Mega Millions Annuity Jackpot Analysis for Michigan
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The Mega Millions annuity jackpot is awarded according to an increasing rate schedule, which increases the amount of the annuity payment every year. The table below shows the payout schedule for a jackpot of $214,000,000 would be for a resident of Michigan, including taxes withheld.
Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year. They are not intended to specify the final tax burden, which may vary depending on how the winner chooses to invest or dispense their prize money. (For example, if the winner gave all their fortune to charity, they may actually end up getting money back that was initially withheld, whereas someone who buys a new mansion and a fleet of new cars would probably end up owing more taxes than shown.)
Mega Millions Annuity Jackpot Analysis for Michigan Media: You may freely use any information on this page, but you must credit www.usamega.com . The Mega Millions annuity jackpot is awarded
Mega Millions results for 11/20/20; jackpot worth $188 million
(Courtesy Michigan Lottery)
LANSING, MI – The Mega Millions jackpot is now worth $200 million as there was no winner of the $188 million jackpot for the drawing held on Friday, Nov. 20.
That means the drawing on Tuesday, Nov. 24 will be worth $200 million with a cash option of $155.5 million.
The Mega Millions numbers for Nov. 20: 26-33-45-61-68
The Gold Mega Ball: 17
The Megaplier: 3
Mega Millions winners for Nov. 20:
· Along with no grand prize winner, no one matched all five white numbers drawn to win $1 million.
· In Michigan, four tickets sold won $600 in the drawing. That was the largest prize won in the state.
· There were 227,996 tickets sold that won at least $4 in the drawing. In Michigan, 9,544 tickets sold won at least $4 in the drawing.
Mega Millions drawings are held Tuesday and Friday at 11 p.m. Five balls are drawn from a set of balls numbered 1 through 70; the Mega ball is drawn from a set of balls numbered 1 through 25. The odds of winning the jackpot is 1 in 302 million.
Mega Millions is played in 44 states, plus the District of Columbia and the Virgin Islands. Tickets cost $2 each.
In other Michigan Lottery news:
· The next Powerball drawing is Saturday, Nov. 21 with an estimated jackpot of $192 million and a cash option of $149 million.
· The next Lotto 47 drawing is Saturday, Nov. 21 at 7:29 p.m. with a jackpot of $1.15 million. Deadline is 7:08 p.m. that day.
· Saturday’s Fantasy 5 jackpot is an estimated $357,000. The drawing is at 7:29 p.m. Deadline is 7:08 p.m.
For the latest on Michigan Lottery, check out the official Michigan Lottery site, which also offers more information on instant tickets, raffles and other lottery games.
The last player from Michigan to win a Mega Millions or Powerball jackpot was Cristy Davis of Waterford who won $70 million playing Powerball in February. With her winnings, Davis said she planned to buy a new house and car.
And while she was a lucky winner, it’s smart for players to check their tickets immediately as a winner worth $1 million sold in Hartland last year went unclaimed. The ticket was purchased at the Speedway in Hartland, but the winner never came forward to claim the prize. The money instead went to the state’s School Aid Fund.
If you’d like to be the next player from Michigan to win a huge lottery prize, take a look at these tips from lottery expert Richard Lustig. The author of “Learn How To Increase Your Chances Of Winning The Lottery” has won more than $1 million in Florida by winning top jackpot prizes in smaller games.
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Mega Millions results for 11/20/20; jackpot worth $188 million (Courtesy Michigan Lottery) LANSING, MI – The Mega Millions jackpot is now worth $200 million as there was no winner of the