Hoping to win the Mega Millions? You’ll need to think about taxes.

An expert suggests spreading the wealth among family and planning ahead

A handwritten sign advertises the new Mega Millions jackpot on Wednesday in New York. (Seth Wenig/AP)
7 min

At 11 p.m. Friday, somebody might get very, very lucky.

The jackpot in the Mega Millions drawing is worth about $1.35 billion, one of the largest lottery prizes ever.

Most people who bought a ticket to try their luck are probably daydreaming of quitting their job, traveling the world, buying a mansion — not about handling their newly complicated tax return as a sudden multimillionaire. But big tax bills go hand-in-hand with big wins.