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The ticket was sold at Hometown Gas & Grill in Lebanon, Maine, according to Maine State Lottery. Mega Millions is a enormous U.S. lottery with jackpots that are regularly in the range of hundreds of millions of dollars. A necessary federal withholding of 24% would shave about $78.8 million off that amount, reducing it to $249.five million. However, the major marginal price at the federal level is 37%. If you happen to come across yourself holding the winning ticket, here's what to do. Whilst the possibility of a single ticket hitting the jackpot is tiny — about one particular in 302.six million — it's worth thinking of how you'd deal with such a big windfall.

Powerball numbers for 10/15/22: Lottery results for $454M jackpot - IndyStar

Powerball numbers for 10/15/22: Lottery results for $454M jackpot.

Posted: Sat, 15 Oct 2022 07:00:00 GMT [source]


This prize pool is the money that is paid to a jackpot winner if they pick cash. If the winner chooses the annuity, current industry prices are utilised to calculate the graduated payment schedule and the initial installment is paid. The remaining funds in the prize pool are invested to generate the income required to fund the remaining installments. If there are a number of jackpot winners for a drawing, the jackpot prize pool is divided equally for all such plays. The set prize amounts listed above are primarily based on the expected quantity of winners sharing in the prize pool.

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Twenty-six other people across 15 states — which includes in New York, Pennsylvania and Florida — won what is correctly the second prize, raking in $2 million every. But unlucky winners like Post, Whittaker, and Shakespeare are the exception, not the rule. Their stories are repeated so typically not simply because they are representative but since they are some of only a couple of examples of regretful winners. The vast majority of jackpot recipients gather their novelty checks at press conferences and are in no way heard from again.


See our tax calculator to find out how a lot you will owe if you win the jackpot. A Megaplier number from 2 to five is drawn on the evening of each Mega Millions draw. Players who select the Megaplier solution have their non-jackpot prizes multiplied by that quantity. All the states offer the Megaplier selection except for California. Plenty of persons have won smaller prizes in the lottery game, but no a single has matched all six numbers and won the grand prize since Oct. 14. These 25 straight drawings without the need of a winner have permitted the major prize to roll over and develop larger for three months.

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“Powerball needs all 48 participating lotteries to submit their sales and play information prior to the winning numbers becoming chosen. After Powerball receives the outstanding submission, the drawing can proceed," the Multi-State Lottery Association said in a statement. Lozano splits the seventh-largest jackpot in Powerball's history with the owner of another jackpot winner in Wisconsin. In click here addition to the midterm elections, lottery officials have announced the winning numbers for the HISTORIC $2.04 billion Powerball jackpot. Powerball tickets price $2, or $three with the Powerplay selection that can enhance prizes from two up to ten times.

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Other individuals will take a "bet" from you against that lottery. No ticket is physically bought but you will be paid out the similar as if you had in fact bought the ticket . Both sorts of corporation are heavily regulated to make confident they will pay out, so your entry funds is secure. Powerball is a multi-state lottery that is at present played in 45 U.S. states, the U.S. The game on a regular basis offers nine-figure jackpots and it has even topped US$two billion, creating it a worldwide phenomenon.

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Either way, the IRS — and the state, if it taxes lottery wins — will take a slice just before the windfall reaches you. It really is also usually advised that you sign the back of the ticket as proof that it belongs to you. Having said that, prior to you do so, it is worth generating sure you know the rules for claiming your win in the state exactly where the ticket was bought.

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It somebody matches all the quantity in subsequent drawing Friday, it would be the second largest Mega Millions jackpot ever won,according to the Mega Millions internet site. This $1.35 billion jackpot marks Mega Millions' second-biggest grand prize ever and the fourth-largest in lottery history. The front page of the Mega Millions internet site states there has been a winner of the jackpot in Maine, who overcame steep odds that led to 3 months of drawings without the need of a winner. The next drawing is planned for Jan. 14, with a jackpot of $30.75 million and an estimated cash value of $18.6 million.

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