500 million lottery. KTVO spoke with some people in Ottumwa about what they would do if they won the lottery. Oct 1, 2025 · The Mega Millions jackpot prize is now third lottery prize this year to breach the $500 million mark. ET. No tax to pay and the lump sum is also the full 500 mil winnings. Mar 30, 2025 · A lucky person in California won the Powerball jackpot in Saturday's drawing, which was worth over $500 million. 11 Powerball drawing, the jackpot has risen to half a billion dollars. Five white balls are drawn from a set of balls numbered 1 through 70; one gold Mega Ball is drawn from a set of balls numbered 1 through 24. 4 days ago · Home of Mega Millions and Powerball USA multi-state lottery games, with the latest lottery results (winning numbers), jackpot anaylsis, daily lottery news, past drawing history, statistics, how to play, and ways to win. Some states allow selling the annuity for a discounted lump sum if preferences change. Aug 11, 2025 · Monday night’s Powerball jackpot is up to an estimated $501 million, and we are knocking on the door of history here. Whether it’s $14 million, $100 thousand, $100 or less, there are over 350,000 winners every day! Here are our latest big winners. Virgin Islands jurisdictions. Jan 31, 2025 · If you want to avoid surprises, use this tax calculator and find out how much you will owe in taxes on your lottery winnings. The lottery said all tickets for the New Year's Day raffle sold in just 14 days, the fastest it has sold out in the game's history, beating last year's record by a single day. C. Oct 29, 2025 · Here are the Tuesday, Oct. 00 Million* Cash Option $198. You win if the numbers on one row of your ticket match the numbers of the balls drawn on that date. Enter your jackpot amount, payout duration, interest rate, and tax rate to receive a detailed breakdown of your annual payouts, estimated taxes, net payouts, and accumulated wealth over time. What to know about the next drawing. 28, Mega Millions winning numbers: 2, 19, 33, 53 and 61. This year, winners landed jackpots totaling $2 billion Oct 27, 2025 · After the $680 million Mega Millions went unclaimed last week, the jackpot has now surged to $714 million, making it the ninth largest in the game's history. 4 million cash value) for the next drawing on Saturday, Sept. 1 billion for shareholder returns, while simultaneously securing the 9-year Italian Lotto license Jan 10, 2024 · The Raleigh-area man hopes to grow his business after his big North Carolina lottery win, officials said. The gold Mega ball is 14. We have both annuity and lump sum payouts calculated along with an annual breakdown of taxes by state and more. Use our Mega Millions payout calculator and tax calculator to calculate both annual and lump-sum payouts after federal and state tax deductions. Mega Millions is the only lottery game that has produced six jackpots greater than $1 billion. Education Lottery A North Carolina truck driver won $500 the first time he played a Mega Millions ® drawings are held Tuesday and Friday at 11:00 pm ET. You win $500 Million after taxes in the Powerball Lottery! How do you decide how much to give to each close friend or relative? Dec 2, 2024 · The next Mega Millions drawing has a jackpot of more than $500 million, with a lump-sum payment of more than $250 million. Check winning numbers, find where to play, and learn about the Lottery’s contributions to education. 00 Million* Next Draw: TONIGHT 1 day ago · A Daily Million Plus player in Kilkenny has nabbed the top prize of €500,000 in last night’s 9pm draw (Monday, 3 November). Plus, you can check out the history of the winning numbers to make better decisions in the next drawing. There are nine ways to win a prize, from $10 to the jackpot. Overall odds of winning any prize in Millions Club are 1 in 3. There hasn't been a jackpot this big in about a year. 4 days ago · USA Lottery Results & Latest Winning Numbers Stay updated with the latest winning numbers in Powerball and Mega Millions. 0 billion for debt reduction and authorized $1. Aug 9, 2023 · The odds of winning the Mega Millions lottery are effectively zero, but here's how I'm investing my fortune should I hit the jackpot. 