About Mega Millions » Lump Sum

If you win the mega millions, how much do you actually receive?

admin — Sun, 08 Feb 2009 23:09:02 +0000

luc asked:

I’m asking about the jackpot if you take the Lump-Sum amount. So I know you lose some money for taking the lump-sum deal and you lose money to taxes. How much do you end up with if you win the jackpot amount of $12 Million, $50 Million, $100 Million?

Michele

What percentage gets deducted from mega millions lottery winnings?

admin — Thu, 25 Dec 2008 19:30:24 +0000

Wheezy asked:

What percentage would get taken out if I was to take the lump sum, or if I were to get it over a period of time? Also is it a 20 year period that you would get the money over?
in the state of michigan.

Sylvia

If I would win a $200,000,000 Mega Millions Lottery in New York, How much money would I end up with?

admin — Mon, 17 Nov 2008 01:36:37 +0000

Mizzle asked:

I want to know 2 things:

1. If I Choose Lump Sum how much money will I get right away?

2. If I choose Annual Payments how much money would I end up with after 20 years?

Peter

California Mega Millions lottery question?

admin — Thu, 09 Oct 2008 03:20:20 +0000

boozerloser82 asked:

I know if you fill out a slip, you can select lump sum, or annuity payments. On a quick pick (without filling out a slip first), it says nothing on the ticket about either one. If you hit the jackpot, do you have the option between the two when you turn your ticket in, or do you automatically get lump sum, unless you specify before you bought the ticket? I don’t know about other states, this is just for California.

Ida