Our Mega Millions calculator takes into account the federal and state tax rates and calculates payouts for both lump-sum cash and annual payment options, so you can compare the two.

You'll also find a payout table for the annual payment option below for a more detailed breakdown. Just input the estimated jackpot amount, select your state, and our Mega Millions payout calculator will do all the rest.

After you are done, check out our guide on the best lottery prediction software for tools that will help increase your odds of winning - significantly.

As you might already know, when a player wins the Mega Millions jackpot, they'll have to choose between a single lump sum or 30 annual payments to claim their prize.

What our Mega Millions tax calculator provides is a quick overview of the gross and net after taxes winnings you'd receive for both options — allowing you to make a more informed decision when comparing the two.

Finally as an added feature, our tool also breaks down the annuity option into a handy payout schedule so you know how much annual payment you will receive per year.

Note: Payouts are approximations. For example, large charitable donations can be written off, meaning reduced tax liabilities.

Estimated Jackpot: The total payment a winner would receive should they choose the annuity option for any given drawing.

This number is based on the funds in the prize pool including all prior rollovers , expected ticket sales for the next drawing, and current market interest rates.

Annuity Payout or Annual Payment Option: Payment scheme wherein prizes are awarded starting with 1 immediate payment followed by 29 annual payments.

Federal Taxes: Income tax withheld by the US government, including income from lottery prize money.

State Taxes: Additional tax withheld, dependent on the state. Tax Liability: The taxes you will have to pay in order to receive your prize.

Read on for a brief history of this ever-popular game. Pick five numbers from 1 to 70 and a Mega Ball number from 1 to 25, or select Quick Pick.

Add the Megaplier option for a chance to multiply any non-jackpot winnings. A Megaplier number from 2 to 5 is drawn on the night of every Mega Millions draw.

Players who select the Megaplier option have their non-jackpot prizes multiplied by that number. All the states offer the Megaplier option except for California.

If you win a Mega Millions jackpot, you can choose to have it paid out across 29 years as an annuity or all at once. The cash lump sum is the money available for the jackpot that is generated from the sale of Mega Millions tickets.

The annuity option accounts for this amount as well as the extra cash generated by the investment made in government bonds over 29 years.

Mega Millions draws take place on Tuesdays and Fridays at p. ET, p. Register Sign In Checkout: 0 Item. Toggle navigation. Christmas Deals HOT!

Subscriptions Lotteries. Latest Results. Mega Millions. Quick Pick. Choose price per line. Monthly - Subscribe and Never Miss a Draw. Add To Cart.

MegaMillions Jackpot Analysis. Below is an analysis of the current MegaMillions jackpot, showing both the advertised Annuity and Lump Sum amounts and their ultimate worth after taking into account federal and state tax. Mega Millions. 11/ $,, Jackpot. Mega Millions. $,, 3 hours 10 mins. Time Left. >. New York Mega Millions Prize Amounts. Numbers Correct. Prize. 5 of 5 w/ Mega Ball. Jackpot. 5 of 5. $1,, 4 of 5 w/ Mega Ball. $10, (5 Numbers + Mega Ball) Megaplier: Jackpot: Friday, December 4, 03 · 19 · 24 · 44 · 50 + 3: $ Million: Tuesday, December 1, 07 · 33 · 53 · 61 · 65 + 2: $ Million: Friday, November 27, 04 · 10 · 27 · 35 · 58 + 2: $ Million: Tuesday, November 24, 09 · 15 · 34 · 61 · 64 + 2: $ Million. (2) In addition or alternatively, there is a subset of Mega Millions® Tickets known as “Just The Jackpot™” tickets which may be purchased for $ per two (2) plays for only the Grand/Jackpot Prize (which excludes all other prizes), or multiples thereof, in accordance with the rules of the Ohio lottery commission. Things to Know Mega Millions is played in 45 states in the U.S. as well as the District of Columbia and the U.S. Virgin Islands. It was introduced in as the Big Game and then relaunched in as The Big Game Mega Millions temporarily, before The largest Mega Millions jackpot ever won was. Mega Millions Jackpot. Check this page for the current Mega Millions jackpot information, including the Mega Millions jackpot amount and latest Mega Millions winning numbers. Do you have old tickets to check? View historical Mega Millions data, including past jackpots and winning numbers! 05/06/ · The next drawing is Friday, June 7 at 11 p.m. ET, so you have plenty of time to set up your next office pool or remember to swing by the gas station on your way home. Jackpot Erhöhung pro Ziehung. Gewinn im 2. Rang. Mega Millions ist eine US-amerikanische Multistaaten-Lotterie, die in insgesamt 44 Staaten der USA sowie in der Hauptstadt Washington und auf den amerikanischen Jungferninseln angeboten wird. Die Ziehungen finden immer dienstags und freitags. Spiele jetzt die US-Milliarden Lotterie MegaMillions online! Verdoppel den Jackpot oder nutze unseren Zahlenschutz um dir den vollen Jackpot zu sichern! Der bis zu 5-fache Betrag wird dann ausbezahlt. So bleiben am Ende noch Vpn Zenmate Milliarde und 40 Millionen übrig. Remis gegen Köln.