By Tuesday night, tickets in California were selling at the rate of 200 a second.
The last time there was a Mega Millions winner was July 24, when an office pool of 11 people in California divided the 543 million prize.
Nearly all winners opt for cash, but the annuity has advantages, as it reduces the tax bill a little and offers a stable flow of income that climbs by 5 percent annually.
Quick Pick wagers will be printed with the same numbers as the original wager.
While the lump sum might seem the better option to most people, experts warn that winners should take a moment to talk to a financial adviser before making a decision.A single winning Mega Millions ticket was sold in South Carolina for just under the.6 billion jackpot prize, which officials previously thought would be record-breaking.Rules vary by state, so this is a good topic for that financial planner.No, you cant just cash one of those oversized checks shown in all the winner photos.In Michigan, how to win at casino slots ruby winners are anonymous unless they win Mega Millions or Powerball prizes.For winners of 5,000 or more, all states automatically deduct 24 percent in federal taxes but state taxes vary widely.While announcing that a single winning ticket was sold, Mega Millions revealed that the total jackpot.537 billion, slightly lower than the record-breaking.6 billion pot initially projected.
Even previously validated and cancelled tickets can be replayed!
Melissa Labant, a tax policy expert at the American Institute of Certified Public Accountants, said winners should realize that while taxes are initially withheld when prizes are awarded, more money will likely be due at tax time as people suddenly are in up.
The jackpot has now soared.6 billion.
Jackpot winners can remain anonymous in eight states Delaware, Georgia, Kansas, Maryland, North Dakota, Ohio, South Carolina and Texas.
Carole Gentry, a spokeswoman for the Maryland lottery, said the requirement is seven to 10 days in that state.What ARE MY taxes iont live IN THE state wherought THE ticket?Residents of New York City would pay an additional tax.9 percent.Any potential winners have from 180 days to a year to claim the prize, depending on which state the ticket was purchased.For winners of 5,000 or more, all states automatically deduct 24 percent in federal taxes, but state taxes vary widely.In Arizona, people who win more than 600 can keep their names secret for 90 days after claiming prizes, but after that names are public record.You have to be prepared to write another check to the IRS in April.Take your tickets and head to your favorite lottery retailer today to "Play it Again"!Payment speed also varies by state, but a week or two is common.But money doesn't do that financial planner Jim Shagawat said.
DET MY money instantly?
24, 2018 / 12:41 PM GMT.