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If You Win Mega Millions or Powerball, Should You Take the Cash Payout? | Mental Floss

Mega Millions has reached a record-breaking jackpot of $1.6 billion, which means your individual chances of taking home the winnings are less than one in 300,000,000. (And, amazingly, Powerball is currently at a not-too-shabby $620 million.) But it doesn't hurt to be prepared: If your ticket matches the winning numbers, here's the first decision you need to make before your life changes.