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.

Did you play Mega Millions today? Check out the winning numbers for the Jan. 10, 2025, drawing and see if it's your lucky day ...

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 ...

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 CASH PRIZE COMES OUT TO ABOUT $450 MILLION BEFORE TAXES ... a lucky Mega Millions player might receive a $1.22 billion belated Christmas gift after no one won Tuesday’s jackpot.Friday ...