The Mega Millions jackpot has reached an estimated $735 million for Tuesday's drawing after no one won the jackpot Friday night.
The cash option for Tuesday's drawing is an estimated $356.7 million., which gives one immediate payment and continues to give annual payments over the next 29 years. The payments increase by 5% each time in the annuity option, however most choose the cash option.
There's a mandatory 24% federal withholding for winnings above $5,000 that goes straight to the IRS. Some states tax lottery winnings as well, but states that do not impose an income tax on lottery winnings include Millions, if not billions, are up grabs once a winning lotto ticket goes unclaimed. What to know about who gets to keep it.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mega Millions numbers: Are you the lucky winner of Friday’s $394 million jackpot?Check your numbers to see if you hit it big in Friday's jackpot.
Read more »
Mega Millions numbers: Are you the lucky winner of Friday’s $475 million jackpot?Check your numbers to see if you hit it big in Friday's jackpot.
Read more »
Mega Millions numbers: Are you the lucky winner of Friday’s $525 million jackpot?Check your numbers to see if you hit it big in Friday's jackpot.
Read more »
Mega Millions numbers: Are you the lucky winner of Friday’s $607 million jackpot?Check your numbers to see if you hit it big in Friday's jackpot.
Read more »
6th largest Mega Millions jackpot hits $687 million for Friday's drawingThe sixth largest Mega Millions jackpot is set to be drawn Friday night.
Read more »
Mega Millions numbers 2/27/24: $563 million jackpot up for grabsThe winning numbers have been drawn for Tuesday night's Mega Millions jackpot worth $563 million.
Read more »