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Next Mega Millions Drawing
Today$498,000,000Estimated jackpotWinning numbersMega Millions08/16- 22
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Drawing days Tuesday & Friday at 11pm ET / 8pm PTwww.megamillions.comJul 1, 2024 · This Mega Millions Payout calculator calculates how much you will get from a lump sum payout or an annuity payout if you win the Mega Millions jackpot lottery. The calculator also creates the Mega Millions payout chart to reveal how the annuity payout stream will work.
Mega Millions jackpot analysis shows the net amount a grand prize winner would receive after federal and state taxes are withheld.
Our Mega Millions calculator takes into account the federal and state tax rates and calculates payouts for both cash lump sum and annual payment options, so you can compare the two. You'll also find a payout table for the annual payment option below for a more detailed breakdown.
Here’s how much taxes you will owe if you win the current Mega Millions jackpot. You can find out tax payments for both annuity and cash lump sum options. To use the calculator, select your filing status and state.
Cash Lump Sum: $245.3 Million. Time left to Enter. 3 days. 16 hours. 34 mins. 45 secs. Choose Numbers. Mega Millions also offers players the chance to include the Megaplier on their ticket for an additional $1 entry fee. The Megaplier works by multiplying all non-jackpot prizes by 2, 3, 4 or 5x, depending on which Megaplier number is drawn.
5 days ago · The Mega Millions payout changes after each drawing, and the lump sum payout is much less than the advertised jackpot amount. For example, the recent $1.13 billion million jackpot winners will...
May 8, 2024 · Your reward is guaranteed because Mega Millions is an official game supported by state governments. The other option is a lump sum payment, and it’s more tempting for most lottery winners. You get the entire sum immediately, but the lottery lowers it to about 61% of the advertised prize.
Aug 7, 2023 · Key Points. The Mega Millions jackpot has ballooned to $1.55 billion without a winning ticket from Friday night’s drawing. There are two payout choices: a one-time lump sum “cash option” or 30...
You can calculate your lottery lump sum take home money, annuity payout and total tax amount that you need to pay after winning from Megamillions, Powerball, Lotto, etc by using our online lottery payout calculator. What are the states where lottery winners get a higher payout?
Sep 22, 2022 · The winners of a Mega Millions jackpot totaling $1.3 billion will receive much less than that as a lump sum payment.
