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Mega Millions jackpot climbs to $1.15 billion — here are 8 states where your prize won't be taxed
While an automatic 24% is withheld upfront, you would almost certainly owe a total of 37% when you file your 2024 tax return.
$1.22 billion ticket from Mega Millions sold in California
Someone in California may have just won $1 billion during the holiday season. A Mega Millions ticket worth $1.22 billion has been sold in California. According to the state's lottery website late Friday night,
How much would the $1.15 billion Mega Millions winner take home in Pennsylvania?
REPORTER AVA RASH EXPLAINS THE GAME THAT COULD MAKE YOU A MILLIONAIRE OR BILLIONAIRE IS ABOUT TO GET A BIT PRICIER, AND SOME HAVE MIXED REACTIONS ON THE MEGA CHANGES COMING IN JUST A FEW MONTHS. IN THE END,
$1.15B Mega Millions jackpot: Which states would have the largest payout?
It now sits at an estimated $1.15 billion, with a cash option of $516.1 million, making it the fifth-largest Mega Millions jackpot on record. A $1.128 billion prize won in New Jersey earlier this year previously held that spot.
'Keep it quiet:' Here's what to know and do if you win the Mega Millions jackpot
If you stand to claim a Mega Millions jackpot, or any other lottery prize, one of the first things you should do is seek out advice from financial experts.
Mega Millions lottery jackpot nears record amount: When is the next drawing?
The Mega Millions jackpot has reached near-record heights again. After no one won Friday night's drawing , the jackpot will be an estimated $944 Million for Tuesday night's drawing. The cash option for Tuesday's drawing is $429.4 million.
Mega Millions jackpot hits $1.22 billion, one of the largest in U.S. history
The Mega Millions jackpot has surged by $72 million, reaching a staggering $1.22 billion for the Dec. 27 drawing.
Mega Millions winning numbers for Dec. 27 lottery drawing: Jackpot balloons to $1.22 billion
The Mega Millions jackpot rose to $1.22 billion after no one managed to hit all six numbers on Christmas Eve. The Friday night drawing comes with a cash option of $549.7 million. If it's won,
$1.22 billion Mega Millions jackpot won in California
The winning numbers were 3, 7, 37, 49 and 55. The Mega Ball was 6. The jackpot is the fifth-biggest ever in the Mega Millions lotteries.
Winning ticket sold for $1.22 billion lottery jackpot, Mega Million says.
One Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three months without anyone winning the top prize, a winning ticket worth an estimated $1.22 billion was sold in the drawing Friday night.
Winning ticket for $1.22 billion Mega Millions jackpot sold in California
Santa came a little late, but he brought one person a $1.22 billion Mega Millions jackpot as a stocking stuffer.
The Washington Post
3d
Should Mega Millions jackpot winners take a lump-sum payout or annuity?
“All else equal, the older the person, the less convenient the
annuity
,” he said in an email.
Mega
Millions
winnings can be passed on to beneficiaries in case of death. But annuities may ...
4d
Mega Millions now in the billions: Lump sum or cash option? What to know about payouts, taxes
Let's say you won $1 billion Mega Millions jackpot. Is it better to get a truckload of cash at your house now, or guaranteed payments for 30 years?
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