The jackpot for the MEGA Millions draw on , is projected to be $, with an option for a cash payout of $. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For those living in New Hampshire, the bright side is you won't have to pay any state taxes on your lottery prize.
New Hampshire MEGA Millions Jackpot/Cash Option for
