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 ...

While players in every state are vying for the same record-setting prize, not every state would offer the same payout. Mega Millions jackpots, as well as any large lottery prize, are subject to taxes.

At least one Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three ...

The Mega Millions announced on Friday that the jackpot has now increased to $1.22 billion based on increased sales. It's the ...

The Mega Millions jackpot has reached near-record heights again. After no one won Friday night's drawing , the jackpot will ...

It was the fifth largest Mega Millions ever and ninth largest U.S. jackpot in lottery history (See charts below ... You can ...

It will still be the seventh largest Mega Millions ever and the 12th largest U.S. jackpot in lottery history (See charts ...

The winning ticket for the $1.22 billion Mega Millions jackpot has been sold in California, with the winner set to take home ...

While players in every state are vying for the same record-setting prize, not every state would offer the same payout. Mega Millions jackpots, as well as any large lottery prize, are subject to taxes.