The Powerball and Mega Millions Lotteries - Are Both Over $400 Million
Both the Mega Millions and the Powerball Lotteries, are now over $400 Million…
The Mega Millions – is Tonight (9/17/21) … and is $405 Million
If you chose the cash value option, you'd pay roughly 37% in various federal taxes reducing your jackpot to $185,275,928,approximately.
If you chose the annuity, you would receive 30 average annual payments of $13,500,000, before taxes, or $8,540,928 after taxes, though because the Mega Millions lottery jackpot is awarded according to an annually-increasing rate schedule, early years include smaller payments while the final years include much larger payments.
The Powerball – is Tomorrow Night (9/18/21) and it is $457 Million
If you chose the cash value option, you'd pay roughly 37% in various federal taxes reducing your jackpot to $208,943,928, approximately.
If you chose the annuity, you would receive 30 average annual payments of $15,233,333, before taxes, or $9,632,928 after taxes, though because the Powerball lottery jackpot is awarded according to an annually-increasing rate schedule, early years include smaller payments while the final years include much larger payments.
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