MegaMillions – $260M Jackpot Up-Date: Winning Numbers

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Mega Millions: There was no jackpot winner in the Tuesday, June 7, 2016 Mega Millions drawing, but 2 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from Colorado and 1 from Michigan.
Drawing Results:
25 · 48 · 51 · 65 · 72
Mega Ball: 4
Megaplier:
4
Important: All annuity amounts shown are the average amounts a jackpot winner would receive.  Mega Millions annuity payments are made on an annually-increasing rate schedule.  Amounts shown are estimates only.
Annuity
Cash
Mega Millions Jackpot for Tue, Jun 7, 2016
$260,000,000
$173,300,000
Gross Prize 30 average annual payments of $8,666,667
Lump-sum cash: $173,300,000
– 25% Federal Tax – $2,166,667
– $43,325,000
Subtotal

$6,500,000


$129,975,000

 

Year Gross Payment Federal Taxes State Taxes Net Payment
1 $3,913,373 $978,343 $0 $2,935,030
2 $4,109,042 $1,027,260 $0 $3,081,781
3 $4,314,494 $1,078,623 $0 $3,235,870
4 $4,530,219 $1,132,555 $0 $3,397,664
5 $4,756,729 $1,189,182 $0 $3,567,547
6 $4,994,566 $1,248,641 $0 $3,745,924
7 $5,244,294 $1,311,074 $0 $3,933,221
8 $5,506,509 $1,376,627 $0 $4,129,882
9 $5,781,835 $1,445,459 $0 $4,336,376
10 $6,070,926 $1,517,732 $0 $4,553,195
11 $6,374,473 $1,593,618 $0 $4,780,854
12 $6,693,196 $1,673,299 $0 $5,019,897
13 $7,027,856 $1,756,964 $0 $5,270,892
14 $7,379,249 $1,844,812 $0 $5,534,437
15 $7,748,211 $1,937,053 $0 $5,811,158
16 $8,135,622 $2,033,905 $0 $6,101,716
17 $8,542,403 $2,135,601 $0 $6,406,802
18 $8,969,523 $2,242,381 $0 $6,727,142
19 $9,417,999 $2,354,500 $0 $7,063,499
20 $9,888,899 $2,472,225 $0 $7,416,674
21 $10,383,344 $2,595,836 $0 $7,787,508
22 $10,902,511 $2,725,628 $0 $8,176,883
23 $11,447,637 $2,861,909 $0 $8,585,728
24 $12,020,018 $3,005,005 $0 $9,015,014
25 $12,621,019 $3,155,255 $0 $9,465,764
26 $13,252,071 $3,313,018 $0 $9,939,053
27 $13,914,674 $3,478,669 $0 $10,436,006
28 $14,610,408 $3,652,602 $0 $10,957,806
29 $15,340,928 $3,835,232 $0 $11,505,696
30 $16,107,974 $4,026,994 $0 $12,080,981
Total $260,000,001 $65,000,000 $0 $195,000,000

 

Credit:  usamega.com

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