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	<title>About Mega Millions &#187; Cash Option</title>
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	<description>Find the anwers, about your Mega Millions questions.</description>
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		<title>Mega Millions Cash or Annuity?</title>
		<link>http://about-mega-millions.com/mega-millions-cash-or-annuity</link>
		<comments>http://about-mega-millions.com/mega-millions-cash-or-annuity#comments</comments>
		<pubDate>Sun, 08 Mar 2009 07:59:09 +0000</pubDate>
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				<category><![CDATA[Gambling]]></category>
		<category><![CDATA[Annuity]]></category>
		<category><![CDATA[Balls]]></category>
		<category><![CDATA[Cash Option]]></category>

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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
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<div><em><strong>kingcq45</strong> asked: </em><br/><br/><br/>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.<br/><br/><a href=''>Juanita</a></div>
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		<title>How high does the Mega Millions jackpot have to be before it becomes statistically profitable to buy a ticket?</title>
		<link>http://about-mega-millions.com/how-high-does-the-mega-millions-jackpot-have-to-be-before-it-becomes-statistically-profitable-to-buy-a-ticket</link>
		<comments>http://about-mega-millions.com/how-high-does-the-mega-millions-jackpot-have-to-be-before-it-becomes-statistically-profitable-to-buy-a-ticket#comments</comments>
		<pubDate>Tue, 06 Jan 2009 17:48:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Gambling]]></category>
		<category><![CDATA[Cash Option]]></category>
		<category><![CDATA[Odds]]></category>
		<category><![CDATA[State Income Tax]]></category>

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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?).
I [...]]]></description>
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<div><em><strong>Person</strong> asked: </em><br/><br/><br/>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?).</p>
<p>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.<br/><br/><a href=''>Lauren</a></div>
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