Mega Millions Winning Numbers September 1: Watch $74 Mil Jackpot Drawing Live Online

Do you have the winning Mega Millions numbers for the September 1 drawing? There’s a $74 million jackpot up for grabs on Tuesday night. Match all six numbers, and you will be the first lottery player to win the jackpot since a lucky lottery player in Missouri won $25 million on July 31.

Download the free LotteryHUB app for iPhone or Android devices and watch the Mega Millions drawings live at 11 p.m. ET on Tuesday and Friday nights.

The winning numbers for September 1 are: 2, 5, 35, 40, 54 MB 13 MP x5

What will you do with your windfall if you are lucky enough to win the jackpot tonight? Before you start thinking about what to spend your money on, sign your ticket and hire a good legal team. Check out these helpful tips for lottery winners on Boston.com — the tips will point you in the right direction so you can make the most of your good fortune.

The Mega Millions lottery game has been around awhile. It started out as the Big Game back in 1996 and was initially offered in six states —Georgia, Illinois, Maryland, Massachusetts, Michigan, and Virginia. Mega Millions tickets are now sold at lottery retailers in 44 states, the District of Columbia, and the U.S. Virgin Islands.

Tickets cost $1 each, but you can pay an extra $1 to add the Megaplier option. This feature multiplies the amount of the non-jackpot prizes by as much as five times. Non-jackpot prizes range from $1 (match just the Megaball) to $1 million (match all five white balls, no Megaball).

Tonight’s $74 million jackpot isn’t the biggest in the history of the game, but it’s still a great return on a $1 investment. According to CBS, the biggest jackpot ever awarded in the popular lottery game was a $656 million grand prize given away on March 30, 2012. Three people split the massive jackpot, with winning tickets sold in Kansas, Illinois, and Maryland.

If you win tonight’s $74 million jackpot, you will have to choose between a one-time payment based on the cash value of the jackpot or a 30-year annuity. The lump sum payment would be approximately $46.1 million, and the yearly annuity payments would average $2,466,667 each over the course of 3o years.

Federal and state taxes will be deducted from lottery winnings before a check is issued. According to The Nest, if you owe back taxes or are behind on your child support, the amount you owe may also be deducted.

What would you do with the money if you won Tuesday night’s Mega Millions jackpot?

[Image: Justin Sullivan/Getty Images]