$465,948,000 minus your state income tax rate.

[Blue_true]

24. The amount that the OP listed is the the "current" value, or lump sum payout.

In my view, too many people take the lump sum and “financial advisors” foolishly advise people to take the lump sum when the jackpot is that large.

I have not really thought about it much, I don’t have a ticket. But, my feeling is that if a person can, he or she should set up a Trust to accept the 30 year payout, which in this case would be around $33 million per year before taxes. The lottery organization buys an insurance annuity to cover the payout when a person wins. So, in my view, the 30 year payout to a Trust is almost guaranteed. The Trust concept covers the situation where the winner dies before collecting all the 30 payments, since there could be a mechanism for a new Trustee to take over, along with restrictions on that person’s possible decisions concerning the money.