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Cost Of Victory: Taxes Could Rob NJ's Record Lottery Winner Of Hundreds Of Millions
The winner of the massive $1.13 billion Mega Millions jackpot will actually bring home much less money than that.
The New Jersey Lottery said the winning ticket in the Tuesday, Mar. 26 drawing was purchased at ShopRite Wine & Spirits on Route 66 in Neptune. No winner had come forward publicly as of Friday, Mar. 29, and state law allows large lottery jackpot winners to remain anonymous.
The winning numbers were 7, 11, 22, 29, and 38, and the MegaBall was 4.
The final prize from the $1,128,000 jackpot will heavily depend on whether the winner takes the cash option or annuity. The cash op…
