How much will the next Mega Millions jackpot be?

How much is the Mega Millions jackpot currently up to?

The Mega Millions® jackpot has surpassed the magical half-billion mark, and the next drawing on Friday, May 21, will feature an estimated $515 million prize ($346.3 million cash)!

$515 Million Jackpot Set for Friday Night.

Amount Date Winning Tickets
$515 million (est) 5/21//2021 ?
$451 million 1/5/2018 1-FL

How Much Will Mega Millions winner take home?

Here’s how much will go to taxes. The cash option — which most winners choose — is about $315 million for this Mega Millions jackpot. Before the money reaches the winner, 24% would be withheld for federal taxes — and more would likely be due at tax time.

How much is the Mega Millions lottery?

Mega Millions® tickets cost $2.00 per play. Players may pick six numbers from two separate pools of numbers – five different numbers from 1 to 70 (the white balls) and one number from 1 to 25 (the gold Mega Ball) – or select Easy Pick/Quick Pick. You win the jackpot by matching all six winning numbers in a drawing.

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What State won the last Mega Millions?

$108 million Mega Millions winning ticket sold in Arizona

The winning ticket was sold at Desert Martini on McCulloch Boulevard in North Lake Havasu City, Arizona. The Mega Millions winning numbers drawn on Friday, Oct. 22, 2021 were: 9 – 14 – 26 – 29 – 66 and Megaball 22. The Megaplier was 3x.

Do you pay taxes on lottery winnings every year?

Lottery winnings are considered ordinary taxable income for both federal and state tax purposes. That means your winnings are taxed the same as your wages or salary. And you must report the entire amount you receive each year on your tax return.

Which is better lump sum or annuity lottery?

The advantage of a lump sum is certainty — the lottery winnings will be subjected to current federal and state taxes as they exist at the time the money is won. … Those who choose the annuity option for tax reasons are often betting that tax rates in the future will be lower than the current rates.

What would be the lump sum payout for Mega Millions?

According to lottery officials, most winners opt for the lump sum, or “cash option,” as Mega Millions calls the payout. In the case of Friday’s $515 million jackpot, that amount would be $346.3 million.

Are 2 numbers worth anything in Mega Millions?

Yes, if you match two Mega Millions numbers during the drawing, this means that you will walk away with some money, but you won’t win the jackpot. However, you will only win some money if you matched a yellow ball and a white ball. Matching two white balls won’t get you any winnings.

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Who won the Mega Millions 2021?

May 21, 2021 – $516 million ($349.3 million cash) won by the Peace of Mind Trust in Pennsylvania. February 16, 2021 – $96 million ($68.5 million cash) won by Leonard and Lorraine Padavan of Blossvale, N.Y. January 22, 2021 – $1.050 billion ($776.6 million cash) won by the Wolverine FLL Club of Oakland County, Mich.

Do you win anything if you get one number on Mega Millions?

Unfortunately, if you only matched one white number on the Mega Millions drawing, you did NOT win any money. If the only number matched was the yellow Mega Ball number itself, then you’ll win $2.

Did anyone win Mega Millions on Friday?

While there was no winner of the top prize on Friday, there have now been some big Mega Millions winners in 2021.