Gross Lump Sum: $140.1
Federal Tax (37%): 88.3M (-$51.8M)
State Tax (8.82%): 75.9M (-$12.4M)
Local Tax (3.88%): 70.5M (-$5.4M)
Final Net Estimated Lump Sum:
$70,475,904
Gross Annuity Payment: $306.0M ÷ 26 = $11.8M
Federal Tax (37%): 7.4M (-$4.4M)
State Tax (8.82%): 6.4M (-$1.0M)
Local Tax (3.88%): 5.9M (-$0.5M)
Final Net Estimated Annuity: $5,920,394
Gross Lump Sum: $9.3
Federal Tax (37%): 5.9M (-$3.4M)
State Tax (8.82%): 5.0M (-$0.8M)
Local Tax (3.88%): 4.7M (-$0.4M)
Final Net Estimated Lump Sum:
$4,678,272
Gross Annuity Payment: $20.0M ÷ 29 = $0.7M
Federal Tax (37%): 0.4M (-$0.3M)
State Tax (8.82%): 0.4M (-$0.1M)
Local Tax (3.88%): 0.3M (-$0.0M)
Final Net Estimated Annuity: $346,924
Like you, we love to dream about winning the lottery. So we're tracking the latest results for a couple of national lottery games and providing at-a-glance net estimates for what the jackpot would actually be in your bank account. Pick your state and locality to get customized estimates.
#megamillions $4 Million Won in Indiana and New Mexico; Jackpot to $284 million 12/14/2018
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#megamillions Record Mega Millions Jackpot Won in South Carolina 10/23/2018
#megamillions Mega Millions Jackpot Skyrockets to All-Time World Record: $1.6 Billion 10/19/2018
#megamillions Up Next: A Whopping $868 Million Mega Millions Jackpot! 10/16/2018
#megamillions Mega Millions Jackpot Jumps to New Record $667 Million 10/15/2018
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#megamillions Mega Millions jackpot gets to record territory! 10/12/2018
#megamillions Mega Millions jackpot soars to $548 million! 10/09/2018
#megamillions October heats up as the Mega Millions jackpot grows! 10/05/2018