$536 Million Lump Sum for N.J. Mega Millions Winner After Taxes
- Winner of $1.13B Mega Millions jackpot will receive $536.6M lump sum after taxes
- Federal taxes will take 24%, over $128M; state taxes take additional 8%, over $42M
- After federal and state taxes, winner will likely net about $365M
- Annuity option would provide annual payments growing over 30 years to total $591M
- Ticket was sold at Neptune Township ShopRite; 26 jackpots have been won in NJ since 2002