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Lottery Winners Celebrate Big Wins as Mega Millions Jackpot Hits $825 Million

Recent Powerball and Mega Millions winners highlight the allure of lottery games, with odds stacked heavily against players.

  • A Michigan man won $200,000 in the Powerball after initially believing his prize was only $1,500, thanks to the Power Play multiplier.
  • A North Carolina player won $50,000 in the Powerball after matching four white balls and the red Powerball but narrowly missed the $71 million jackpot.
  • The Mega Millions jackpot has climbed to $825 million, making it the seventh-largest prize in the game's history, with the next draw scheduled for Friday, December 20.
  • Winners of large jackpots face significant tax withholdings, with lump-sum payouts reduced by federal and state taxes, depending on the winner's location.
  • Lottery odds remain steep, with the Powerball jackpot odds at 1 in 292.2 million and Mega Millions at 1 in 302.6 million, but the games continue to attract millions of hopeful players.
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