Gross Lump Sum: $413.5
Federal Tax (37%): 260.5M (-$153.0M)
State Tax (8.82%): 224.0M (-$36.5M)
Local Tax (3.88%): 208.0M (-$16.0M)
Final Net Estimated Lump Sum:
$208,007,040
Gross Annuity Payment: $875.0M ÷ 26 = $33.7M
Federal Tax (37%): 21.2M (-$12.5M)
State Tax (8.82%): 18.2M (-$3.0M)
Local Tax (3.88%): 16.9M (-$1.3M)
Final Net Estimated Annuity: $16,929,231
Gross Lump Sum: $327.3
Federal Tax (37%): 206.2M (-$121.1M)
State Tax (8.82%): 177.3M (-$28.9M)
Local Tax (3.88%): 164.6M (-$12.7M)
Final Net Estimated Lump Sum:
$164,644,992
Gross Annuity Payment: $687.0M ÷ 29 = $23.7M
Federal Tax (37%): 14.9M (-$8.8M)
State Tax (8.82%): 12.8M (-$2.1M)
Local Tax (3.88%): 11.9M (-$0.9M)
Final Net Estimated Annuity: $11,916,844
Like you, we love to dream about winning the lottery. So we're tracking the latest results for a couple of national lottery games and providing at-a-glance net estimates for what the jackpot would actually be in your bank account. Pick your state and locality to get customized estimates.
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#megamillions Mega Millions jackpot soars to $548 million! 10/09/2018
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