After ticket sales were tallied, the final value of the jackpot was higher than an initial estimate of $1.28 billion. The winner has the choice of a cash option worth an estimated $780.5 million if taken as a lump sum payment instead of the annuity option with 30 payments.
Seems $1.34B is a marketing number and the actual number is $708.5M pre-tax (58% of marketing figure). They also encourage you take money every year for 30 years instead, probably paying out a bit extra and banking on your incapacity to calculate for inflation.
Seems $1.34B is a marketing number and the actual number is $708.5M pre-tax (58% of marketing figure). They also encourage you take money every year for 30 years instead, probably paying out a bit extra and banking on your incapacity to calculate for inflation.