A huge chunk of lottery winnings are subjected to large federal tax withholdings and, in some cases, state and city taxes, too.
Key Facts
If the winner opts for an immediate cash lump sum–the most popular option among lottery winners–they’ll take homeThey also have the option to take the full $1.28 billion prize before taxes paid out over 29 years with 30 annual payments of $42.6 million, on average. Federal lottery withholdings and additional taxes at a higher bracket would leave the winner with $470.7 million if they choose the cash prize, and $26.9 million a year if they take the annual payments.This Mega Millions round marks the third time the lottery’s jackpot has exceeded $1 billion. The lottery’s largest jackpot in history was $1.54 billion in 2018, and was awarded to an anonymous resident of South Carolina.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
How ‘The One’ Was Won: The Saga Behind What Could Have Been America’s Priciest HomeIt's a story that has captivated Los Angeles real-estate observers for a decade: 'The One' was supposed to become America's priciest home, but instead left a trail of debt in its wake.
続きを読む »
Beloved bookstore Eso Won will close by year's endEso Won Books is an independent, Black-owned bookstore - one of very few in the country. The South LA landmark will be closing its doors by the end of this year.
続きを読む »
One ticket in Illinois won the second-largest Mega Millions jackpot of an estimated $1.28 billionThe chase for the second-largest Mega Millions jackpot is over -- because a single ticket has claimed the whole estimated $1.28 billion.
続きを読む »
Starbucks union workers: Concessions won following store closures, negotiationsAccording to a release from the union, the workers from the Olive Way and 5th Street locations are being relocated to a nearby store by Aug. 1, which will ensure there are no gaps in their schedules.
続きを読む »
How many Mega Millions jackpots have been won in Ohio? Here's a list of regional winners.The first Mega Millions drawing in Ohio occurred on May 17, 2002. Here's a look at all the past winners from the state.
続きを読む »