A New York lottery player is sitting on a life-changing $1 million Mega Millions ticket, and officials are urging the winner to come forward.
The lucky ticket, purchased for just $2 at Lucky Corner in Manhattan, matched five numbers in Tuesday night’s drawing, securing the second-highest prize. However, the player narrowly missed the jackpot, falling just one number short.
With no grand prize winner, the Mega Millions jackpot has rolled over once again, now standing at an estimated $94 million, with a cash option of $42.3 million for the next drawing. The last jackpot was won on January 17, when a player in Arizona claimed $112 million—marking the first major win of 2025.
Taxes and Future Changes to Mega Millions
While winning big is thrilling, New York’s tax system means the $1 million prize will be significantly reduced before the player receives their payout. The federal government takes 24% on winnings over $5,000, while New York imposes an additional 10.9%—one of the highest state taxes on lottery prizes. By contrast, states like Florida and California do not tax lottery winnings at the state level.
Also Read – Luckiest Lottery Numbers Revealed – But Expert Shares the Real Way to Win
Big changes are also coming to Mega Millions in April 2025. The cost of a ticket will increase from $2 to $5, but officials promise larger starting jackpots, bigger prize pools, and faster-growing payouts. Lottery executives predict more billion-dollar jackpots and a greater number of millionaire winners in the coming years.
Joshua Johnston, lead director of the Mega Millions consortium, expressed enthusiasm about the upcoming changes:
“We expect to see more billion-dollar jackpots than ever before, creating even more millionaires while continuing to support important causes in states where Mega Millions is played.”
Responsible Gambling Reminder
Lottery officials remind players to gamble responsibly by setting spending limits, playing only with money they can afford to lose, and avoiding gambling when feeling stressed or emotional.
For those struggling with gambling addiction, help is available. Contact the National Gambling Helpline at 1-800-522-4700 or visit the National Council on Problem Gambling website.
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