A winner could get $19.2 million a year for 26 years or a single payment of $359 million. The previous record jackpot in the Mega Millions game was $390 million in 2007, split by two winners in New Jersey and Georgia. Considering the fact that there is no income tax in Florida or Tennessee , the money selection immediately after Federal withholding

Megaplier is an add-on function that fees $1 a lot more per wager. The Megaplier can multiply non-jackpot prizes by two, three, four or 5 occasions. Mega Millions' tenth-biggest jackpot annuity worth ($390 million) was for the March six, 2007, drawing. Two tickets, 1 each and every from Georgia and New Jersey, won $195 million every. The third-bigg

Add on “Power Play” for $1 further for a shot at multiplying your winnings. However, in just about every state except California, you also have the option to play “Power Play” for $1 a lot more. Power Play increases your winnings for all non-jackpot prizes if you win. As of October 2021, prizes for winning tickets with the Energy Play add-o

It really is now one of the leading ten largest U.S. jackpots in history. Pick out five numbers 1 to 69 and one particular quantity 1 to 26 to be your Powerball. To win the Powerball jackpot, match the six numbers on your ticket to the drawn six-number mixture . Any person who wins a substantial Powerball prize ought to pay federal taxes in the US,

In terms of the taxes that a player owes just after winning their prize, all Mega Millions awards are subject to revenue taxes. Notably, the Maine State Lottery withholds federal and state taxes at 24% and 7.15% respectively on prizes higher than $five,000. IRS type W-2G is also mailed to winners in January for any claimed awards of $600 or more. T