Megabucks Annuity Payout

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  1. Megabucks Annuity Payout
  2. Nh Megabucks Payout Chart
  3. How Does The Lottery Annuity Payout Work

The remaining amount is the total of your lump sum payment. For example, if you win $1 million, your lump sum payout is half of that, or $500,000. Federal withholding is 25% of the payout, or $125,000. If your state has a 7% income tax it will withhold that amount as well - in this example, $35,000. The resulting lump sum payout is $340,000. Unsurprisingly, almost all holders of Megabucks jackpots prefer to receive their winnings in the form of annual payments. However, in this case, they also have to pay taxes, the Internal Revenue Service of the United States (IRS) very strictly follows this.

Winning Numbers Saturday 03/06/2021

  1. Megabucks offers a chance to win NOW and LATER for an additional $1! When EZ Match is selected, five EZ Match numbers and instant prize amounts will print below the Megabucks numbers on the ticket. WIN NOW by matching any EZ Match number to any Megabucks number on the ticket (not the numbers in the drawing) to win the corresponding prize amount.
  2. LottoStrategies.com - Lottery Winning Strategies,california lottery,florida lottery,texas lottery,Prizes, Winning Numbers Statistics, Jackpots & more.
Payout
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Next estimated jackpot is $2,100,000

Tri-State Megabucks PlusSM has Big Jackpots and Great Odds!

  • Jackpots start at $1,000,000!
  • $30,000 second prize!
  • Great overall odds of winning!
  • Drawings every Wednesday and Saturday

Subscriptions

Don't miss a single drawing! Just choose your 5 lucky numbers and one Megaball number or choose Easy Pick and let the Lottery computer pick your numbers for you. With a subscription, you are guaranteed to be a part of every single drawing! For more information, please visit the subscriptions page of our website.

Ticket Sales and Draw Time

Calculator

Megabucks Plus tickets can be purchased daily. The cut off time for ticket sales is 7:50 PM ET on the day of the draw. Drawings are held every Wednesday and Saturday at 7:59 PM ET. You can watch the Megabucks Plus drawings every Wednesday and Saturday by visiting the Tri-State Lotto Commission official drawing webcast.

How to Win!

Match your numbers to those drawn by the Lottery to win cash prizes! Win by having any one of these nine combinations.

MatchPrizeOdds
Jackpot1:4,496,388
$30,0001:899,277.6
$1,3001:24,979.9
$1501:4,996
$251:713.7
$71:142.7
$51:63
$21:12.6
$21:15.3

Megabucks Annuity Payout

  • Overall odds of winning a prize are 1 in 5.9.
  • Prize amounts based on a $2 play.
  • If there are multiple jackpot winners for a drawing, the Jackpot prize will be divided equally among jackpot winners.
  • The Jackpot can be paid in a 30-year annuity for the approximate advertised jackpot amount (30 payments over 29 years) or in a one-lump-sum cash payment. Winners have 60 days from filing a claim to elect the CASH or ANNUITY option.

Nh Megabucks Payout Chart

Disclaimer:

How Does The Lottery Annuity Payout Work

The information contained on this page is for informational purposes only. All information is entered manually and is subject to error. The Maine State Lottery makes every effort to ensure the accuracy of this information but is not responsible for any errors contained on this page. In case of a discrepancy between the winning numbers listed on this page and the official winning numbers, the official results shall prevail. A winning ticket must be validated on the Maine State Lottery's gaming system for final winner verification. Complete Megabucks Plus game information and prize claiming instructions are available from any Maine State Lottery retail agent or by email at MaineLottery@Maine.gov.