Does anyone know the mega millions cash out after taxes for the guy in GA?

I'm trying to find out the total cash out the GA couple get for their 270 million cash out after taxes. Anyone know?|||Seems like i heard it was around 160 million|||It'll be right around $150 million.|||Lottery jackpots are based upon a 20 year payout. If you opt for a lump sum you'll receive the present value of the prize, typically a bit less than 1/2 of the total prize amount. That varies depending upon long-term interest rates at the time of the payout. That would result in a payout of around $130 million or so.





Then Federal income taxes are withheld, typically at 30% plus any State income taxes. The max GA income tax rate is 6%, so the net payout in cash would be around $83,200,000.





They'd still probably owe another $6,500,000 in Federal taxes since they'd easily hit the 35% tax bracket with that hit so their net after all taxes would be closer to $76,700,000. The exact amount is confidential of couse as income tax returns are confidential information. The public would only know that if they chose to release their tax returns into the public domain.|||They'll pay very close to 35% of it for federal income tax. Still leaves a very nice payout.....