What may be the tax on winning the NJ Lottery Mega Millions?
Following your lotto winning players will need to pay both state and federal taxes. In some states there no state taxes on lottery winnings while in the others there is no state income tax at all. Information on state and federal taxes is summarized in the table below. Mega Millions Lottery Name Lottery Winnings State Tax Lottery Winnings Federal Tax California Lottery No state tax 25% federal tax Georgia Lottery 6% state tax 25% federal tax Illinois Lottery 3% state tax 25% federal tax Maryland Lottery 7.75% for state and local; 6% for non-Maryland residents 25% federal tax Massachusetts Lottery 5% state tax 25% federal tax Michigan Lottery 4.35% state tax 25% federal tax New Jersey Lottery No state tax 25% federal tax New York Lottery 6.85% state tax, New York City: 4.648% city tax, Yonkers: 0.685% city tax 25% federal tax Ohio Lottery 6% state tax 25% federal tax Texas Lottery No state tax 25% federal tax Virginia Lottery 4% state tax 25% federal tax Washington Lottery No state tax
Current Jackpot Friday, 08/21/2009 $ 207 Million Cash Option: $130.1 Million Current Winning Numbers Tuesday, 08/18/2009 04 05 26 37 56 + 25 MEGA MILLIONS is easy to play. Ask your New Jersey Lottery Retailer for a MEGA MILLIONS bet slip. Each board you play on a MEGA MILLIONS bet slip costs $1.00. Up to five boards can be played on a bet slip. To play a board, you must select five numbers from 1 to 56 in the upper shaded board box and select one (1) Gold Mega Ball number from 1 to 46 in the lower white board box. Or you have the option to select the Quick Pick (QP) box, and the Green Machine will randomly pick your numbers for you. You can even play the same numbers for up to eight consecutive drawings by marking the appropriate box under “Multidraw” on your bet slip. The play must include the current draw and not skip draws in between. Check your bet slip carefully to make sure you have correctly marked the numbers you want before presenting it to the agent. Once a ticket has been pr
