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Mega Millions Payout Calculator Omni Mega Millions drawings are every Tuesday and Friday at 11 p.m. ET. Tickets are sold in 45 states, plus the District of Columbia and the U.S. Virgin Islands.
Record-high and near-record-high lottery jackpots occurred over the past couple of years — a $2.04 billion Powerball jackpot in November 2022 and a $1.337 billion Mega Millions jackpot in July.
According to Lottery Post, the winnings before taxes for Tuesday nights drawings are estimated at $1.13 billion over 29 years or $525.8 million in cash all at once.
The next drawing, where the winning numbers for the $1.15 billion jackpot will be determined, is Friday, Dec. 27 at 11 p.m. ET. Mega Millions drawings take place every Tuesday and Friday at 11 p.m ...
The sixth-largest Mega Millions jackpot worth $1.13 billion was won following the March 26, 2024, drawing, in which one winning ticket was sold in New Jersey. The seventh-largest Mega Millions jackpot advertised as $640 million at the time of the drawing (annuitized) or $462 million (cash value), was drawn on March 30, 2012.
State and federal taxes can take out a big chunk of a lottery jackpot win. Longing for the $1.1B Mega Millions jackpot? What taxes would cost a Pennsylvania winner
Compared with Bear Stearns or Goldman Sachs, the Selbees were downright conservative. By 2009 they had grossed more than $20 million in winning tickets—a net profit of $5 million after expenses and taxes—but their lifestyle didn’t change. Jerry and Marge remained in the same house, hosting a family gathering each Christmas as they always had.
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