Katy Perry and Orlando Bloom made a rare united appearance on the red carpet, dressed elegantly in matched black ensembles.
After taxes, the winner will receive hundreds of millions of dollars, but this will still be less than half of the winning amount.
event that a player matches all six numbers during Tuesday's drawing, they will be given the choice between a $401.8 million cash option and $800 million in prize money distributed over 30 years.
After deducting the 24% and 37% federal taxes, the winner who choose the $26.6 million yearly prize will receive $16.8 million annually.
After a 24% federal tax is deducted, the $401.8 million lump settlement will be reduced to $305.4 million.
State taxes could also apply depending on the winner’s place of residence, with states like New York charging a 10.9% tax, while states such as California,
State taxes could also apply depending on the winner’s place of residence, with states like New York charging a 10.9% tax, while states such as California,
The winner's winnings will be further reduced by their taxable income, which may result in additional federal taxes of up to 37%, bringing the lump sum down to $253.2 million.
Depending on where the winner resides, state taxes may also be applicable. For example, New York levies a 10.9% tax on winners' earnings, whereas California, Florida, and Texas do not tax winners'