{"id":373510,"date":"2025-11-12T09:43:15","date_gmt":"2025-11-12T09:43:15","guid":{"rendered":"https:\/\/www.europesays.com\/us\/373510\/"},"modified":"2025-11-12T09:43:15","modified_gmt":"2025-11-12T09:43:15","slug":"mega-millions-jackpot-hits-965-million-heres-what-the-winner-could-take-home","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/373510\/","title":{"rendered":"Mega Millions Jackpot Hits $965 Million\u2014Here\u2019s What The Winner Could Take Home"},"content":{"rendered":"<p>Topline<\/p>\n<p>The Mega Millions jackpot rose to $965 million\u2014the second biggest lottery prize of the year so far\u2014after no tickets matched all six numbers drawn on Tuesday night, although the eventual winner will take home a much smaller payout after taxes and deductions.<\/p>\n<p>The Mega Millions jackpot rose to $965 million after Tuesday night&#8217;s drawing.<\/p>\n<p>Copyright 2013 AP. All rights reserved.Key Facts<\/p>\n<p>The <a href=\"https:\/\/www.megamillions.com\/Winning-Numbers.aspx\" rel=\"nofollow noopener noreferrer\" target=\"_blank\" class=\"color-link\" title=\"https:\/\/www.megamillions.com\/Winning-Numbers.aspx\" data-ga-track=\"ExternalLink:https:\/\/www.megamillions.com\/Winning-Numbers.aspx\" aria-label=\"six numbers\">six numbers<\/a> drawn on Tuesday night were 10, 13, 40, 42, 46, and Mega Ball 1.<\/p>\n<p>If a winner emerges in the next draw, they will have a choice between taking the $965 million prize spread over 30 annual installments or a lump sum cash payout of $445.3 million\u2014the preferred option for most winners.<\/p>\n<p>If the winner picks the cash prize, their winnings will first drop to around $338.4 million after a mandatory federal withholding of 24% is applied.<\/p>\n<p>The winner would likely face a federal marginal rate as high as 37%, depending on their taxable income, further reducing the winnings to around $280.5 million.<\/p>\n<p>If the installments route is chosen, the winner\u2019s annual payments of around $32.16 million would fall to $20.26 million after the 37% federal marginal rate is applied.<\/p>\n<p>Depending on their home state, the winner could face additional taxes, as some states, such as New York, tax lottery winnings at 10.9%, while others, such as Texas, Florida, and California, don\u2019t.<\/p>\n<p>What To Watch For?<\/p>\n<p>The next Mega Millions drawing is scheduled to take place on Friday night. The Powerball jackpot, which has risen to $512 million, will have its next drawing on Wednesday night.<\/p>\n<p>Read More<\/p>\n","protected":false},"excerpt":{"rendered":"Topline The Mega Millions jackpot rose to $965 million\u2014the second biggest lottery prize of the year so far\u2014after&hellip;\n","protected":false},"author":3,"featured_media":373511,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[64,13107,179754,176824,179753,67,132,68],"class_list":{"0":"post-373510","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-mega-millions","10":"tag-mega-millions-draw","11":"tag-mega-millions-jackpot","12":"tag-mega-millions-numbers","13":"tag-united-states","14":"tag-unitedstates","15":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115536082005411190","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/373510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=373510"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/373510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/373511"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=373510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=373510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=373510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}