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Record-Breaking $1.58 Billion Mega Millions Jackpot Won in Florid

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Record Mega Millions Win: A historic $1.58 billion Mega Millions jackpot has been won, making it the largest ever in Mega Millions history, surpassing the previous record of $1.537 billion in 2018.

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Lucky Numbers: The winning combination, 13, 19, 20, 32, and 33, along with the Mega Ball number 14, was chosen on a Tuesday night. 2.

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Florida Ticket: The winning ticket was sold in Florida, bringing a life-changing moment to the fortunate winner.

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Payout Options: The winner can choose between a 29-year annual payout or an estimated lump sum of $783 million (pre-tax)

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Tax Considerations: IRS regulations will apply, with tax rates ranging from 35 to 37 percent for lottery winnings.

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Long Draw Streak: This win ends a 31-draw streak without a Mega Millions jackpot winner.

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Previous Record: The previous record was set at $1.537 billion in 2018.

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Powerball Comparison: The largest recent lottery jackpot was a $2.04 billion Powerball win in California.

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2017 Changes: Mega Millions underwent changes in 2017, including higher starting jackpot ($40 million), higher ticket price ($2), and adjusted odds for a better player experience.

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