Mega Millions hits $604M, but you would take home far less as the winner
Federal taxes will take more than 30% of your payout right away. Then, outside a few states, you'll also owe a state lottery tax.
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Are you feeling lucky? You might want to buy a Mega Millions ticket for Friday night's drawing.
A $604 million Mega Millions jackpot is up for grabs Friday. Winners taking the lump sum will get about $168 million after taxes.
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The Mega Millions jackpot has hit $604 million - a record for this year so far
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