Where was the latest winning lottery ticket sold?
5 min read
Asked by: Robert Kaasa
Where was the latest Powerball winning ticket sold?
Someone in Arizona won the $473.1 million Powerball Wednesday night, according to the Powerball website. Only one ticket sold in the Grand Canyon State matched all six numbers to claim the grand prize.
Where was the latest Mega Millions winner sold?
Someone in Minnesota has millions of reasons to smile today. Only one ticket, which was sold in the North Star State, matched all six numbers in Tuesday night’s Mega Millions drawing to win the $110 million jackpot, according to the Mega Millions website.
Who won the last Powerball 2021?
There were no winners in the final Powerball drawing of 2021, and the jackpot grew to $483 million, according to the game operator. Blank forms for the Powerball lottery sit in a bin at a local grocery store, in Des Moines, Iowa. The winning numbers Wednesday were 02 – 06 – 09 – 33 – 39 and Powerball 11.
What State won the Mega Millions last night?
Someone in Minnesota has millions of reasons to smile today.
Where did the Mega Millions hit last night?
The winning ticket was sold at a Chevron gas station in Woodland Hills, California, according to the California Lottery. A ticket holder matched all six numbers, white balls 3, 16, 25, 44 and 55 and the gold Mega Ball 13, in Friday’s drawing, according to Mega Millions.
Who won the last Mega Millions 2021?
January 22, 2021 – $1.050 billion ($776.6 million cash) won by the Wolverine FLL Club of Oakland County, Mich.
When was the last time someone won the Powerball?
The last time someone won a Powerball jackpot was on Oct. 4, 2021, when a single ticket sold in California matched the winning numbers for the $699.8 million grand prize.
What state has the most winning Powerball winners?
Powerball Jackpot Winners By State*
| State | Number of Jackpots Won |
|---|---|
| Indiana | 39 |
| Missouri | 31 |
| Minnesota | 22 |
| Wisconsin | 19 |
Which state has most lottery winners?
Indiana
Indiana has been home to the most Powerball winners. With 39 winners, this represents over 10% of all jackpot winners. Missouri has the second-highest number of winners at 31 – or over 8% of the total winners. Minnesota is home to nearly 6% of all jackpot winners, with a total of 22.
Which state wins Mega Millions the most?
Mega Millions Jackpot Winners By State
| State | Jackpots Won |
|---|---|
| New York | 40 |
| California | 33 |
| New Jersey | 22 |
| Ohio | 20 |
Do quick picks ever win the Powerball?
If you are going strictly by the numbers, more Quick Pickers than self-pickers win lottery jackpots. About 70% of lottery winners used Quick Pick to choose their numbers. But then again, about the same percentage of all lottery players — about 70% – 80% — use Quick Pick to select their numbers.
How did Derren predict the lottery?
He revealed 24 volunteers who, after a number of previous sessions, were shown to apparently predict the correct numbers by perusing a board filled with previous lottery numbers and guessing that week’s through automatic writing.
What states have no lottery tax?
Six states do not have a lottery: Alabama, Alaska, Hawaii, Mississippi, Nevada, and Utah. Two states, California and Delaware, do have a lottery but do not tax winnings.
Does lottery winnings affect Social Security?
Lottery winnings do not affect Social Security disability income (SSDI), but it can reduce or eliminate any Supplemental Security Income (SSI).
Can the IRS take your lottery winnings?
Before you see a dollar of lottery winnings, the IRS will take 25%. Up to an additional 13% could be withheld in state and local taxes, depending on where you live. Still, you’ll probably owe more when taxes are due, since the top federal tax rate is 37%.
What is the tax on 1 million dollars?
Taxes on one million dollars of earned income will fall within the highest income bracket mandated by the federal government. For the 2020 tax year, this is a 37% tax rate.
How can I legally pay no taxes?
If you want to avoid paying taxes, you’ll need to make your tax deductions equal to or greater than your income. For example, using the case where the IRS interactive tax assistant calculated a standard tax deduction of $24,800 if you and your spouse earned $24,000 that tax year, you will pay nothing in taxes.
How can I avoid paying taxes on a large sum of money?
6 ways to cut your income taxes after a windfall
- Create a pension. Don’t be discouraged by the paltry IRA or 401(k) contribution limits. …
- Create a captive insurance company. …
- Use a charitable limited liability company. …
- Use a charitable lead annuity trust. …
- Take advantage of tax benefits to farmers. …
- Buy commercial property.
How can I avoid paying taxes on prizes?
5 ways to avoid taxes on lottery winnings
- Consider lump-sum vs. annuity payments. …
- Charitable donations. Donating some of the lottery money to charity will reduce your tax bill when you’re a big winner. …
- Gambling losses. …
- Other deductions. …
- Hire a tax professional.
How do I give my family money to the lottery?
A lottery winner can make a gift of some of the lottery winnings. This is legal only up to the annual exclusion limit, or else it will need gift tax liability. Making yearly gifts in this fashion is a good way to share the winnings with family members and friends while mitigating the tax implications.
What is the income tax on 10 million dollars?
Calculate the federal income tax for a business that had $11.0 million taxable income for the year of interest. Federal income tax rates are given below.
Income tax rates and calculation of taxes.
| Taxable income (TI) in $ | Federal Tax Rate (%) | Federal Tax ($) |
|---|---|---|
| 100,000 – 335,000 | 39 | 22,250 + (39%)(TI – 100,000) |
| 335,000 – 10 million | 34 | 113,900 + (34%)(TI – 335,000) |
Do you have to report lottery winnings to IRS?
Gambling winnings are fully taxable and you must report the income on your tax return. Gambling income includes but isn’t limited to winnings from lotteries, raffles, horse races, and casinos. It includes cash winnings and the fair market value of prizes, such as cars and trips.
What if I lost more than I won gambling?
You Can Deduct Gambling Losses (If You Itemize)
If you lost as much as, or more than, you won during the year, your losses will offset your winnings. For example, if you lost $10,000 and won $8,000 during various trips to casinos, you can deduct $8,000 of your losses, which is the amount up to your gain.
What percentage of gamblers win?
Professional sports bettors rarely sustain a long-term winning percentage higher than 55 percent, and it’s often as low as 53 or 54 percent.
