The jackpot for the MEGA Millions draw on Tue Aug 12, 2025, is projected to be $182 Million, with an option for a cash payout of $82.1 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Missouri residents, the state will deduct 4% from your lottery earnings.
Missouri MEGA Millions Jackpot/Cash Option for Tue Aug 12, 2025 |
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Draw Date | Tue Aug 12, 2025 | Projected Jackpot | $182,000,000 | Cash Value | $82,100,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $82,100,000 | Federal Tax(24%) | $19,704,000 | Additional Federal Tax | $10,633,330 | State Tax(4%) | $3,284,000 | Net Lumpsum Payment | $48,478,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$2,739,282 |
$973,865 $109,571 |
$1,655,846 |
2 |
$2,876,328 |
$1,024,572 $115,053 |
$1,736,703 |
3 |
$3,020,108 |
$1,077,770 $120,804 |
$1,821,534 |
4 |
$3,171,168 |
$1,133,663 $126,847 |
$1,910,658 |
5 |
$3,329,690 |
$1,192,316 $133,188 |
$2,004,186 |
6 |
$3,496,220 |
$1,253,932 $139,849 |
$2,102,439 |
7 |
$3,670,940 |
$1,318,578 $146,838 |
$2,205,524 |
8 |
$3,854,578 |
$1,386,524 $154,183 |
$2,313,871 |
9 |
$4,047,316 |
$1,457,837 $161,893 |
$2,427,586 |
10 |
$4,249,700 |
$1,532,719 $169,988 |
$2,546,993 |
11 |
$4,462,094 |
$1,611,305 $178,484 |
$2,672,305 |
12 |
$4,685,226 |
$1,693,864 $187,409 |
$2,803,953 |
13 |
$4,919,460 |
$1,780,531 $196,778 |
$2,942,151 |
14 |
$5,165,524 |
$1,871,574 $206,621 |
$3,087,329 |
15 |
$5,423,782 |
$1,967,130 $216,951 |
$3,239,701 |
16 |
$5,694,962 |
$2,067,466 $227,798 |
$3,399,698 |
17 |
$5,979,610 |
$2,172,786 $239,184 |
$3,567,640 |
18 |
$6,278,636 |
$2,283,426 $251,145 |
$3,744,065 |
19 |
$6,592,586 |
$2,399,587 $263,703 |
$3,929,296 |
20 |
$6,922,188 |
$2,521,540 $276,888 |
$4,123,760 |
21 |
$7,268,352 |
$2,649,621 $290,734 |
$4,327,997 |
22 |
$7,631,806 |
$2,784,099 $305,272 |
$4,542,435 |
23 |
$8,013,278 |
$2,925,243 $320,531 |
$4,767,504 |
24 |
$8,414,042 |
$3,073,526 $336,562 |
$5,003,954 |
25 |
$8,834,644 |
$3,229,149 $353,386 |
$5,252,109 |
26 |
$9,276,540 |
$3,392,650 $371,062 |
$5,512,828 |
27 |
$9,740,276 |
$3,564,233 $389,611 |
$5,786,432 |
28 |
$10,227,308 |
$3,744,434 $409,092 |
$6,073,782 |
29 |
$10,738,728 |
$3,933,660 $429,549 |
$6,375,519 |
30 |
$11,275,628 |
$4,132,313 $451,025 |
$6,692,290 |
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