Mega millions latest news in - 2022
If You Hadn't Bought a Ticket For Tonight Mega Millions Drawing NG, There Is a Time There Hasn't Been A Winning Ticket Drawn Since April And That Means The Jackpot Has Had
>> Three Months To Grow.
Grand Prize Has Soared TO Staggering $660 Million , The Nation's Ninth Largest Lottery Jackpot Ever And Tonight Could
>>Be Someone's Lucky Night.
>> Joining Us To Talk About The Drawing IS The Director Of The OHIO Lottery Commission .
Welcome Thanks For Joining Us.
The $660 Million Grand Prize Is For People Who Choose To Receive Winnings In 30 Annual Pay Outs.
That's About $22 Million a Year .
What Would a Player Received IF They Decided To Go With The Cash Option Or Lump Sum Instead ?
>> Sure .
As You Mention The Jackpot Prize Is $660 Million .Annuity Payments Come Into Play IF The Winner Chooses To Take That .There Is Also a Cash Option .
>> It Is $388 Millions.
Essentially The Difference Between The Two IS That The Annuity Is Going To Give You A Payment Over The Course Of 30 Years . Lump Sum Means You Are Getting It All At Once All In One Payment OF Course There Are Tax Implications .But That's What You Wil Get. $388 Million Is a Lot Of Money.
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>>So be clear a wold be fine
With Either Of Those Payments.
Is OHIO One Of The States Where You Have To Go In Person To Receive Your Winnings Or Can You Hide From Family , Friends ,Creditors With Your Money ?
>> This Is A Question People
Always Ask .
Some People Say I Don't Want Anybody To Know That I won In OHIO You Can Claim In A Blind Trust Which Means No One Will Know Who You Are. The Only Information On The Paperwork is The Names Of The Trust.
I Point Out Too Like In OHIO ,IF You Decide To Do Something Like That Or If Your State Allows You To Do Something Like That , You Would Have To Consult
With An Attorney And Have Them Help You Through The Process To Get The Prize That Way. There Are States Where You Have To Claim Publicly. OHIO Isn't One Of Them Thought.
>> Good To Know .
I Will Get On A Flight After SO I Can Get A Ticket. We Know Odds Of Matching All Six Numbers ARE Staggering , One IN 302.5 Million But Players. Can Win Big Bg Matching Other Numbers Like Five Numbers.
>> What Are Those Odds ?Are They Better ?
What's Is a Second Place Ticket
Worth?
>> You're Overall Odds Of Winning In I Prize In The Mega Millions Are One In 24.
We Are Talking Prizes $2 All The Way To The Jackpot .The Prize You Are Referring To Is The Five Of Five Winning Ticket .If You Play The Numbers, You Have Matched First Five BUT Missed Mega Ball, YOu Still Win $1 Million Which Is A Lot Of Money.
>> It's Not The Jackpot.
I Don't Know , It Might Sting To Know That You Missed The Mega Ball And So You Missed The Big Jackpot. But $1 Million Is A Lot OF Money. That's Second Tier Prize. Make Sure You Check Your Ticket. Just like the Beasuse You Didn't Get The
>> Mega Ball Doesn't Mean You Didn't Get Something.
>> Good Consolation Prize
Already I'd SaySO.
>> I Mentioned There's ARE Tax
Implications. The State Wins A Bit Too
Because There is no IS A 4% State Tax In OHIO ON Lottery Prizes .You Are Looking At A Little Over 15 That's Going To Come
>> From That. In OHIO Our Beneficiary Is
Education. 100% OF OHIO Lottery Profits Go To Education In The State Of OHIO. Any Time We Have One Of The Big Jackpot Runs Where A Lot Of People Are Getting Excited, A Lot Of Peoples Are Getting Out To Buy Tickets , Bottom Line Is 100% OF The Profits Will be ComeBack To Our State And Help Education In OHIO Regardless Of.
