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How much money is the drawing for ohio lottery mega millions?

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How much money is the drawing for ohio lottery mega millions?

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Sorry, local lottery players, it appears your get-really-really-rich dreams will have to wait. The two winning tickets in the Friday, Aug. 28, Mega Millions drawing were purchased in San Gabriel, Calif., and the Bronx, New York. The jackpot was $333 million, with a lump-sum value of $210 million, meaning each of the two winning tickets has a value of $105 million before taxes. Depending on local income tax law, each winner is likely to take home close to $70 million after taxes. The Mega Millions jackpot will go back to its starting level of $12 million for Tuesday’s drawing. That means an Ohio winner Tuesday would be able to pocket “only” about $5 million after taxes and the lump-sum discount. Mega Millions lists the odds of winning its jackpot at 1 in 175 million, and the odds of winning any prize (starting as low as $2) at 1 in 40.

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If you are a gambler in the Buckeye State you have two options for big bucks. The Mega Millions is grabbing all the attention with a whopping $325 Million jackpot but odds of cashing the big ticket stand at 175 Million-1 to claim the big prize. A better bet would probably to play the Ohio Lottery Classic Lotto which has odds of just under 14 Million to 1. The Classic Lotto currently has a jackpot of just over $36 Million. The Mega Millions lottery, which is a multi-state lottery, will be drawn on Friday night at 11 pm. The Ohio Lottery Classic Lotto will be drawn on Saturday evening at 7:30 pm.

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Sorry, local lottery players, it appears your get-really-really-rich dreams will have to wait. The two winning tickets in the Friday, Aug. 28, Mega Millions drawing were purchased in San Gabriel, Calif., and the Bronx, New York. The jackpot was $333 million, with a lump-sum value of $210 million, meaning each of the two winning tickets has a value of $105 million before taxes. Depending on local income tax law, each winner is likely to take home close to $70 million after taxes. The Mega Millions jackpot will go back to its starting level of $12 million for Tuesday’s drawing. That means an Ohio winner Tuesday would be able to pocket “only” about $5 million after taxes and the lump-sum discount. Mega Millions lists the odds of winning its jackpot at 1 in 175 million, and the odds of winning any prize (starting as low as $2) at 1 in 40. Sources: http://

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If you are a gambler in the Buckeye State you have two options for big bucks. The Mega Millions is grabbing all the attention with a whopping $325 Million jackpot but odds of cashing the big ticket stand at 175 Million-1 to claim the big prize. A better bet would probably to play the Ohio Lottery Classic Lotto which has odds of just under 14 Million to 1. The Classic Lotto currently has a jackpot of just over $36 Million. The Mega Millions lottery, which is a multi-state lottery, will be drawn on Friday night at 11 pm. The Ohio Lottery Classic Lotto will be drawn on Saturday evening at 7:30 pm. Sources: http://www.clevelandleader.

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