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Nonresident U.S. lottery winners have 30% of winnings of at least $600 withheld. [1] While the largest lottery prizes in the early history of U.S. state lotteries were "annuity-only," these lotteries gradually introduced a "cash option" for these games.
The initial estimate for that drawing (following the March 27 drawing, which was $363 million annuity) was $476 million (later increased to $500 million and again to $540 million), brisk ticket sales pushed the jackpot values, both annuitized (to $656 million) and the cash option ($474 million) higher. The amount spent on Mega Millions for ...
The jackpot is $785 million — the sixth-largest prize in lottery history — after 22 straight draws with no winner, according to WVNS 59. With odds of winning at one in 302.6 million, if ...
The Mega Millions jackpot winner could either take the cash payout of $549.7 million or the $1.22 billion annuity paid out over 30 years. ... jackpot in the game's history. The winning numbers ...
Mega Millions Payout Calculator Omni Mega Millions drawings are every Tuesday and Friday at 11 p.m. ET. Tickets are sold in 45 states, plus the District of Columbia and the U.S. Virgin Islands.
Nearly all grand prize winners opt to take a cash payout, which for Friday night’s drawing is an estimated $549.7 million. Despite the game’s long odds of 1 in 302.6 million, players continued to purchase tickets as the size of the grand prize grew. Until Friday, the last time a Mega Millions player hit the top prize was Sept. 10.
The unidentified lucky ticketholder can choose between the $1.22 billion jackpot paid out in installments over 29 years or take the one-time lump sum estimated at $549.7 million.
No one matched al l six numbers to win the Mega Millions jackpot of $306 million or a cash payout option of $143.8 million. When is the next Mega Millions drawing? The next Mega Millions draw is ...