Quote
Originally posted by: jhowell
The new jackpot for the Tuesday, Jan. 4, 2011 Mega Millions drawing is $290 million, with a lump-sum cash value of $182.6 million.
If you win this one, your approximately NET check is shown with this link.
Mega Millions Jackpot Analysis
j
Originally posted by: jhowell
Quote
Originally posted by: BAGIANT
I started buying mine on Wednesday and will buy more today. Already bought $20 worth today.
You figure you're going to net about 1/3 of the prize after taxes. So a $240 million jackpot will NET you 80 million.
The new jackpot for the Tuesday, Jan. 4, 2011 Mega Millions drawing is $290 million, with a lump-sum cash value of $182.6 million.
If you win this one, your approximately NET check is shown with this link.
Mega Millions Jackpot Analysis
j
Taking the lump sum payment, and Federal taxes nets you 1/3 of the jackpot.