Wednesday, January 5, 2011

Mega Millions Winners

Mega Millions Winners - Local Mega Millions winner could mean windfall for ailing governments. n the District, a sole winner who accepts the lump cash payment of $224.2 million would pump a full $19 million into the coffers of a city anticipating a fiscal 2012 shortfall of $400 million or more, via an 8.5 percent withholding for income tax. (That's after the feds take 25 percent, or $76.8 million.)

Tonight, some lucky person might win the $355 million Mega Million multi-state lottery jackpot, which is sold in the District, Maryland and Virginia, among other states. And while thousands of people across the region are lining up to buy tickets, there's a reason to root for an area resident even if you don't personally win: A local winner could mean a serious windfall for government treasuries in dire need of help these days.


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