Mega Millions jackpot split three ways

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Lottery ticket-holders in Kansas, Illinois and Maryland each selected the winning numbers and will split a $640 million jackpot that was believed to be the world's largest such prize, USA Today reported.

Mike Lang, spokesman for the Illinois Lottery, said each winning ticket was expected to be worth more than $213 million before taxes.

Had one person won the whole pot, and invested the $300 million conservatively, Steve Fazzari, an economics professor at Washington University in St. Louis, said you could have expected to collect a nice "salary" of about $7 million "after taxes every year for the rest of your life and the rest of the life of your heirs," the Washington Post reported. Put another way, that's $19,000 a day - forever.

According to USA Today, the Illinois ticket was purchased in the small town of Red Bud, near St. Louis, using a quick pick to select the numbers. The Maryland tickets came from a retail store in Baltimore County and the Kansas ticket was purchased from a store in northeast Kansas.

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This page contains a single entry by wilco202 published on March 31, 2012 1:55 AM.

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