When is the next Mega Millions drawing? Jackpot is $910 million
did anyone win the last Mega Millions drawing? There were no jackpot winners for the Tuesday, July 25, Mega Millions drawing. Once Match 5 ticket was sold in Maryland worth $1 million. One Match 5 plus Megaplier ticket was sold in Texas worth $4 million. How are lottery winnings taxes ? According to a story on Kiplinger.com, any person winning the lottery will see at least 24% go to the federal government. But, given the 2023 federal tax brackets, this would put that person's annual income into the top tax rate of 37%, which means if you took the lump sum of $464.2 million, Uncle Sam will take around $111.4 million right away. You could -- depending on deductions and other factors -- be liable to send the government another roughly $60.3 million when you file your taxes next year. But that's not everything ... In Kentucky, the state will tax your winning at 6%, meaning out of that $464.2 million, you will need to send roughly $28 million to Frankfort. Even after, you will still...
