Mega Millions after taxes: How much the winner could actually take home in Texas

Brasil Notícia Notícia

Mega Millions after taxes: How much the winner could actually take home in Texas
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 FOX4
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

What better way to ring in the new year than winning $640 million! We take a look at how much a MegaMillions winner in Texas would have to pay in taxes.

If you beat the odds and match all six numbers, it doesn't mean all of that money will go right into your bank account.If there is a single winner of the $640 million jackpot, those who pick the cash option will receive an estimated $328.3 million.

Then there are the taxes. The IRS immediately takes 24% of all lottery winnings over $5,000, dropping the total to approximately $249,508,000 for a winner choosing the lump sum. Texas is one of 10 states that does not tax lottery winnings at the state level.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

FOX4 /  🏆 289. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Mega Millions jackpot climbs to $640 million on Friday, after no tickets matched Tuesday's numbersMega Millions jackpot climbs to $640 million on Friday, after no tickets matched Tuesday's numbersThe Mega Millions jackpot for Friday is expected to climb to $640 million, after no ticket matched all six winning numbers in Tuesday's drawing, the lottery said.
Consulte Mais informação »

Mega Millions jackpot up to $640 million after no big winnerMega Millions jackpot up to $640 million after no big winnerNo one won the lottery game’s top prize Tuesday night, making it 21 straight drawings without anyone matching all six numbers.
Consulte Mais informação »

Mega Millions jackpot up to $640 million after no big winnerMega Millions jackpot up to $640 million after no big winnerNo one won the lottery game’s top prize Tuesday night, making it 21 straight drawings without anyone matching all six numbers.
Consulte Mais informação »

Mega Millions jackpot for Friday rises to $640 million with no big Tuesday winnerMega Millions jackpot for Friday rises to $640 million with no big Tuesday winnerFriday's lottery jackpot drawing of an estimated $640 million with a cash option of $328.3 million will be the sixth largest Mega Millions ever.
Consulte Mais informação »

Mega Millions jackpot soars to $640 million ahead of final 2022 drawingMega Millions jackpot soars to $640 million ahead of final 2022 drawing“And could provide someone with a very happy New Year’s celebration,” the lottery said of Friday’s drawing.
Consulte Mais informação »

Mega Millions reward increases to $640 million after no winner declared TuesdayMega Millions reward increases to $640 million after no winner declared TuesdayWhoever wins the next Mega Millions drawing could be in for a great start to the New Year. The reward for the lucky number is now north of $600 million.
Consulte Mais informação »



Render Time: 2025-02-27 13:04:55