What's the tax bill for snagging a $1.15 billion Mega Millions jackpot, and what amount will the winner actually get to enjoy? Read on to find out.

The Mega Millions winner is expected to take home less than half the advertised worth of their winning ticket, after state and local taxes. For starters, because the winner elected to receive the ...

but the eventual winner will take home a much smaller amount after paying their taxes. The Mega Millions jackpot prize surged to $825 million on Tuesday night. The six numbers drawn on Tuesday ...

The Mega Millions jackpot for Friday's drawing ... those who pick the cash option will receive an estimated $516.1 million. Then there are the taxes. The IRS immediately takes 24% of all lottery ...

For the current estimated $1.22 billion Mega Millions jackpot, the cash payout is $549.7 million, according to the website. After taxes that's about $418 million, which doesn't sound nearly as ...

The Mega Millions jackpot rose to $740 million ahead of Tuesday's drawing, which has an estimated $342.9 million lump-sum payment after taxes, according to the lottery. It is the eighth-largest ...

Friday's Mega Millions jackpot soared to an estimated $862 million for the drawing. The jackpot was worth an estimated $392.1 million lump-sum payment after taxes, according to the lottery.

Friday's Mega Millions jackpot soared to an estimated $1.22 billion for the drawing. The jackpot was worth an estimated $549.7 million lump-sum payment after taxes, according to the lottery.

The Mega Millions prize continues to grow after there ... million which has an estimated $382.3 million lump-sum payment after taxes, according to the lottery. That drawing is set to take place ...