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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania MEGA Millions Jackpot/Cash Option for Tue Aug 12, 2025 |
|---|
| Draw Date | Tue Aug 12, 2025 | | Projected Jackpot | $182,000,000 | | Cash Value | $82,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $82,100,000 | | Federal Tax(24%) | $19,704,000 | | Additional Federal Tax | $10,633,330 | | State Tax(3.07%) | $2,520,470 | | Net Lumpsum Payment | $49,242,200 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,739,282 |
$973,865
$84,096 |
$1,681,321 |
| 2 |
$2,876,328 |
$1,024,572
$88,303 |
$1,763,453 |
| 3 |
$3,020,108 |
$1,077,770
$92,717 |
$1,849,621 |
| 4 |
$3,171,168 |
$1,133,663
$97,355 |
$1,940,150 |
| 5 |
$3,329,690 |
$1,192,316
$102,221 |
$2,035,153 |
| 6 |
$3,496,220 |
$1,253,932
$107,334 |
$2,134,954 |
| 7 |
$3,670,940 |
$1,318,578
$112,698 |
$2,239,664 |
| 8 |
$3,854,578 |
$1,386,524
$118,336 |
$2,349,718 |
| 9 |
$4,047,316 |
$1,457,837
$124,253 |
$2,465,226 |
| 10 |
$4,249,700 |
$1,532,719
$130,466 |
$2,586,515 |
| 11 |
$4,462,094 |
$1,611,305
$136,986 |
$2,713,803 |
| 12 |
$4,685,226 |
$1,693,864
$143,836 |
$2,847,526 |
| 13 |
$4,919,460 |
$1,780,531
$151,027 |
$2,987,902 |
| 14 |
$5,165,524 |
$1,871,574
$158,582 |
$3,135,368 |
| 15 |
$5,423,782 |
$1,967,130
$166,510 |
$3,290,142 |
| 16 |
$5,694,962 |
$2,067,466
$174,835 |
$3,452,661 |
| 17 |
$5,979,610 |
$2,172,786
$183,574 |
$3,623,250 |
| 18 |
$6,278,636 |
$2,283,426
$192,754 |
$3,802,456 |
| 19 |
$6,592,586 |
$2,399,587
$202,392 |
$3,990,607 |
| 20 |
$6,922,188 |
$2,521,540
$212,511 |
$4,188,137 |
| 21 |
$7,268,352 |
$2,649,621
$223,138 |
$4,395,593 |
| 22 |
$7,631,806 |
$2,784,099
$234,296 |
$4,613,411 |
| 23 |
$8,013,278 |
$2,925,243
$246,008 |
$4,842,027 |
| 24 |
$8,414,042 |
$3,073,526
$258,311 |
$5,082,205 |
| 25 |
$8,834,644 |
$3,229,149
$271,224 |
$5,334,271 |
| 26 |
$9,276,540 |
$3,392,650
$284,790 |
$5,599,100 |
| 27 |
$9,740,276 |
$3,564,233
$299,026 |
$5,877,017 |
| 28 |
$10,227,308 |
$3,744,434
$313,978 |
$6,168,896 |
| 29 |
$10,738,728 |
$3,933,660
$329,679 |
$6,475,389 |
| 30 |
$11,275,628 |
$4,132,313
$346,162 |
$6,797,153 |
|
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