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In terms of the taxes that a player owes soon after winning their prize, all Mega Millions awards are subject to earnings taxes. Notably, the Maine State Lottery withholds federal and state taxes at 24% and 7.15% respectively on prizes greater than $five,000. IRS kind W-2G is also mailed to winners in January for any claimed awards of $600 or a lot more. The most current Mega Millions jackpot win is the second-highest in the history of the lottery game, clocking in at a whopping $1.348 billion with a money alternative of $723.five million. The award, which was won from a ticket purchased at a gas station in Lebanon Maine, also marks the 1st time the leading prize has ever been won in the Pine Tree State. Most jackpot recipients choose the reduced but faster cash solution, which for Friday night’s drawing was an estimated $724.6m.


WKYC would like to send you push notifications about the latest news and weather. KING would like to send you push notifications about the newest news and weather. Odds of winning the Powerball jackpot are slim — 1 in 292.2 million. The historic $1.9 billion Powerball drawing has been delayed due to technical troubles.

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The app operates smoothly and allows customers to play their preferred games and withdraw their winnings on-the-go. According to Powerball, the overall odds of winning a prize are 1 in 24.87, primarily based on a $two play and rounded to two decimal locations. The odds of winning the Powerball Grand Prize are 1 in 292,201,338. The odds for the lowest prize, $4 for a single red Powerball, are 1 in 38.32. All prizes are set cash amounts, except for the Grand Prize. In California, prize payout amounts are pari-mutuel, meaning it's determined by the sales and the quantity of winners.


Most winners opt for the money selection, which for Friday night’s drawing was an estimated $747.2 million. “A lucky ticket-holder in Illinois will be celebrating summer as the most up-to-date winner of a billion-dollar lottery jackpot,” the site for the draw stated. “One ticket matched all six numbers in the July 29 drawing – the white balls 13, 36, 45, 57 and 67, plus the gold Mega Ball 14 – to win the prize of $1.337 billion ($780.five million money).

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If you would like much more facts on how to play the game, please go to the Powerball Facts page. Powerball is played in 45 states, as nicely as in Washington, D.C., Puerto Rico and the U.S. Players also choose the Powerball - their sixth number - from one to 26, rather of the previous a single to 35. According to officials with the Multi-State Lottery Association, we might under no circumstances know which state has brought on the delay. The video in the player above is from a prior report.


Look at and fill out the bottom of the playslip to play for Just the Jackpot. Most states provide the Megaplier function, which increases non-jackpot prizes by two, three, 4 and 5 instances. Even if you could get all 303 million tickets bought, you could nevertheless come out a loser if there is even one particular added winner. If your ticket matches any of the numbers, hang onto your ticket and sign it.

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In addition to a jackpot winner, there had been much more than 7 million winning tickets sold across the lottery game's other prize tiers. Nationwide, 14 tickets matched all 5 white balls to win $1 million each and every, Mega Millions stated. The total prize is for winners who pick the annuity solution, paid annually over 29 years. Most winners opt for the cash selection, which for Friday night’s drawing was an estimated $780.5 million. Grand prize winners typically take the cash choice, which for Tuesday night's drawing will be an estimated $568.7 million. The $1.28 billion prize is for winners who decide on the annuity option, paid annually over 29 years.


So without the need of additional ado, here are the most significant of the major Mega Millions prizes. As the Mega Millions jackpot continues to climb, we wanted to tell you about the largest Mega Millions prizes in the history of the game. Friday's prize is the seventh Mega Millions jackpot that has been won on a Friday the 13th more than the years, according to the lottery game. 4 of the winning Match-5 tickets had been sold in New York and two had been sold in California.


Every single Powerball line charges $2, but the total cost of your ticket will rely on how several games you play, how quite a few consecutive draws you enter and whether or not you have added the Energy Play option. Give your completed playslip and payment to the retailer. You will obtain a printed ticket Find out more with your numbers, draw date, and indication of any chosen add-on options (Energy Play and/or Double Play).