Thousands of people are rushing to snap up tickets for the April 16 drawing, the second-biggest lottery jackpot in U.S.
While an automatic 24% is withheld upfront, you would almost certainly owe a total of 37% when you file your 2024 tax return.
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 winning numbers for the December 28 drawing were 6, 31, 51, 54, 55, with a Powerball of 12.
At least one Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three ...
not every state would offer the same payout. Mega Millions jackpots, as well as any large lottery prize, are subject to taxes. Your local lottery has to withhold 24% in federal taxes in addition ...