About Mega Millions|Find the anwers, about your Mega Millions questions.
Mar
08
Filed Under (Gambling) by admin
kingcq45 asked:
If you won the second prize of $250,000 on mega millions (you got 4/5 balls + mega ball), will they make you choose the cash or annuity, or will they automatically make the check for the cash option.
Juanita
If you won the second prize of $250,000 on mega millions (you got 4/5 balls + mega ball), will they make you choose the cash or annuity, or will they automatically make the check for the cash option.
Juanita
Jan
06
Person asked:
The odds of winning the mega millions jackpot are 1 in 176 million and tickets are one dollar, so how high would the advertised jackpot have to be to get more than $176,000,000 via the cash option and after taxes (assuming 6% state income tax and not sharing the jackpot with someone else?).
The odds of winning the mega millions jackpot are 1 in 176 million and tickets are one dollar, so how high would the advertised jackpot have to be to get more than $176,000,000 via the cash option and after taxes (assuming 6% state income tax and not sharing the jackpot with someone else?).
I know they automatically withold 29% or something for federal taxes, but I hear it never ends up being enough and you have to pay more.
Lauren
