Mega Millions Jackpot Hits Staggering $670 Million—Here Are the Wildly Pricey Mansions a Winner Could Snap Up

The Mega Millions jackpot has once again gone unclaimed, pushing the total potential winnings to a staggering $670 million ahead of the next draw on Friday, Dec. 13.

However, anyone who manages to win the impressive sum, which is the fifth biggest lottery prize of 2024 thus far, won’t actually take home the full amount thanks to the sky-high taxes that will be imposed on the cash prize.

Any winner will have the option of choosing how they receive the money—either a lump sum cash prize of $317.8 million or $670 million spread across 30 annual payments.

Either way, they will still be stung by taxes. A mandatory federal tax withholding of 24% would reduce the lump sum payment to $241.5 million; and they may then face another federal margin rate of up to 37%, depending on their income, which would chop that figure again to around $200 million.

If they choose the installment plan, the full annual payments of $22.33 million would be reduced to $14.1 million if the full federal margin rate is imposed.

Still, there’s no denying that the win would be life-changing—and would likely provide the lucky ticket holder with the chance to live a much more opulent lifestyle than they’ve ever dreamed

From cars and designer shopping sprees to luxury vacations and megamansions.

Indeed, the money would give the winner access to a very elite level of homebuying, placing them in a small group of property purchasers capable of affording some of the priciest pads in the U.S. (and beyond).

So what kind of home, exactly, should they be looking for?

Remarkably there are actually several mansions currently on the market that would eat up almost the entirety of their win, should they wish to invest the full whack in a home.

But, if they’re eager to be a bit more conservative, there are still plenty of stunning pads for them to choose from regardless of what state they wish to live in.

An ultraluxe home fit for a Mega Millions winner

If splashing out (almost) all of their cash is the aim of the game, then the winner need look no further than Florida’s luxury housing market, where there are currently three homes listed for over $100 million—including America’s most expensive listing of late, a $295 million megmansion in Naples.

Sadly, that property is out of budget for the winner; however, they can take their pick from a $175 million estate located just a stone’s throw from that other pricey property, or opt for a $135 million home in Miami that boasts an impressive 13 bedrooms.

Described in its listing as a “once-in-a-lifetime opportunity,” the home—dubbed Banyan Ridge Estate—is nestled “in the heart of Coconut Grove,” an upscale neighborhood known for its incredible properties.

“This mesmerizing multi-acre private gated haven tailored over 4.5 decades never before offered to the public,” the listing continues. “Two parcels feature direct ocean views boasting 180 of water-frontage. Banyan Ridge transports you to a transcendent oasis with meticulously landscaped grounds.”

However, should the winner choose to invest around half of their post-tax winnings in property, they might consider heading to California, where there are several homes around the $100 million mark, including a Rancho Santa Fe property that offers a jaw-dropping 26 bedrooms and 77 acres.

“Willow Creek Estate, known as the Wellington of the West, is a truly unparalleled 77-acre Covenant estate that seamlessly blends the tranquility of the countryside with the vibrant allure of coastal living,” the listing crows.

“Nestled just five miles from the ocean and the bustling beach towns of San Diego, this private sanctuary offers both serenity and accessibility, providing a rare living experience.”

What better place to sit back, relax, and count your new fortune?

If a history-making property purchase is more the vibe, then the future winner should look no further than a stunning cliffside Versailles-inspired castle in La Jolla, which was put on the market for $108 million back in October and has. yet to be snapped up.

Known to locals as The Sandcastle, the home boasts 13,000-square-feet of living space that includes 10 bedrooms and 14.5 bathrooms, as well as a separate guest residence.

Should city living suit their tastes more, the winner might want to consider a breathtaking duplex condo in Manhattan, NY, that offers unrivaled views of the city from its sky-high vantage point on the 127th and 128th floors.

Priced at $150 million, the eight-bedroom, 10-bathroom property would take up a good chunk of the winnings—but really, what price can you put on a home that is, quite literally, in the sky?

One relatively cheaper option can be found in Dallas, in the form of an imposing $40 million, six-bedroom, 7.5-bathroom Palladian Neoclassical estate.

Designed using French limestone, imported marble, and hardwood, the property features an array of amenities that are, per the listing, “fit for royalty,” including an incredibly lavish master suite that boasts two fireplaces, his and hers bathrooms, a sauna, and a steam shower.

“This one of a kind property includes formal gardens designed by Harold Leidner which fall away to casual naturalistic spaces and a two-level pool,” the listing states.