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If there is a winner, Mega Millions jackpot would be the fifth-largest jackpot in Mega Millions history, making the take-home prize a lump-sum payment of an estimated $516.1 million after taxes.
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.
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. ... The cash option for winners that take a lump sum ...
The cash option in the US can be 40–60% of the advertised annuity amount. Specific payouts for any single draw deviate from the expected payout advertised before a draw, and depends especially on if the jackpot is hit. Typically jackpot amounts that are not hit or paid out are then rolled over to the next draw.
The unidentified winner manually selected the winning numbers and chose the lump-sum cash payout option of approximately $537.5 million before taxes, NJ.com reports. Under New Jersey state law ...
Check your tickets to see if they match the winning numbers: 51, 2, 67, 56, 20 and the Mega Ball 19. ... they'll have the option of an annuity with 29 annual payments or a lump sum cash payout of ...
A lump sum lottery payout is a one-time cash payment, whereas an annuity payout provides annual payments over time. Depending on which state you win in and what lottery game you play, the payout ...
If the winner chooses a lump sum, federal and state taxes would significantly reduce the amount they receive. The Mega Millions jackpot is $630 million. Should the lucky winner take the lump sum?