Friday’s MegaMillions Jackpot Reaches $43 Million

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winning mega millions numbers

The Tuesday, May 16, 2017 Mega Millions drawing has taken place, and the results are 4-35-39-56-72, and the Mega Ball is 11. The Megaplier number is 5.

There was no jackpot winner in the Tuesday, May 16, 2017 Mega Millions drawing, but 1 lucky player from Wisconsin matched the first 5 numbers for a $1,000,000 prize.

Annuity   Cash
 
Mega Millions Jackpot for Fri, May 19, 2017 $43,000,000
  $26,100,000
 
Gross Prize 30 average annual payments of $1,433,333
  Lump-sum cash: $26,100,000
– 25% Federal Tax – $358,333
  – $6,525,000
Subtotal

$1,075,000
 

$19,575,000
State: Florida
Drawing Date:   Fri, May 19, 2017
Jackpot: $43,000,000
Federal Tax: 25%
State Tax: No state tax on lottery prizes
Report: Mega Millions annuity payout schedule (30 annual payments)

 

Year Gross Payment Federal Taxes State Taxes Net Payment
1 $647,212 $161,803 $0 $485,409
2 $679,572 $169,893 $0 $509,679
3 $713,551 $178,388 $0 $535,163
4 $749,228 $187,307 $0 $561,921
5 $786,690 $196,672 $0 $590,017
6 $826,024 $206,506 $0 $619,518
7 $867,326 $216,831 $0 $650,494
8 $910,692 $227,673 $0 $683,019
9 $956,226 $239,057 $0 $717,170
10 $1,004,038 $251,009 $0 $753,028
11 $1,054,240 $263,560 $0 $790,680
12 $1,106,952 $276,738 $0 $830,214
13 $1,162,299 $290,575 $0 $871,724
14 $1,220,414 $305,104 $0 $915,311
15 $1,281,435 $320,359 $0 $961,076
16 $1,345,507 $336,377 $0 $1,009,130
17 $1,412,782 $353,195 $0 $1,059,586
18 $1,483,421 $370,855 $0 $1,112,566
19 $1,557,592 $389,398 $0 $1,168,194
20 $1,635,472 $408,868 $0 $1,226,604
21 $1,717,245 $429,311 $0 $1,287,934
22 $1,803,108 $450,777 $0 $1,352,331
23 $1,893,263 $473,316 $0 $1,419,947
24 $1,987,926 $496,982 $0 $1,490,945
25 $2,087,322 $521,831 $0 $1,565,492
26 $2,191,689 $547,922 $0 $1,643,766
27 $2,301,273 $575,318 $0 $1,725,955
28 $2,416,337 $604,084 $0 $1,812,252
29 $2,537,153 $634,288 $0 $1,902,865
30 $2,664,011 $666,003 $0 $1,998,008
Total $43,000,000 $10,750,000 $0 $32,250,000

 

Credits: usamega.com

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