1 million-to-1 odds. Mar 27, 2025 · The Powerball jackpot climbed to $515 million—the biggest lottery prize of the year so far—after no tickets matched the numbers drawn on Wednesday night, although the eventual winner is likely May 29, 2024 · The Mega Millions jackpot prize has crossed the $500 million mark for the second time this year. Aug 2, 2024 · While the Mega Millions is doing most of the heavy lifting to get their combined total past $500 million, the Powerball jackpot for the Saturday, August 3, drawing is still an estimated $171 million, with a cash value of $81. Jackpot $419. What is the Mega Millions payout? Mega Millions payout refers to the payment from winning the Mega Millions lottery jackpot. The jackpot, which grew from $450 million earlier 3 days ago · Winners Happen Every Day. You can also calculate your odds of winning Mega Millions and Powerball! Jun 6, 2024 · The MarketBeat Lottery Annuity Calculator helps you analyze the value of your lottery winnings. Winners updated weekly. annuity calculator), you can estimate how much money you will receive and compare the Powerball lump sum vs. Prize value listed as won may not reflect actual net claims payment amount in photo due to combined prize claim amounts and other adjustments. So, you’ve just won a jackpot, and you’re over the moon. Oct 15, 2025 · Lottery winners have two payout options: a lump sum or an annuity. No tickets were sold matching Saturday’s numbers (7, 14, 23, 24, 60, and Powerball Sep 7, 2023 · The jackpot has grown to an estimated $500 million ($242. 4 million. Here's what five experts, including Kevin O'Leary, Suze Orman and Mark Cuban, say to do if In the UK, if you were to win £500 million, you would actually receive 500 million. 07. Sep 3, 2025 · Calculate lottery taxes for California in 2025. 1 billion sale of its Gaming & Digital business, Brightstar Lottery completed its transformation into a pure-play global lottery operator and executed a major capital return and investment plan. 2 days ago · Best lottery tax calculator to calculate your net winnings after federal and state taxes are deducted. The lottery annuity calculator helps you estimate the yearly annuity payouts and any applied taxes for a given lottery jackpot. We would like to show you a description here but the site won’t allow us. The jackpot, which grew from $450 million earlier Oct 22, 2025 · Recent winners with prize values of $5,000 and up. To use the calculator, select your filing status and state. Jun 28, 2024 · Estimate your tax on lottery winnings with our Lottery Tax Calculator. Know how lottery winnings are taxed? What is the tax rate for lottery? And more at TaxAct. Jul 12, 2023 · The Mega Millions jackpot has ballooned to $500 million after there were no matchings winners for the previous three months. The probability of matching all the numbers remains the same, no matter how large the jackpot. California Lottery’s Scratchers games let you win instantly! See all the games and top remaining prizes. The results are in for the ninth-largest jackpot ever in the Mega Millions lottery game. How does Mega Millions payout? Winners of the lottery can choose to collect their Mega Millions payout amount at once as a lump-sum cash payout or in annual payments as an increasing annuity payout over 30 years. It often climbs into the hundreds of millions of dollars and has even reached $1 billion a number of times. May 14, 2024 · A Mega Millions winner who took home $500 million after taxes has been accused of deceiving his family about his intentions to share the money with them, according to reports. Did you win a prize in the Powerball lottery? With the Powerball calculator (which is actually a Powerball payout calculator or a lottery lump sum vs. Feb 17, 2024 · Topline The Mega Millions jackpot inched up to nearly $500 million Saturday morning after no winning tickets were drawn on Friday, though a lucky winner would take home less than a third of that 5 days ago · Mega Millions is one of America's two big jackpot games, and the only one with Match 5 prizes up to $5 million (with the optional Megaplier). 36** (see back of ticket for complete odds disclaimer). Sep 5, 2025 · Many people are curious about how much money a Powerball® jackpot lottery winner takes home after taxes, especially with recent record-high jackpot amounts. The cash option is now $251 million. Input your total winnings, lump-sum or annuity option, and state tax rate to determine your net winnings after taxes. A ticket sold in . The next drawing is set for Wednesday at 10:59 p. Mar 25, 2025 · The biggest lottery prize of the year so far has been a $328. The Mega Millions lottery jackpot was an estimated $680 million with a cash option of Oct 27, 2025 · Lottery drawing results for the Florida Lottery $500 Raffle game, drawn on Monday, October 27, 2025. Each ticket for the Jan. Feb 11, 2015 · The Powerball Jackpot is now at $500 million for Wednesday's drawing. California has NO state tax on lottery winnings - only 24% federal withholding applies. Use our free Lottery Odds Calculator to see your chances of winning Mega Millions, Powerball, and more. * The number of actual prizes available in a game may vary based on the number of tickets manufactured, testing, distribution, sales and number of prizes claimed. Jul 12, 2023 · Splitting $500 million with three people results in more money than winning $20 million by yourself. Nov 27, 2024 · The Mega Millions jackpot drawing has now reached an estimated $514 million ahead of Thanksgiving. Congratulations! But, now comes the hard part — what to do with the money? Where to deposit it? Best online Lottery Payout Calculator - calculates the lump sum payout and annuity payout after federal tax and state tax deduction of lottery winnings like mega millions and Powerball in each state. 