Mega Millions rises to estimated 0 million – NBC Los Angeles

Mega Millions rises to estimated $740 million – NBC Los Angeles

California

An estimated $740 million Mega Millions jackpot is up for grabs Friday night after no one won the big prize on Tuesday’s drawing.

Friday’s jackpot has a lump-sum cash option estimated at $366.3 million.

Here are Tuesday’s winning numbers: 12, 41, 43, 52, 55, 9 and a Megaplier of 4x. Tuesday’s jackpot was the seventh-highest lottery jackpot ever.

The ticket for the largest Mega Millions jackpot ever, worth $1.58 billion, was sold on Aug. 8, 2023, in Florida

Lottery jackpots grow so large because the odds of winning are so small. For Mega Millions, players have a 1 in 302.6 million chance of taking home the top prize. 

And, lottery winnings do not come without taxes. There’s a mandatory 24% federal withholding for winnings above $5,000 that goes straight to the IRS; some states tax lottery winnings as well.

“The lesson didn’t really go according to plan.” Math professor Nicholas Kapoor bought a Powerball ticket to demonstrate how improbable it is to win the lottery – and then he won $100,000. Here’s what he wants you to know about playing the Powerball.

Read original source here.

Products You May Like

Articles You May Like

American Horror Remakes to Stream After Seeing Speak No Evil
Which Season of ‘The Bear’ Is Nominated at the 2024 Emmys?
Xiaomi 14T Series Global Launch to Take Place on September 26; Design Leaked in Alleged Hands-on Video
Federal Reserve unveils new banking regulation in Wall Street victory
‘The Debut Album We Always Dreamed Of’