Use our Mega Millions payout and tax calculator to find out how much taxes you need to pay if you win the Mega Millions jackpot – for both cash and annuity options. How much tax do you pay on New York Mega Millions winnings?īy law, New York lottery will withhold 24% of winnings for federal taxes and 8.82% for state income taxes. New York Mega Millions ticket sales stop from 10:00 p.m. How late can you buy Mega Millions tickets in New York? Players pick five numbers between 1 and 59, and one. Mega Millions drawings are held every Tuesday and Friday at 11:00 p.m. Powerball has the highest winning potential of all of the New York Lottery games, and only costs 2 to play. New York is one of the states that offers MegaPly ®, which can increase the non-jackpot prizes by 2, 3, 4, or 5 times for an additional $1 per play. 10:59 PM Livestream Online or watch NYC Televised Drawings: Aired at option of WABC during local news content, not guaranteed. You can also win non-grand prizes ranging from $1 to $1 million by matching one or more numbers as detailed in the New York Mega Millions payouts and prize amounts chart above. You win the Mega Millions jackpot by matching all six numbers in the drawing. New York Mega Millions FAQs How do you win the New York Mega Millions? New York Lottery Results (NY), Winning.
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