What is the largest lottery jackpot won in the US to date?

If you want to take a chance on joining them, Tueday's Mega Millions jackpot is now $1.6 billion, the highest jackpot ever. Lottery winners can choose to receive the money in either an annuity — annual allotments over 30 years — or to get it all at once in a single payment for a smaller amount.

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