The jackpot for the MEGA Millions draw on Tue May 13, 2025, is projected to be $110 Million, with an option for a cash payout of $49.4 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania MEGA Millions Jackpot/Cash Option for Tue May 13, 2025 |
|---|
| Draw Date | Tue May 13, 2025 | | Projected Jackpot | $110,000,000 | | Cash Value | $49,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $49,400,000 | | Federal Tax(24%) | $11,856,000 | | Additional Federal Tax | $6,382,330 | | State Tax(3.07%) | $1,516,580 | | Net Lumpsum Payment | $29,645,090 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,655,610 |
$572,906
$50,827 |
$1,031,877 |
| 2 |
$1,738,440 |
$603,553
$53,370 |
$1,081,517 |
| 3 |
$1,825,340 |
$635,706
$56,038 |
$1,133,596 |
| 4 |
$1,916,640 |
$669,487
$58,841 |
$1,188,312 |
| 5 |
$2,012,450 |
$704,937
$61,782 |
$1,245,731 |
| 6 |
$2,113,100 |
$742,177
$64,872 |
$1,306,051 |
| 7 |
$2,218,700 |
$781,249
$68,114 |
$1,369,337 |
| 8 |
$2,329,690 |
$822,316
$71,521 |
$1,435,853 |
| 9 |
$2,446,180 |
$865,417
$75,098 |
$1,505,665 |
| 10 |
$2,568,500 |
$910,675
$78,853 |
$1,578,972 |
| 11 |
$2,696,870 |
$958,172
$82,794 |
$1,655,904 |
| 12 |
$2,831,730 |
$1,008,070
$86,934 |
$1,736,726 |
| 13 |
$2,973,300 |
$1,060,451
$91,280 |
$1,821,569 |
| 14 |
$3,122,020 |
$1,115,478
$95,846 |
$1,910,696 |
| 15 |
$3,278,110 |
$1,173,231
$100,638 |
$2,004,241 |
| 16 |
$3,442,010 |
$1,233,874
$105,670 |
$2,102,466 |
| 17 |
$3,614,050 |
$1,297,529
$110,951 |
$2,205,570 |
| 18 |
$3,794,780 |
$1,364,399
$116,500 |
$2,313,881 |
| 19 |
$3,984,530 |
$1,434,606
$122,325 |
$2,427,599 |
| 20 |
$4,183,740 |
$1,508,314
$128,441 |
$2,546,985 |
| 21 |
$4,392,960 |
$1,585,726
$134,864 |
$2,672,370 |
| 22 |
$4,612,630 |
$1,667,003
$141,608 |
$2,804,019 |
| 23 |
$4,843,190 |
$1,752,311
$148,686 |
$2,942,193 |
| 24 |
$5,085,410 |
$1,841,932
$156,122 |
$3,087,356 |
| 25 |
$5,339,620 |
$1,935,990
$163,926 |
$3,239,704 |
| 26 |
$5,606,700 |
$2,034,809
$172,126 |
$3,399,765 |
| 27 |
$5,886,980 |
$2,138,513
$180,730 |
$3,567,737 |
| 28 |
$6,181,340 |
$2,247,426
$189,767 |
$3,744,147 |
| 29 |
$6,490,440 |
$2,361,793
$199,257 |
$3,929,390 |
| 30 |
$6,814,940 |
$2,481,858
$209,219 |
$4,123,863 |
|
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