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 to the state lottery tax. You’ll face ...
As of Dec. 24, 2024, there have been 11 lottery grand prizes that hit $1 billion or more, and only once in history did a jackpot surpass $2 billion.
Mega Millions players will notice some big changes to the lottery game in a few months. The changes, which go beyond the price of the ticket, are designed to improve odds of winning with bigger ...
Powerball reset to $20 million after an Oregon ticket matched all 6 numbers, winning $331 million. After another rollover, total jumped to $31 million ...