The jackpot for the MEGA Millions draw on Tue Oct 14, 2025, is projected to be $600 Million, with an option for a cash payout of $277.2 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 Oct 14, 2025 |
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Draw Date | Tue Oct 14, 2025 | Projected Jackpot | $600,000,000 | Cash Value | $277,200,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $277,200,000 | Federal Tax(24%) | $66,528,000 | Additional Federal Tax | $35,996,330 | State Tax(3.07%) | $8,510,040 | Net Lumpsum Payment | $166,165,630 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$9,030,600 |
$3,301,652 $277,239 |
$5,451,709 |
2 |
$9,482,400 |
$3,468,818 $291,110 |
$5,722,472 |
3 |
$9,956,400 |
$3,644,198 $305,661 |
$6,006,541 |
4 |
$10,454,400 |
$3,828,458 $320,950 |
$6,304,992 |
5 |
$10,977,000 |
$4,021,820 $336,994 |
$6,618,186 |
6 |
$11,526,000 |
$4,224,950 $353,848 |
$6,947,202 |
7 |
$12,102,000 |
$4,438,070 $371,531 |
$7,292,399 |
8 |
$12,707,400 |
$4,662,068 $390,117 |
$7,655,215 |
9 |
$13,342,800 |
$4,897,166 $409,624 |
$8,036,010 |
10 |
$14,010,000 |
$5,144,030 $430,107 |
$8,435,863 |
11 |
$14,710,200 |
$5,403,104 $451,603 |
$8,855,493 |
12 |
$15,445,800 |
$5,675,276 $474,186 |
$9,296,338 |
13 |
$16,218,000 |
$5,960,990 $497,893 |
$9,759,117 |
14 |
$17,029,200 |
$6,261,134 $522,796 |
$10,245,270 |
15 |
$17,880,600 |
$6,576,152 $548,934 |
$10,755,514 |
16 |
$18,774,600 |
$6,906,932 $576,380 |
$11,291,288 |
17 |
$19,713,000 |
$7,254,140 $605,189 |
$11,853,671 |
18 |
$20,698,800 |
$7,618,886 $635,453 |
$12,444,461 |
19 |
$21,733,800 |
$8,001,836 $667,228 |
$13,064,736 |
20 |
$22,820,400 |
$8,403,878 $700,586 |
$13,715,936 |
21 |
$23,961,600 |
$8,826,122 $735,621 |
$14,399,857 |
22 |
$25,159,800 |
$9,269,456 $772,406 |
$15,117,938 |
23 |
$26,417,400 |
$9,734,768 $811,014 |
$15,871,618 |
24 |
$27,738,600 |
$10,223,612 $851,575 |
$16,663,413 |
25 |
$29,125,200 |
$10,736,654 $894,144 |
$17,494,402 |
26 |
$30,582,000 |
$11,275,670 $938,867 |
$18,367,463 |
27 |
$32,110,800 |
$11,841,326 $985,802 |
$19,283,672 |
28 |
$33,716,400 |
$12,435,398 $1,035,093 |
$20,245,909 |
29 |
$35,402,400 |
$13,059,218 $1,086,854 |
$21,256,328 |
30 |
$37,172,400 |
$13,714,118 $1,141,193 |
$22,317,089 |
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