The winner of a R24.6 billion US lottery will take home a mere R9.1 billion | Business Insider

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But they'll be taking home the equivalent of just R91 billion of the R24.6 billion Mega Millions prize, after opting for a lump sum of cash and accounting for taxes, Michael Boardman, the deputy director of the Maine Bureau of Alcoholic Beverages and Lottery Operations,said in a statement that the winner, whose identity still hasn't been revealed, approached the state lottery through a limited liability company, LaKoma Island Investments, to claim their winnings.

The equivalent of around R3.2 billion of the prize goes to federal taxes, and state taxes make up a little under R1 billion, Boardman told the AP. Their ticket was validated on Friday when a representative for the winner came into lottery headquarters, said Boardman, per the AP. Their money will be transferred by the end of the week, he said.

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