MEMPHIS, TN (abc24.com) - With one set of numbers your life could change forever. The odds are so against it, but it could happen. The Mega Millions jackpot is soaring, now at a mind boggling $640 million.
The winning numbers will be selected at 10 p.m. Friday, March 30. If you win, you'll have a major decision to make: should you get a one-time payment, or take smaller payments for the next quarter of a century?
Forget it, says Gloria Barnes. She's the winner and that's that.
This is the night that somebody will more than likely win a $640 million jackpot, then it's decision time.
If you win and take the annuity, you receive a check for 26 years for more than $24 million before taxes. Once the Internal Revenue Service takes their annual chunk of more than $6 million, you'd get a yearly check for $18,461,539.00.
That's just what Gloria Barnes wants. "I'd just prefer to wait instead of spending it all at one time," she said.
If you took a one time lump sum payment, it would be $462 million. The IRS would take $115,500, leaving the winner a fat check of more than $346.5 million.
The only group guaranteed to win money is the Internal Revenue Service. Those guys always win.