$1.34 billion Mega Millions winner must claim lump sum by Sept. 27

$1.34 billion Mega Millions jackpot winner just weeks away from key claim deadline

Thursday the Mega Millions jackpot won in July remained unclaimed, according to an Illinois Lottery spokesman.

If the winner does not claim the jackpot by September 27-60 days after the July 29 drawing - the prize will default to an annuity option.

The windfall of $1.34 billion for the lump sum option -- which most jackpot winners choose -- is $780.5 million.

Time is running out for whoever wins the $1.34 billion Mega Million jackpot at the end of July

In Illinois, where the winning ticket was sold, Mega Millions winners get a year to claim their windfall if they want.

If the winner does not claim the jackpot by September 27 – 60 days after the July 29 drawing – the prize will switch to the annuity option.

He will receive it as an annuity spread over three decades. But they only get 60 days