Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Virginia Man Wins Jawdropping $384M Jackpot: Should He Take the Lump Sum or Annual Payout?

Lottery winning are subject to multiple forms of taxes.

A Mega Millions player in Virginia won the £254 million ($348 million) jackpot last week, marking the largest Mega Millions win in the US state's history. The ticket was sold at the E & C VA convenience store in Burgess, and the winning numbers were 18, 21, 29, 42 and 50 with the gold Mega Ball 2. The odds of winning were 1 in 290,472,336.

Virginia has witnessed 10 Mega Millions winners since the game's inception in 2002. Former truck driver JR Triplett previously held the state's record of winning £174 million ($239 million) in 2004.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.