Mega Millions prize reaches $1.1 billion: Here's what you should do if you win, according to billionaire Mark Cuban. If you match all six numbers on your ticket, you can choose between collecting the entire sum in annual payments over 30 years or taking home a one-time payment of $525.8 million.
Most winners choose the lump sum option, even if it is less than half of the total prize amount. Cuban advises winners not to opt for a single payout, largely because there are no guarantees that he will invest it properly.