-home amount.

Source: https://www.calottery.com/

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