Iowa Lottery
IALottery MEGA Millions Jackpot Analysis
The MEGA Millions jackpot for the draw on Fri May 3, 2024 is estimated to be $284 Million, with a cash option of 127.6 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Iowa, your state will take 5% of your lottery winnings.Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.
Iowa MEGA Millions Jackpot/Cash Option for Fri May 3, 2024
Lumpsum Option Taxes and Payment
Annuity Payment in 30 Installations
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MEGA Millions Results by Month
May 2024
April 2024
March 2024
February 2024
January 2024
December 2023
November 2023
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June 2023
Cash Option: $127.6 Million Next Draw: Fri May 3
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Mega Millions
Tue Apr 30, 2024
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