2K comments. Know how much you'll take home before claiming your prize. Mar 28, 2012 · The new jackpot for Friday, March 30, 2012 — $476 million $500 million — has officially broken the record for the largest lottery jackpot ever offered worldwide. Nov 28, 2012 · What would you do if you won the $550 million Powerball jackpot? How would you invest your lottery winnings? TheStreet's contributors offer ideas. Of greater concern is the possibility, albeit small, of actually winning the jackpot. Dec 12, 2023 · After there were no winners from the Monday, Dec. There is a minimum jackpot of $50 million, and it grows each time it is not won. The jackpot has been rolling since it was last won at $348 million in Virginia on June 27. Powerball drawing While the Mega Millions is doing most of the heavy lifting to get their combined total past $500 million, the Powerball jackpot for the Saturday, August 3, drawing is still an estimated $171 million, with a cash value of $81. Jun 20, 2022 · Not all banks are created equal. Purchase location shown where applicable. Use the lottery tax calculator to estimate the tax amount deducted from a lottery prize, received as either a lump sum or through annuity payments. And who knows? You could be next on this list. 1 day ago · Mega Millions Mega Millions is an exciting multi-state lottery played every Tuesday and Friday evening across 45 states, plus the District of Columbia and U. 21 (UPI) -- After a record-setting 2023, Mega Millions posted its first jackpot that topped $500 million this week after no one won the jackpot Tuesday's drawing. Find out how much you'll take home after taxes for your lottery prize grand prize. Jan 17, 2025 · Luckiest lottery number revealed as jackpot tops $500 million The luckiest number in one of the world’s biggest lotteries has been revealed as its prize jackpots to more than half a billion dollars. Feb 1, 2025 · The largest lottery prize in U. Mega Millions is the only lottery game that has produced seven jackpot wins exceeding $1 billion each – all in different states. 08 billion. Mega Millions lottery Calculate the payment schedule for the current Mega Millions jackpot by using out Annuity Payment Schedule tool. All were won in different states – South Carolina was the first in 2018, followed by Michigan in 2021, Illinois in 2022, Maine in early 2023, Florida last August and New Jersey in March. If someone matches all six balls in Wednesday night Jun 7, 2019 · The Mega Millions jackpot is now worth $530 million, making it the seventh-largest in the game's history. Apr 4, 2024 · Calculate your Powerball jackpot take-home payout after IRS federal and state taxes are withheld. Sep 19, 2024 · Easily calculate taxes on lottery winnings by each state plus the payouts for both cash & annuity options using our lottery calculators. And learn about your 2nd Chance to win big. Calculate jackpot odds instantly and compare lottery games. S. New comments cannot be posted and votes cannot be cast. N. Nov 24, 2024 · CLEVELAND, Ohio — The Tuesday, Nov. 2 million. Reply reply Sarobot • Jul 12, 2023 · Topline Lottery players are in luck this week, with both major multi-state jackpots surpassing the $500 million threshold together for the first time in two-and-a-half years, after the Mega Nov 27, 2024 · With no jackpot winner in Tuesday's Mega Millions lottery drawing, the grand prize has climbed to $514 million for Friday's drawing. Check out Lottery Critic's very own Powerball Payout and Tax Calculator. Taxes for Lottery Pools If you win a large prize as part of a lottery pool, you are still required to pay taxes on your winnings. Here are a list of tips on how to handle all that cash if it ever comes your way. You can find out tax payments for both annuity and cash lump sum options. Works worldwide. Jul 29, 2016 · $536 Million Jackpot Finally Claimed by Indiana Couple who Forgot They Bought Tickets The couple who won the Mega Millions jackpot had forgotten they bought tickets. Mega Millions is just around $500m. Use our Lottery Tax Calculator to estimate how much you will owe in federal and state taxes on your lottery winnings. 5 million Powerball jackpot won by a ticket buyer from Oregon. 572 votes, 1. annuity payouts to make the best financial decision on your winnings. 1 day ago · The odds of winning any Mega Millions Lottery prize are 1 in 23. See real time lottery results. Get instant tax estimates for Powerball, Mega Millions, and all lottery games. South Carolina was the first in 2018, followed by Michigan in 2021, Illinois in 2022, Maine and Florida in 2023, and New Jersey and California in 2024. 