| Advertisement | | | The Mega Millions jackpot is now $1.15 billion, the fifth-largest prize in game history. | The amount you receive could be less, depending on the payout you choose and your federal and state tax obligations. | Lottery winnings are subject to federal taxation. Although an automatic withholding of 24% is made upfront, you will likely owe 37% in total when you file your tax return for 2024, since winning a million dollars would place you in the highest tax bracket… | Read More Here | | | |
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