While an automatic 24% is withheld upfront, you would almost certainly owe a total of 37% when you file your 2024 tax return.

Tonight, the numbers for the near-record Mega Millions jackpot will be drawn. At $1.15 billion, it’s the fifth-largest prize ...

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 prize has grown to $825 million ahead of Friday night's draw — the seventh-largest sum in the ...

Ohio's rules about lottery tickets bought in the state apply, regardless of where the winner lives. 3News legal analyst ...

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 ...

The Mega Millions jackpot has reached an estimated $740 million, the eighth-largest prize in the lottery’s history, after no winning ... Some states also tax lottery winnings, with rates as ...

While the win would ... local lottery is required to withhold 24% in federal taxes. With additional withholdings, about 37% of your prize money goes to taxes. In states that do not have a local ...

One billion dollars were up for grabs on Christmas Eve as the Mega Millions was drawn. Find out if anyone won the lottery here.

The Mega Millions jackpot climbed to an estimated $619 million, the 10th-largest in its history after no winning ... rate. Lottery winnings are also subject to taxes in some states, with rates ...