to Win the jackpotYou'll need to match numbers with the five white balls, as well as the huge golden ball.

If you win, you can receive a 30-year annuity for the full jackpot amount, or an upfront cash lump sum equal to about 48% of the jackpot. While the total amount is much less than an annuity, winners often choose this option because they get more money right away.

Then there are the taxes to consider. An automatic federal withholding tax of 24% is applied to your earnings, which are considered income by the Internal Revenue Service. But you will almost certainly pay a total of 37% on almost all winnings since the jackpot amount will likely trigger it Higher tax bracket.

Most states tax gains as well, ranging from 2.5% to 10.9%. Eight states impose no income tax on lottery winnings:** **California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, Wyoming.

Here's a look at the actual winnings taken home in each state and in Washington, D.C., if you happen to beat 1 in 302.5 million odds of winning the jackpot. The award amounts for both lump sum and annuity amounts are calculated by usamega.com.

- Lump sum:
**$231,030,812** - Annual income:
**$480,414,360**

- Lump sum:
**$223,776,612** - Annual income:
**$465,366,360**

- Lump sum:
**$240,575,812** - Annual income:
**$500,214,360**

- Lump sum:
**$223,776,612** - Annual income:
**$465,366,360**

- Lump sum:
**$213,887,992** - Annual income:
**$444,853,560**

- Lump sum:
**$215,377,012** - Annual income:
**$447,942,360**

- Lump sum:
**$240,575,812** - Annual income:
**$500,214,360**

- Lump sum:
**$219,614,992** - Annual income:
**$456,733,560**

- Lump sum:
**$218,431,412** - Annual income:
**$454,278,360**

- Lump sum:
**$221,676,712** - Annual income:
**$461,010,360**

- Lump sum:
**$228,930,912** - Annual income:
**$476,058,360**

- Lump sum:
**$218,813,212** - Annual income:
**$455,070,360**

- Lump sum:
**$218,813,212** - Annual income:
**$455,070,360**

- Lump sum:
**$225,303,812** - Annual income:
**$468,534,360**

- Lump sum:
**$222,440,312** - Annual income:
**$462,594,360**

- Lump sum:
**$213,277,112** - Annual income:
**$443,586,360**

- Lump sum:
**$206,404,712** - Annual income:
**$429,330,360**

- Lump sum:
**$206,213,812** - Annual income:
**$428,934,360**

- Lump sum:
**$224,349,312** - Annual income:
**$466,554,360**

- Lump sum:
**$202,968,512** - Annual income:
**$422,202,360**

- Lump sum:
**$222,631,212** - Annual income:
**$462,990,360**

- Lump sum:
**$221,676,712** - Annual income:
**$461,010,360**

- Lump sum:
**$218,049,612** - Annual income:
**$453,486,360**

- Lump sum:
**$218,278,692** - Annual income:
**$453,961,560**

- Lump sum:
**$240,575,812** - Annual income:
**$500,214,360**

- Lump sum:
**$199,532,312** - Annual income:
**$415,074,360**

- Lump sum:
**$218,049,612** - Annual income:
**$453,486,360**

- Lump sum:
**$198,959,612** - Annual income:
**$413,886,360**

- Lump sum:
**$223,394,812** - Annual income:
**$464,574,360**

- Lump sum:
**$229,503,612** - Annual income:
**$477,246,360**

- Lump sum:
**$227,212,812** - Annual income:
**$472,494,360**

- Lump sum:
**$222,440.31** - Annual income:
**$462,594,360**

- Lump sum:
**$202,777,612** - Annual income:
**$421,806,360**

- Lump sum:
**$228,854,552** - Annual income:
**$475,899,960**

- Lump sum:
**$217,705,992** - Annual income:
**$452,773,560**

- Lump sum:
**$216,140,612** - Annual income:
**$449,526,360**

- Lump sum:
**$240,575,812** - Annual income:
**$500,214,360**

- Lump sum:
**$240,575,812** - Annual income:
**$500,214,360**

- Lump sum:
**$240,575,812** - Annual income:
**$500,214,360**

- Lump sum:
**$207,168,312** - Annual income:
**$430,914,360**

- Lump sum:
**$218,622,312** - Annual income:
**$454,674,360**

- Lump sum:
**$240,575,812** - Annual income:
**$500,214,360**

- Lump sum:
**$199,532,312** - Annual income:
**$415,074,360**

- Lump sum:
**$215,758,812** - Annual income:
**$448,734,360**

- Lump sum:
**$211,368,112** - Annual income:
**$439,626,360**

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