c_mitra
Advanced Member level 6
If the lightning strike is close by, all bets are off, but at least yours (if 1200V) has the greatest chance of surviving...
Lightning rarely strikes directly the 220V/110V line; it hits the major transmission lines which are stretched across vast open area at significant altitudes. Although the topmost conductor is a ground wire, the voltage is induced on the high tension lines and significant energy is passed onto the lines.
This energy finally passes through several distribution transformers and they will simply stretch the pulse- reducing the peak height and increasing the duration. Also a number of transformers will share the same high tension line thereby decreasing the overall impact. Transmission line capacitance can be large (I have no idea about the value/km) but the overall energy many not be very large.
However, if the lightning strikes the low voltage line (220V/110V) near your place, then... (but the phone lines are rarely affected)