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.
.
.
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
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.”
Today’s Mega Millions jackpot is $1.55 billion.
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?
— unusual_whales (@unusual_whales) August 8, 2023
h/t Reality420