Red White and Blue, Double Diamond, Dick Fucking Clark, Cherry whatever. That’s just more than $13.1 million in taxes over the span of the payout. On a $33 million jackpot, that means an annual payout of about $1.3 million and an annual tax bill of $525,000.
For IGT, maker of Megabucks, it’s 25 years. Lifetime payout: This is a set annual payout for a certain number of years. Wisconsin Very Own Megabucks Lottery Results.
What time is the Megabucks drawing? How much is the Megabucks jackpot? Oregon Megabucks jackpots increase on a rolling basis until there is a winner or multiple winners. When is the Megabucks drawing? Drawings are held on Mondays, Wednesdays, and Saturdays.