The jackpot for the MEGA Millions draw on Fri Sep 5, 2025, is projected to be $336 Million, with an option for a cash payout of $151.3 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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
Wisconsin MEGA Millions Jackpot/Cash Option for Fri Sep 5, 2025 |
---|
Draw Date | Fri Sep 5, 2025 | Projected Jackpot | $336,000,000 | Cash Value | $151,300,000 |
Lumpsum Option Taxes and Payment |
---|
Cash Gross Payment | $151,300,000 | Federal Tax(24%) | $36,312,000 | Additional Federal Tax | $19,629,330 | State Tax(7.65%) | $11,574,450 | Net Lumpsum Payment | $83,784,220 |
Annuity Payment in 30 Installations |
---|
Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$5,057,136 |
$1,831,471 $386,871 |
$2,838,794 |
2 |
$5,310,144 |
$1,925,084 $406,226 |
$2,978,834 |
3 |
$5,575,584 |
$2,023,296 $426,532 |
$3,125,756 |
4 |
$5,854,464 |
$2,126,482 $447,866 |
$3,280,116 |
5 |
$6,147,120 |
$2,234,765 $470,255 |
$3,442,100 |
6 |
$6,454,560 |
$2,348,518 $493,774 |
$3,612,268 |
7 |
$6,777,120 |
$2,467,865 $518,450 |
$3,790,805 |
8 |
$7,116,144 |
$2,593,304 $544,385 |
$3,978,455 |
9 |
$7,471,968 |
$2,724,959 $571,606 |
$4,175,403 |
10 |
$7,845,600 |
$2,863,202 $600,188 |
$4,382,210 |
11 |
$8,237,712 |
$3,008,284 $630,185 |
$4,599,243 |
12 |
$8,649,648 |
$3,160,700 $661,698 |
$4,827,250 |
13 |
$9,082,080 |
$3,320,700 $694,779 |
$5,066,601 |
14 |
$9,536,352 |
$3,488,781 $729,531 |
$5,318,040 |
15 |
$10,013,136 |
$3,665,191 $766,005 |
$5,581,940 |
16 |
$10,513,776 |
$3,850,428 $804,304 |
$5,859,044 |
17 |
$11,039,280 |
$4,044,864 $844,505 |
$6,149,911 |
18 |
$11,591,328 |
$4,249,122 $886,737 |
$6,455,469 |
19 |
$12,170,928 |
$4,463,574 $931,076 |
$6,776,278 |
20 |
$12,779,424 |
$4,688,717 $977,626 |
$7,113,081 |
21 |
$13,418,496 |
$4,925,174 $1,026,515 |
$7,466,807 |
22 |
$14,089,488 |
$5,173,441 $1,077,846 |
$7,838,201 |
23 |
$14,793,744 |
$5,434,016 $1,131,721 |
$8,228,007 |
24 |
$15,533,616 |
$5,707,768 $1,188,322 |
$8,637,526 |
25 |
$16,310,112 |
$5,995,072 $1,247,724 |
$9,067,316 |
26 |
$17,125,920 |
$6,296,921 $1,310,133 |
$9,518,866 |
27 |
$17,982,048 |
$6,613,688 $1,375,627 |
$9,992,733 |
28 |
$18,881,184 |
$6,946,368 $1,444,411 |
$10,490,405 |
29 |
$19,825,344 |
$7,295,708 $1,516,639 |
$11,012,997 |
30 |
$20,816,544 |
$7,662,452 $1,592,466 |
$11,561,626 |
|
|