The Mega Millions jackpot has increased to a whopping $510 million just in time for the drawing on December 23. 

That amounts to the tenth-largest prize in the entire 20-year history of Mega Millions. 

 Although it is a really wonderful sum of money, the amount that actually gets deposited into the bank account.

 After the reward is given might be extremely different from one person's to another's depending on where the fortunate recipient lives.

In point of fact, lottery winners are subject to taxation in the United States, but the rate of taxation varies from state to state.

This is not the case in other nations.

According to the website for the Mega Millions lottery, a winner has the option of receiving their prize either as a lump sum payment or as an annuity .

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