$1M Mega Millions ticket sold in Chicago suburb, Illinois lottery says

If you win over $5,000 from a Powerball or Mega Millions jackpot, or any lottery game, state lotteries are required to withhold 24% in federal

PRIZE, Annual Payment Before Taxes, Annual Payment After Federal Income Tax Withholding* $1,000,000, $500,000, 380,000 $1,200,000, $600,000, 456,000

tax on lottery If you choose the annual payment option, based on a $12 million Lotto jackpot: If your prize is $1 million or more, your group may be entitled to form a

taxes taken out of lottery winnings Europe's largest jackpot, € tax paid €, EuroMillions · United Kingdom, 1, 19 July 2022, record in pound £ €, SuperEnalotto Italy, 1