The Mega Millions jackpot has risen to $62 million for Tuesday's drawing after no one won the top prize on Friday. The Tuesday night drawing comes with a cash option of $27.7 million after taxes.

For the current estimated $1.22 billion Mega Millions jackpot, the cash payout is $549.7 million, according to the website. After taxes that's about $418 million, which doesn't sound nearly as ...

If you stand to claim a Mega Millions jackpot, or any other lottery prize, one of the first things you should do is seek out ...

but the eventual winner will take home a much smaller amount after paying their taxes. The Mega Millions jackpot prize surged to $825 million on Tuesday night. The six numbers drawn on Tuesday ...

The Mega Millions jackpot for Friday's drawing ... those who pick the cash option will receive an estimated $516.1 million. Then there are the taxes. The IRS immediately takes 24% of all lottery ...

The Mega Millions winner is expected to take home less than half the advertised worth of their winning ticket, after state and local taxes. For starters, because the winner elected to receive the ...

Let's say you won $1 billion Mega Millions jackpot. Is it better to get a truckload of cash at your house now, or guaranteed ...

The Mega Millions jackpot prize has grown to $825 million ahead of Friday night's draw — the seventh-largest sum in the game's history. To win the jackpot, you'll need to match numbers with all five ...

THE CASH PRIZE COMES OUT TO ABOUT $450 MILLION BEFORE TAXES ... a lucky Mega Millions player might receive a $1.22 billion belated Christmas gift after no one won Tuesday’s jackpot.Friday ...

The Mega Millions jackpot rose to $740 million ahead of Tuesday's drawing, which has an estimated $342.9 million lump-sum payment after taxes, according to the lottery. It is the eighth-largest ...