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LMAO! Powerball and Mega Millions currently have MEGA JACKPOTS TOGETHER! :D
So, Mega Millions has a Jackpot of like 700 million and Powerball has a Jackpot of like 640 million. For $4, it's possible to win over a BILLION dollars before taxes! :D After taxes, it will be almost a billion! :D
Jan 15, 2021, 7:26 am - Karen Nathan - Jackpot Games Forum

Given the changes: Do you see either jackpot breaking the $200million ceiling?
The current cash values are 80% to advertised jackpot. So you'll have a lot more than $9M after taxes from $30M dollar jackpot. Personally I'd like to clear $100M after taxes. Could I survive off less? You bet. $100M sounds like an amount that you are set for life.
Apr 15, 2020, 8:03 pm - MsBee18 - Jackpot Games Forum

if you win this big jackpot
Cash! Taxes are low (you never know where taxes will be over the span of 29 years), and I can easily quadruple the money over the same span of time, while living off of the dividends.
Oct 18, 2018, 8:40 pm - lowellm - Jackpot Games Forum

If you win 1 million from PB or MM how much do you get?
You are not reading what anyone has been telling you. The lottery usually withholds 25% for fed taxes but you are responsible for paying the rest of the fed and state taxes.
Jun 24, 2018, 12:21 pm - Artist77 - Jackpot Games Forum

Powerball Jackpot Winner last night
KIR, that $27 Million figure might be off significantly as the unknown potential for future taxes over the 30 year annuity period of time not only at the state level but the federal level as well. If you are talking the lump sum cash value of $33 Million cash minus the mandatory withholding 25% of Fed taxes and LA. state taxes of 5% then you would be talking an early take home of $23 Million and change. You would still be on the hook for the remaining federal tax of 12% and 1% LA. State Income t
Mar 25, 2018, 11:02 am - CDanaT - Jackpot Games Forum

Mega Millions jackpot
Which wd mean over a $150 million bucks after federal taxes, but alas, not for you weshar. Oregon taxes are an additional 8%. That's too much!
Mar 21, 2018, 8:42 pm - Redd55 - Jackpot Games Forum

Lotto America
That jackpot was nothing to sneeze at, another TN winner. Not sure if it was statewide for the old Hot Lotto Sizzler but Idaho allowed the winner to take the WHOLE jackpot, Idaho paid all taxes. Not so with Lotto America, so if it was won at $22.8 the cash value was a whole lot less after taxes. It is bye bye for me on that game.
Mar 17, 2018, 1:50 pm - lejardin - Jackpot Games Forum

Which game will reach the billion-dollar jackpot?
Depending on what state you live in because of state taxes are different. I live in WV and if my math is close to being right just for the heck of it i tried to figure out what it would take for me to walk away after taxes with a billion dollars. the annuity would have to be almost 3 billion dollars and i would have to be the only person to hit the JP. Just thought i would post this since i am having a bit of insomnia tonight
Nov 26, 2017, 2:01 am - alexnt55 - Jackpot Games Forum

2 winner win 2 million each in Powerball last night
I know a guy that won 1 million. He said he got 700,000 after taxes. So that person win 2 million.. Do you think it will be more then 250k after taxes?
Nov 15, 2017, 3:58 pm - keepitreal - Jackpot Games Forum

PowerBall 3/17/2017
They will withhold 25% federal taxes but you will ultimately have to pay more. I prefer to multiply the cash pay out by 0.604 for the actual post federal taxes amount you will end up with.
Mar 5, 2017, 2:33 pm - Redd55 - Jackpot Games Forum