Jackpot Analysis Wisconsin Mega Millions

Jackpot Analysis for Wisconsin Mega Millions
The jackpot for the MEGA Millions draw on Fri Jul 25, 2025, is projected to be $120 Million, with an option for a cash payout of $52.8 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 Jul 25, 2025
Draw DateFri Jul 25, 2025
Projected Jackpot$120,000,000
Cash Value$52,800,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$52,800,000
Federal Tax(24%)$12,672,000
Additional Federal Tax$6,824,330
State Tax(7.65%)$4,039,200
Net Lumpsum Payment$29,264,470
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $1,806,120 $628,595
$138,168
$1,039,357
2 $1,896,480 $662,028
$145,081
$1,089,371
3 $1,991,280 $697,104
$152,333
$1,141,843
4 $2,090,880 $733,956
$159,952
$1,196,972
5 $2,195,400 $772,628
$167,948
$1,254,824
6 $2,305,200 $813,254
$176,348
$1,315,598
7 $2,420,400 $855,878
$185,161
$1,379,361
8 $2,541,480 $900,678
$194,423
$1,446,379
9 $2,668,560 $947,698
$204,145
$1,516,717
10 $2,802,000 $997,070
$214,353
$1,590,577
11 $2,942,040 $1,048,885
$225,066
$1,668,089
12 $3,089,160 $1,103,320
$236,321
$1,749,519
13 $3,243,600 $1,160,462
$248,135
$1,835,003
14 $3,405,840 $1,220,491
$260,547
$1,924,802
15 $3,576,120 $1,283,495
$273,573
$2,019,052
16 $3,754,920 $1,349,651
$287,251
$2,118,018
17 $3,942,600 $1,419,092
$301,609
$2,221,899
18 $4,139,760 $1,492,042
$316,692
$2,331,026
19 $4,346,760 $1,568,632
$332,527
$2,445,601
20 $4,564,080 $1,649,040
$349,152
$2,565,888
21 $4,792,320 $1,733,489
$366,612
$2,692,219
22 $5,031,960 $1,822,156
$384,945
$2,824,859
23 $5,283,480 $1,915,218
$404,186
$2,964,076
24 $5,547,720 $2,012,987
$424,401
$3,110,332
25 $5,825,040 $2,115,595
$445,616
$3,263,829
26 $6,116,400 $2,223,398
$467,905
$3,425,097
27 $6,422,160 $2,336,530
$491,295
$3,594,335
28 $6,743,280 $2,455,344
$515,861
$3,772,075
29 $7,080,480 $2,580,108
$541,657
$3,958,715
30 $7,434,480 $2,711,088
$568,738
$4,154,654