Midday
![Pick-5-Midday Winning Numbers](/fllottery_imgs/Florida-Pick-5-Midday-85.png) |
/
|
|
|
|
|
Midday
![Pick-4-Midday Winning Numbers](/fllottery_imgs/Florida-Pick-4-Midday-85.png) |
/
|
|
|
|
|
Midday
![Pick-3-Midday Winning Numbers](/fllottery_imgs/Florida-Pick-3-Midday-85.png) |
/
|
|
|
|
|
Midday
![Pick-2-Midday Winning Numbers](/fllottery_imgs/Florida-Pick-2-Midday-85.png) |
/
|
|
|
|
|
Florida(FL) Mega Money Prize Analysis for Wed Dec 07, 2022
Updated: Thursday, December 8th, 2022 07:06 PM The estimated jackpot for Mega Money on Wed Dec 07, 2022 is $0.06 million. The cash option is $0 million. The Mega Money prize analysis tells you how much you would get after state, local and federal tax withholdings. As legally required by the state of Florida, taxes are withheld on lottery winnings of $600.00 or more. For prizes over $5,000.00, US citizens and resident aliens with a social security number are subject to a 25% deduction to their prizes, which represents federal taxes. Luckily, lottery prizes are exempt from Florida state and local personal income taxes. For more information on taxes for lottery winnings in the state of Florida, click here.
- For the Cash Option in the amount of $0 million, the federal tax that must be withheld is $0.00. There is no state tax for lottery prizes. After all the taxes are paid, the winner gets a net lump-sum payment of $0.00.
- For the Annuity option in the amount of $0.06 million, the winner gets paid in 30 annual payments in the average amount of $2,000.00 per year. The average federal tax liability is $500.00 per year. There is no state tax liability for lottery prizes. The average net lump-sum payment after tax withholding is going to be $1,500.00 per year. Please Note: Powerball annuity payments are NOT allocated evenly by years. The payments increase annually in a 30 year period. Please see below for the detailed payment schedule.
For detailed information on Powerball Lottery Winning Taxes and Prizes Analysis, see the data listed below.
Florida(FL) Mega Money Prize Analysis for Wed Dec 07, 2022 |
Wed Dec 07, 2022
|
Jackpot: $0.06 Million
|
Cash: $0 Million
|
Cash Option - $0 Million |
Gross Cash Payment | 25% Federal Withholding | 0% State Withholding | Lump-Sum Net Payment | $0.00 | -$0.00 | -$0.00 | $0.00 |
Annuity - $0.06 Million in 30 Annual Payments |
Yr |
Annual Gross Payment |
25% Federal Withholding |
0% State Withholding |
Annual Net Payment |
1 | $1,069.81 | -$267.45 | -$0.00 | $802.35 | 2 | $1,112.60 | -$278.15 | -$0.00 | $834.45 | 3 | $1,157.10 | -$289.28 | -$0.00 | $867.83 | 4 | $1,203.39 | -$300.85 | -$0.00 | $902.54 | 5 | $1,251.52 | -$312.88 | -$0.00 | $938.64 | 6 | $1,301.58 | -$325.40 | -$0.00 | $976.19 | 7 | $1,353.65 | -$338.41 | -$0.00 | $1,015.23 | 8 | $1,407.79 | -$351.95 | -$0.00 | $1,055.84 | 9 | $1,464.10 | -$366.03 | -$0.00 | $1,098.08 | 10 | $1,522.67 | -$380.67 | -$0.00 | $1,142.00 | 11 | $1,583.57 | -$395.89 | -$0.00 | $1,187.68 | 12 | $1,646.92 | -$411.73 | -$0.00 | $1,235.19 | 13 | $1,712.79 | -$428.20 | -$0.00 | $1,284.60 | 14 | $1,781.31 | -$445.33 | -$0.00 | $1,335.98 | 15 | $1,852.56 | -$463.14 | -$0.00 | $1,389.42 | 16 | $1,926.66 | -$481.67 | -$0.00 | $1,445.00 | 17 | $2,003.73 | -$500.93 | -$0.00 | $1,502.79 | 18 | $2,083.88 | -$520.97 | -$0.00 | $1,562.91 | 19 | $2,167.23 | -$541.81 | -$0.00 | $1,625.42 | 20 | $2,253.92 | -$563.48 | -$0.00 | $1,690.44 | 21 | $2,344.08 | -$586.02 | -$0.00 | $1,758.06 | 22 | $2,437.84 | -$609.46 | -$0.00 | $1,828.38 | 23 | $2,535.35 | -$633.84 | -$0.00 | $1,901.51 | 24 | $2,636.77 | -$659.19 | -$0.00 | $1,977.58 | 25 | $2,742.24 | -$685.56 | -$0.00 | $2,056.68 | 26 | $2,851.93 | -$712.98 | -$0.00 | $2,138.95 | 27 | $2,966.00 | -$741.50 | -$0.00 | $2,224.50 | 28 | $3,084.64 | -$771.16 | -$0.00 | $2,313.48 | 29 | $3,208.03 | -$802.01 | -$0.00 | $2,406.02 | 30 | $3,336.35 | -$834.09 | -$0.00 | $2,502.26 |
Other Prizes With More Than $5,000.00 |
5 White Ball | 25% Federal Withholding | 0% State Withholding | Net Payment | $1,000,000.00 | -$250,000.00 | -$0.00 | $750,000.00 | 5 White Ball with PowerPlay | 25% Federal Withholding | 0% State Withholding | Net Payment | $2,000,000.00 | -$500,000.00 | -$0.00 | $1,500,000.00 | 4 White Ball Powerball | 25% Federal Withholding | 0% State Withholding | Net Payment | $10,000.00 | -$2,500.00 | -$0.00 | $7,500.00 | 4 White Ball Powerball with PowerPlay | 25% Federal Withholding | 0% State Withholding | Net Payment | $40,000.00 | -$10,000.00 | -$0.00 | $30,000.00 |
Past Prize Analysis for Mega-Money- Mega Money Jackpot Analysis for Wednesday, April 24th
- Mega Money Jackpot Analysis for Monday, April 22nd
- Mega Money Jackpot Analysis for Saturday, April 20th
- Mega Money Jackpot Analysis for Wednesday, April 17th
- Mega Money Jackpot Analysis for Monday, April 15th
- Mega Money Jackpot Analysis for Saturday, April 13th
- Mega Money Jackpot Analysis for Wednesday, April 10th
- Mega Money Jackpot Analysis for Monday, April 8th
- Mega Money Jackpot Analysis for Saturday, April 6th
- Mega Money Jackpot Analysis for Wednesday, April 3rd
More Prize Analysis for Florida(FL) Mega Money
Florida Powerball |
SUN MON TUE WED THU FRI SAT |
|
![Florida(FL) Powerball Winning Numbers for Mon Apr 22, 2024 are 12,16,33,39,52,01,2. The next draw date of Florida(FL) Powerball is Wed Apr 24, 2024. Florida(FL) Powerball Latest Drawing Results](/fllottery_imgs/Florida-Lottery-Powerball.png) Next Draw: Wed Apr 24, 2024 $129,000,000 Change: +$14,000,000
|
|
|