NEW: Mega Millions – here’s how it works

NEW: Mega Millions – here’s how it works

The fun starts with Mega Millions. If this lottery was a supermodel, it would say “I’m not standing up for less than 40 million”. Because at $ 40 million, the minimum jackpot of Mega Millions goes off. And from then on, it’s only up – until it is cracked again, of course. The draws are held twice a week in Atlanta, Georgia, on Tuesdays and Fridays in the evening. In the UK, this would take place on Wednesday at 04:00am.

MEGA MILLIONS AND THE MYLOTTO24 PAYOUT GUARANTEE
Just like with Powerball, thanks to the myLotto24 Payout Guarantee, Mega Millions can guarantee that you will receive your winnings on the back of your bet on the outcome of the lottery. How can we do that? Because we are guided by the procedure of the original lottery when paying out.

If you use your bet to crack the myLotto24 jackpot, then the payout will be similar to the original lottery, with deduction of taxes currently 38% and either a 30-year installment or a one-off reduction of 40%. A calculation example from the Mega Millions winner Ira Curry: With one of two winning lots, she shared the mega jackpot of 648 million US dollars. Out of this $ 324 million, after deduction of taxes and the additional 40% deduction for one-off payments (in the US, this lump sum is also called “lump sum”), about $ 120 million remains for the winner. It’s certainly a life changing amount.
We’ll keep our fingers crossed for you. Check out this mega lottery today!