9. Nov 27, 2024 · For the fourth time this year, the Mega Millions jackpot may top the half-billion mark after no one won the $489 million prize Tuesday. if you won $500 million dollars from the lottery, how would you put that in the bank? Archived post. Jan 6, 2016 · Players will have a chance Wednesday night at an estimated $500 million Powerball jackpot, making it the biggest lottery prize in nearly a year. Lottery Tax Calculator helps you determine what you owe in taxes. Sep 6, 2025 · Powerball Winners - Find out information on the biggest Powerball Winners, number of winners in each state and view a list of every Powerball jackpot won since 2003. Dec 13, 2023 · (NewsNation) — No one won the Powerball drawing Monday, meaning there’s still a chance to get the $500 million prize. history, more than $2 billion, was won by a single person in California who defied 292. Below, we explore common questions and answers about making the most of your lottery windfall. 1 draw costs $10, with two top prizes of $1 million available. Aug 2, 2024 · The odds of winning a Mega Millions jackpot are 1 in 302 million. As a lottery winner, you’ll have to decide which bank deserves your business. "I'd probably buy myself a 2015 car, and I'd buy my parents a new house, I'd buy myself Feb 21, 2024 · Feb. The official website of the Florida Lottery. 1 day ago · Following the strategic $4. Know if your ticket is a winner, minutes after the drawing. No need for shady companies to take over your monthly installments. Being aware of these rules before you make a prize claim can protect you from the shock of seeing millions of dollars slashed from your prize money. Oct 14, 2022 · Mega Millions jackpot is nearly $500 million—here's how much you'd need to quit your job and retire early Published Fri, Oct 14 20221:26 PM EDT Updated Fri, Oct 14 20224:55 PM EDT Tom Huddleston Jr. Mar 24, 2025 · Since there was no grand prize winner from Saturday's drawing, the jackpot for Monday rose to $461 million with a cash value of $217. Aug 29, 2025 · Our Mega Millions payout calculator and tax calculator can help you to know how much you will eventually get after tax deductions. If no one wins the When you hit the lottery jackpot you have the option to choose the cash value (also known as lump sum) - grabbing a single big prize, or you can go with the annuity option - receiving smaller, continuously incrementing payments throughout the next couple of years. Jun 27, 2025 · CLEVELAND, Ohio — The Friday, June 27, 2025, Mega Millions jackpot is an estimated $348 million, the top lottery prize in this weekend’s drawings. Aug 10, 2025 · Winners can choose between receiving $501 million in annualized installments, or a lump sum of $229. 26, 2024, Mega Millions jackpot is an estimated $489 million after no tickets matched the winning numbers from Friday’s drawing. It's exciting because every prize you win will be multiplied! Discover all aspects of the game including the latest Mega Millions winning numbers, prizes, payouts, how to play, the biggest jackpot winners NEXT DRAW: 10/28/2025 View Past Results View Details MONDAY'S JACKPOT: $358 Million 6 days ago · ) There are approximately 4,135,520* tickets in Millions Club. 2 days ago · Here's how much taxes you will owe if you win the current Powerball jackpot. The company deployed $2. If someone wins this drawing — it will be the 31st since the last time a winner was crowned — it will be the 35th largest jackpot in American lottery history. Taking a lump sum means you will receive 40% to 50% of the jackpot for immediate use or investment. 5 million. Here are the best banks that can handle your money. 1 day ago · The Minnesota Lottery's Millionaire Raffle has sold out already. The Powerball jackpot was last hit in the July 19 drawing, when a single ticket in California matched all five white balls and the red Powerball to win a grand prize worth $1. The only way to improve your chances is to Nov 27, 2024 · For the fourth time this year, the Mega Millions jackpot may top the half-billion mark after no one won the $489 million prize Tuesday. 3 days ago · Winners Happen Every Day. Dec 30, 2021 · Powerball's top prize jumps to $500 million for the first drawing of 2022. But how do you know how much money you'll get each year? Estimate your lottery winnings with our handy lottery tax calculator! Find out how much you'll take home after taxes. What would be the best way to make sure you never go broke with that kind of money? Dec 28, 2024 · There are so many things to do if you ever win the Mega Millions jackpot. Dec 13, 2023 · Two months since the last Powerball jackpot was hit, the grand prize has reached an estimated $500 Million ahead of Wednesday's lottery drawing. m. The calculator will display the taxes owed and the net jackpot (what you take home after taxes). Lottery winners who opt for an annuity receive annual payments (and more money) over time. nkcy xbhbsxt oikzqu hnz5y ofr1y hovmqay qkgc 0n c3rtax 3ggy8l