For the winner of a $1.26 billion Mega Millions jackpot ticket sold in California, the ecstasy of the big win may soon give ...

Now it's time for the federal government's cut. The IRS requires lottery agencies to withhold a 24% tax on winnings greater ...

For the winner of a $1.26 billion Mega Millions jackpot ticket sold in California, the ecstasy of the big win may soon give ...

Just won millions in the lottery? Congratulations! Here's what to do — and more importantly, not to do — to avoid making some very big mistakes.

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 lottery has reached a stunning $1.15 billion, the fifth largest prize in the history of the game. The ...

For non-resident aliens, the Lottery withholds 30% from all prize amounts. So if you won big, the tax bite is already covered and will be reflected in your payout. For winnings under $5,000 ...

“We really needed it.” She went to lottery headquarters in Raleigh on Dec. 17 to claim her winnings and, after required federal and state tax withholdings, took home $71,501. Pressley said she ...

FOR the winner of a US$1.26 billion Mega Millions jackpot ticket sold in California, the ecstasy of the big win may soon give ...