The Mega Millions jackpot has reached $1.22 billion. Experts say winners should generally take the money in annuities, but ...

Let's say you won $1 billion Mega Millions jackpot. Is it better to get a truckload of cash at your house now, or guaranteed payments for 30 years?

The Mega Millions jackpot winner could either take the cash payout of $549.7 million or the $1.22 billion annuity paid out over 30 years.

While an automatic 24% is withheld upfront, you would almost certainly owe a total of 37% when you file your 2024 tax return.

It now sits at an estimated $1.15 billion, with a cash option of $516.1 million, making it the fifth-largest Mega Millions ...

The winning numbers for January 7, 2025 are 20-24-33-39-48. Mega Ball 18. Megaplier 2x. This will be determined later. To ...

ATLANTA (AP) — At least one Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number ...

Mega Millions winning numbers are in for the Tuesday, Jan. 7 drawing with an estimated jackpot of $62 million ($27.7 million ...

The Mega Millions jackpot keeps going up. After no one won Tuesday night's drawing , the jackpot will be an estimated $1.15 billion for Friday night's drawing. The cash option for Friday's drawing is ...

No winners in Tuesday's Mega Millions means Friday's take-home jackpot in Oklahoma just got bigger. The next Mega Millions ...

The Mega Millions jackpot has surged by $72 million, reaching a staggering $1.22 billion for the Dec. 27 drawing.

However, that number must be the Mega Ball, worth $2. Mega Millions winners have the option of choosing a cash payout or an annuity option for their winnings. Prize claim rules are different depen ...