Mega Millions in ‘uncharted territory’ with $1.6 billion jackpot

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www.washingtonpost.com—Should a winner choose to take a one-time lump sum payment instead of annual payouts over 30 years, the cash payout would be about $905 million, according to officials.

Mega Millions jackpot enters 'uncharted territory' at record $1.6 billion. Yes, that headline is correct: The Mega Millions jackpot is at $1.6 billion. With a B. All eyes were on the latest drawing Friday night, when the jackpot was at an already mind-boggling $1 billion. However, with no ticket matching all six numbers drawn - 15, 23, 53, 65, 70 and Mega Ball 7 - the...