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?
While an automatic 24% is withheld upfront, you would almost certainly owe a total of 37% when you file your 2024 tax return.
If you won the Mega Millions jackpot in North Dakota and opted for the cash payout, you would pocket about $377.3 million (or, under the highest federal tax rate, $310.2 million, based on USA Mega ...
It now sits at an estimated $1.15 billion, with a cash option of $516.1 million, making it the fifth-largest Mega Millions ...
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.
At least one Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three ...
If you won the Mega Millions jackpot in North Dakota and opted for the cash payout, you would pocket about $330.4 million, ...
The Mega Millions jackpot has reached $1.22 billion. Experts say winners should generally take the money in annuities, but ...
The Mega Millions jackpot has reached near-record heights again. After no one won Friday night's drawing , the jackpot will ...
You can win $2 for the matching just one - the Mega Ball. Short of the jackpot, you can win up to $1 million for matching all ...
A lucky lottery player in Northern California has won the estimated $1.269 billion Mega Millions ... The odds to match all ...
But you don't get as much that way. For the current estimated $1.22 billion Mega Millions jackpot, the cash payout is $549.7 million, according to the website. After taxes that's about $418 ...