Jackpot Guides

How Lottery Winnings are Taxed

How Lottery Winnings are Taxed

Tax claims: In the case winnings are over $599, they are subject to a federal income tax of 25% for US citizens (30% for all others). Taxes are withdrawn directly upon the winnings receipt. Therefore, all the lottery winnings over $599 will be credited to the prize account, minus the above-mentioned tax of 25%. With a one-time jackpot cashing out, the winner gets approximately 45-55% of the clai…

EuroMillions €130 Million Superdraw

EuroMillions €130 Million Superdraw

EuroMillions Superdraw is a special draw of the popular European lottery. In general, such super-drawings are held in a similar pattern, just like the usual EuroMillions draws. The main feature of the additional draws is that the minimum playable jackpot amount is 130 million euros, instead of the standard 17 million start. The EuroMillions lottery is held by European countries, and the decision …

JackpotMania

Gambling is an adult activity and no part of this site is intended for use by anyone beneath the legal age required to engage in gambling within their jurisdiction of residence.

Jackpot-Mania.com does not intend for any information on this site to be used for illegal purposes. It is your responsibility to ensure that you are of legal age and that online gambling is legal in your country of residence. Jackpot-Mania.com is intended to provide bias free information regarding the online gambling industry. The information on this site is intended for entertainment purposes only.