Jackpots Powerball and Mega Millions at the same time have exceeded $ 400 million - ForumDaily
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Jackpots Powerball and Mega Millions at the same time have exceeded $ 400 million

Фото: Depositphotos

Last time jackpots of the most popular lotteries in the USA Powerball and Mega Millions 2017 was won in October, so by January 2018, they grew significantly, and both exceeded $ 400 million.

In particular, the jackpot Powerball as of January 3 is $ 460 million, and in Mega Millions — $418 million, writes CNBC.

Next draw Powerball will take place on the evening of January 3 Mega Millions - 5 January.

This is the first time that both lottery jackpots exceeded 400 million dollars, and the second time that both jackpots simultaneously exceeded 300 million dollars (this happened in August 2017 of the year).

Jackpot in $ 418 million in Mega Millions will be the fourth largest in the history of this lottery, and $ 460 million will be the seventh largest in the history of the lottery Powerball, it will also be 10's biggest lottery jackpot in US history.

If you win, the winner will not receive the full amount, as he will have to pay federal tax, as well as state taxes.

On Mega Millions a one-time federal tax would be $ 65,25 million, and state taxes could reach another $ 23 million (depending on the state). For Powerball federal taxes will be $72,75 million, state taxes will be up to $25,7 million.

According to polls, Americans would react differently to winning a multi-million jackpot:

  • 74,8% of respondents would take the entire amount at once, 25,2% would divide the amount into several annual payments.
  • 43,4% of respondents would immediately claim winnings, 56,6% would wait some time before announcing winnings.
  • 80,1% of respondents would consult about options for investing money with a lawyer / accountant / financial advisor, 19,9% would decide the fate of the win.
  • 90,7% would prefer to remain anonymous in the event of a win, 9,3% would publicly announce a win.
  • 48,1% of respondents would have quit their jobs if they won; 51.9% would continue to work.
  • 63,6% would hire a financial advisor to manage the money, 36,2% would manage the finances on their own.

Read also on ForumDaily:

Powerball in numbers: which numbers most often win

How we waste money: five ways

10 real ways to earn the first million

In the U.S. Jackpot Mega Millions Powerball
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