What is MEGA   MILLIONS

MEGA  MILLIONS

 

MEGA MILLIONS JACKPOT ANALYSIS

ANALYSIS OF THE MEGA MILLIONS JACKPOT

This page’s tax information is based on federal marginal rates and state tax rates for 2022. We display both the mandatory initial federal withholding of 24% and the ensuing federal tax liabilities. Both the final state tax rates and the initial state withholding taxes are based on information published by each state lottery and state government publications.

The average payouts for a jackpot winner are provided for each annuity sum. The Mega Millions annuity payments are made on an annual-increasing rate schedule; therefore, you can click the Annual Payment Schedule link next to any state to see what the payments would be on an annual basis.

HOW TO PLAY MEGA MILLIONS

Visit the where to play mega millions page to find out where you can play Mega Millions.
The goal of Mega Millions is to select a total of six (6) numbers and cross your fingers that they are the ones picked.
The “quick pick,” or group of numbers chosen at random by the lottery machine, is the simplest and quickest way to play.
You can choose five different numbers between 1 and 70 and one “Mega Ball” number between 1 and 25 if you choose to set the numbers yourself. Because the Mega Ball is picked from a different number pool than the first five numbers, it may be the same as one of the first five numbers.

WHERE TO PLAY MEGA MILLIONS

All of the following 47 states and jurisdictions, as well as online, allow Mega Millions play.
Using the free Lottery Places app, you may locate the closest authorised lottery shop in any state.
How to claim your win in the states where Mega Millions tickets are sold

Take your ticket to a licenced lottery sales agent with your signature on the back for validation. You might need to fill out a claim form and return it to the state lottery commission if your prize is worth more than $599.

Tickets that win prizes must be verified and claimed in the state where they were bought. States have different deadlines for claiming winning tickets:

The $640 million jackpot for the Mega Millions game. These are the four essential things to accomplish if you triumph.
Since two tickets split a $502 million jackpot in the middle of October, the top prize has kept increasing.
The likelihood of winning the grand prize is one in 302.6 million.
There are some things you should do — and should not do — straight away if you overcome those odds.

Most lotto winners have sleep deprivation initially.

To put it another way, it’s not as easy as just accepting your award and moving on with your life.

Here’s what to do if you chance to have the winning ticket in your possession.

1. Inhale

There is no immediate need to head over to lottery headquarters.

You have anywhere from 60 or 90 days to a year to collect your win, depending on the state where you purchased your ticket.

According to CFP, you’ll also require some time to determine how to manage the enormous stream of money. Financial Empowerment was founded and is partnered by Janet Stanzak in Burnsville, Minnesota.

2. Preserve your ticket.

Keep your ticket safe at all times. The important piece of paper should be photographed by you, according to experts, and then kept in a secure location, such a lockbox.

Keep your ticket safe, Bradley said. “Tickets can be lost, and without a ticket, there is no money.”

Additionally, it’s typically advised that you sign the ticket’s back to confirm that it belongs to you. However, it’s important to make sure you are aware of the procedures for doing so in the state where the ticket was purchased.

3. Tell as few individuals as you can

Although you might want to spread the word about your luck, experts advise against it. This entails possibly only alerting close family members or a reliable friend.

According to Bradley, you should only confide in those who will support you in keeping an eye on yourself.