Search results
Jan 11, 2023 · The next Mega Millions drawing is on Friday, Jan. 13, at 11 p.m. ET. For Tuesday's jackpot, the cash option (or lump sum payout) would be $707.9 million.
09/02/2014. $25 M. $15.1 M. $33 M. -. CVO = Cash Value Option. Click the "View" link to view Approved Lottery Estimation Worksheets for Mega Millions drawings. To view PDF files, Adobe Acrobat Reader is required. Texas Lottery » Games » Mega Millions » Est Jackpot Calculations. Mega Millions Estimated Jackpot Calculations.
Here’s how the current Mega Millions jackpot will be paid if the annuity option is selected. Current Mega Millions jackpot. Tuesday, May 21, 2024. $421,000,000. Withholding (24%) Federal tax. Select your filing status. -$101,040,000. Arizona (4.8%)
PV (along with FV, I/Y, N, and PMT) is an important element in the time value of money, which forms the backbone of finance. There can be no such things as mortgages, auto loans, or credit cards without PV. To learn more about or do calculations on future value instead, feel free to pop on over to our Future Value Calculator.
Annuity option: The Mega Millions annuity is paid out as one immediate payment followed by 29 annual payments. Each payment is 5% bigger than the previous one. This helps protect winners’ lifestyle and purchasing power in periods of inflation. For a typical jackpot of $100 million, the initial payment would be about $1.5 million, and future ...
17 hours ago · The Mega Millions annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year. The table below shows the payout schedule for a jackpot of $421,000,000 for a ticket purchased in North Carolina, including taxes withheld. Please note, the amounts shown are very close ...
Cash value: $195.9 Million. 1 day; 14 hours; ... Current est. jackpot $421 Million. ... Why is the cash lump sum on a Mega Millions jackpot less than the advertised ...
