Friday’s Mega Millions drawing is worth an estimated $1.22 billion, evoking headlines and likely luring more people to convenience stores with dreams of private spacewalks above the Earth.

While an automatic 24% is withheld upfront, you would almost certainly owe a total of 37% when you file your 2024 tax return.

If someone hits the Mega Millions jackpot Friday night, the winner could take home an estimated $549.7 million.