There is no state tax for lottery winnings in the state of Tennessee but you still owe federal taxes at a withholding rate of 24%. How much tax do you pay on Tennessee Mega Millions winnings? Tennessee Mega Millions ticket sales stop from 9:45 p.m. How late can you buy Mega Millions tickets in Tennessee? Mega Millions drawings are held every Tuesday and Friday at 10:00 p.m. When is the Tennessee Mega Millions draw?
Tennessee is one of the states that offers MegaPly ®, which can increase the non-jackpot prizes by 2, 3, 4, or 5 times for an additional $1 per play. You can also win non-grand prizes ranging from $1 to $1 million by matching one or more numbers as detailed in the Tennessee Mega Millions payouts and prize amounts chart above. You win the Mega Millions jackpot by matching all six numbers in the drawing. Tennessee Mega Millions FAQs How do you win the Tennessee Mega Millions? Powerball Calculator: Payout, Tax & Annuity Explained.Mega Millions Payout Calculator: Payout, Tax & Annuity Explained.Lottery Odds Calculator: Calculate Your Odds of Winning The Lottery.
