<2> Mega Millions Ticket Sold In Illinois Wins $533 Million Jackpot—Here’s What They Could Take Home
<3> Record-Breaking Jackpot
The Mega Millions jackpot has reached a staggering $533 million, making it the largest prize of 2025 and the biggest Mega Millions prize since a ticket buyer from Georgia won a $983 million prize in November last year. This incredible win has left many wondering what the lucky winner could take home.
<3> The Prize Amount
The $533 million jackpot is a life-changing amount of money that could provide financial security for generations to come. However, the actual amount the winner takes home will depend on various factors, including taxes and other expenses.
<3> Taxes and Fees
In the United States, lottery winnings are subject to federal and state taxes. The winner will need to pay a 24% federal tax on the prize amount, as well as any applicable state taxes. In addition, the winner may also be required to pay fees for things like estate planning and financial management.
<4 href='https://bloomberg.com' target='_blank'>Bloomberg reports that the winner will take home approximately $402 million after taxes and fees. However, this amount could be reduced further depending on the