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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 one-time cash payment for the $1.28 billion winner is estimated at approximately $433,786,645, according to USA Mega. That’s the take-home amount after paying the federal tax rate of 24% ...
A New Jersey resident won Tuesday night's Mega Millions jackpot for $1.13 billion. ... over time as the base amount accrues interest and the money ... the prize to a minimum 35% tax rate, an ...
Winner steps forward to claim $1.1 billion Mega Millions jackpot nearly 9 months after drawing ... will take home $537.5 million before state and federal taxes. ... which can increase non-grand ...
The lump sum cash value of this week’s jackpot is $625.3 million, according to Mega Millions. After the federal government takes out 24% up front, the winner will have around $475.2 million.
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 Mega Millions jackpot rose to $825 million ahead of Friday’s drawing, which has an estimated $382.2 million lump-sum payment after taxes, according to the lottery.
If you went with the cash option — most winners do — the IRS would withhold tens of millions of dollars before the windfall reaches you. Here's the tax bill on $444 million Mega Millions ...