R.I. would make $23M off jackpot winner

PROVIDENCE – If a Rhode Islander wins today’s record $540 million Mega Millions jackpot, the Ocean State’s coffers could pull in as much as $23.3 million, according to the Associated Press.

The lump-sum payout on a lone Mega Millions jackpot-winner would be an estimated $389.8 million.

In Rhode Island, where taxes collect 5.99 percent of winnings, the state would land an estimated $23.3 million.

The money could help balance the current $22 million budget gap for school district aid or cover most of the $25 million bond for affordable housing voters could see on the ballots this fall, according to the news organization.

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The Rhode Island government will already see more than its fair share of lottery taxes this year.

An 81-year-old Newport woman won the $336.4 million Feb. 11 jackpot and the March 7 winning ticket for $60 million was also sold in the Ocean State.

The Rhode Island Association of School Committees asked the state to use the $17 million windfall in place of a $20 million bond to improve technology and wireless Internet in schools.

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