Mega Millions $1.58 Billion Jackpot Won By One Ticket In Florida… You can choose a $1.55 billion over 29 annual payments, or a cash lump sum of approximately $752.2 million, per Reuters. Which do you choose?

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https://www.megamillions.com/

https://www.megamillions.com/News/2023/Estimated-Mega-Millions%C2%AE-Jackpot-Now-at-$1-58-Bill.aspx

$1.58 Billion annuity prize paid out in 30 yearly installments.
That is = $783.3 million lump sum cash prize.

There is someone in Florida who is very happy tonight.
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Edited to add this Mega Millions Press Release about the win:
https://www.megamillions.com/News/2023/Smashing-Jackpot-Run-Ends-With-Big-Florida-Win.aspx
“Smashing Jackpot Run Ends With Big Florida Win
RELEASE DATE: 8/9/2023

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This unprecedented Mega Millions® jackpot run has finally come to an end! After 31 drawings without a big win, a lucky ticket-holder in Florida will celebrate the Summer of 2023 with a record-sized MEGA jackpot, currently estimated at $1.58 billion ($783.3 million cash). A single ticket sold in the state matched all six numbers in the August 8 drawing – the white balls 13, 19, 20, 32 and 33, plus the gold Mega Ball 14.”

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h/t Reality420