Lottery News

Without a jackpot winner for approximately thirty three drawings, the Multi-state lottery, Mega Millions now boasts the largest jackpot of the year till date. The jackpot for the game has reached a whopping amount of $410 million, which can sort anybody’s future in the prevailing pandemic conditions. The jackpot amount was initially estimated at $530 million, but was later decreased to $410 million after the sale figures were counted and estimated.

The Mega Millions jackpot amount of $410 million is the 11th largest in the history of the game and 27th largest United State lottery jackpot of all time. The real epitome of this huge prize money is the cash value, which is actually quite larger than normal as compared to the annuity due to decreased interest rate due to COVID-19 lockdown. The lump-sum cash value offered by the current jackpot is $308.2 million, which is quite a good sum to bag.

As lottery players are you wondering what will the Mega Millions prize come down to in the bank account after federal and state tax deductions? You can check out the Lottery Tax Calculator and analyze the winning amounts of any of your favorite lotteries.