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Is this Mega Millions cash value tax calculation correct? (Florida example)
Hi everyone, I'm building a lottery calculator and want to confirm the tax math for a Mega Millions example. Let s say: Jackpot: $110 million Cash value: about $49.2 million Winner lives in Florida (no state tax) If the winner chooses the cash option, is this calculation correct? 24% federal withholding upfront Additional ~13% federal tax at filing ( 37% total) 0% Florida state tax Estimated net: $49.2M 0.63 $31M Is this a reasonable estim
Apr 9, 2026, 7:55 pm - alexdms29 - Lottery Discussion Forum

The $29.95 Non-BelieverzReply
well, well, well. tonight's mega millions drawing was 4-13-52-53-69 + 10 . the word-to-numbers tool correctly predicted the red ball. looks like statstalker's verbal diarrhea is actually good for something after all.
Mar 24, 2026, 11:12 pm - Brock Lee - Lottery Discussion Forum

Mega Millions and Powerball RaceReply
The Mega Millions jackpot was won and is at its starting point of $50 million. There was only an estimated 1.4% chance the jackpot would be won. The jackpot was underfunded from sales by approximately $34 million. With two wins of the jackpot is a very short period of time, the game is significantly falling behind the Powerball game. Will it ever catch up?
Mar 18, 2026, 8:53 am - winoneday - Lottery Discussion Forum

Mega Millions and Powerball RaceReply
I looked at the recent 1 year treasury rates. Rates haven't increase that much in 2026. 37 million is a considerable rollover amount. I think sales are stronger for mega millions because of the difference in jackpot size from Powerball. If i am missing something let me know.
Mar 8, 2026, 12:54 pm - MsBee18 - Lottery Discussion Forum

It looks as if the $5.00 MM ticket is doing poorly.Reply
Straight from AI ------- Mega Millions ticket sales are primarily divided between jackpot prizes (roughly 50%), state-run beneficiaries (approx. 25 30%), and operational costs . Funds support public services like education, infrastructure, and senior programs, alongside commissions for retailers (5 7%). A portion also goes to state general funds or special projects. Are you doing total sales.? Or just jackpot sales?
Feb 28, 2026, 4:33 pm - Justing618 - Lottery Discussion Forum

Are there no drawing videos for Millionaire for Life?Reply
Don't quote me. But I think its random number generated draws. And it's the M.S.L.U. They also do the powerball and Mega millions. I googled then clicked on the millionare for life site. Then clicked Previous results. I was sent to the powerball drawing page on youtube. So I quess they will not show any drawings.
Feb 24, 2026, 6:51 am - Justing618 - Lottery Discussion Forum

Mega Millions 10 Million Increase rollover.Reply
What affects the top line. Annuity amount is interest rates, and sales. Sales of mega millions are down. An interest rates have dropped so the long-term pay payout it's less for every cash dollar invested
Feb 14, 2026, 12:12 pm - JSeattle - Lottery Discussion Forum

Lottery is not random it's predeterminedReply
There is no guaranteed way to beat the lottery. Lottery officials do everything a human being can possibly do to ensure the game is totally random. Honestly, if there was a special foolproof way to beat a Powerball or Mega Millions game, the buyers guide or software advocating such a strategy wouldn't be for sale.
Feb 11, 2026, 10:49 am - rundown99 - Lottery Discussion Forum

Mega Millions and Powerball RaceReply
The Powerball jackpot was won yesterday. Nevertheless, Powerball is still currently winning the race. But, here is a great opportunity for Mega Millions to catch up. It will start catching up with Powerball if it can achieve it's first $1 billion jackpot since the price increase.
Jan 22, 2026, 10:09 am - winoneday - Lottery Discussion Forum

Lucky For Life to Millionaire For Life - $5 TicketReply
Makes sence. And I guess they figure with the 5 dollar increase people will complain like when they changed mega millions....Kinda wild. I have not seen anything about it in my state. Mabye there going with the surprise approach.
Jan 16, 2026, 7:07 pm - Justing618 - Lottery Discussion Forum