The jackpot for the MEGA Millions draw on Tue Jun 10, 2025, is projected to be $243 Million, with an option for a cash payout of $108 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 Tue Jun 10, 2025 |
|---|
| Draw Date | Tue Jun 10, 2025 | | Projected Jackpot | $243,000,000 | | Cash Value | $108,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $108,000,000 | | Federal Tax(24%) | $25,920,000 | | Additional Federal Tax | $14,000,330 | | State Tax(7.65%) | $8,262,000 | | Net Lumpsum Payment | $59,817,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,657,393 |
$1,313,566
$279,791 |
$2,064,036 |
| 2 |
$3,840,372 |
$1,381,268
$293,788 |
$2,165,316 |
| 3 |
$4,032,342 |
$1,452,297
$308,474 |
$2,271,571 |
| 4 |
$4,234,032 |
$1,526,922
$323,903 |
$2,383,207 |
| 5 |
$4,445,685 |
$1,605,234
$340,095 |
$2,500,356 |
| 6 |
$4,668,030 |
$1,687,501
$357,104 |
$2,623,425 |
| 7 |
$4,901,310 |
$1,773,815
$374,950 |
$2,752,545 |
| 8 |
$5,146,497 |
$1,864,534
$393,707 |
$2,888,256 |
| 9 |
$5,403,834 |
$1,959,749
$413,393 |
$3,030,692 |
| 10 |
$5,674,050 |
$2,059,729
$434,065 |
$3,180,256 |
| 11 |
$5,957,631 |
$2,164,654
$455,759 |
$3,337,218 |
| 12 |
$6,255,549 |
$2,274,884
$478,549 |
$3,502,116 |
| 13 |
$6,568,290 |
$2,390,598
$502,474 |
$3,675,218 |
| 14 |
$6,896,826 |
$2,512,156
$527,607 |
$3,857,063 |
| 15 |
$7,241,643 |
$2,639,738
$553,986 |
$4,047,919 |
| 16 |
$7,603,713 |
$2,773,704
$581,684 |
$4,248,325 |
| 17 |
$7,983,765 |
$2,914,323
$610,758 |
$4,458,684 |
| 18 |
$8,383,014 |
$3,062,046
$641,301 |
$4,679,667 |
| 19 |
$8,802,189 |
$3,217,140
$673,367 |
$4,911,682 |
| 20 |
$9,242,262 |
$3,379,967
$707,033 |
$5,155,262 |
| 21 |
$9,704,448 |
$3,550,976
$742,390 |
$5,411,082 |
| 22 |
$10,189,719 |
$3,730,526
$779,514 |
$5,679,679 |
| 23 |
$10,699,047 |
$3,918,978
$818,477 |
$5,961,592 |
| 24 |
$11,234,133 |
$4,116,960
$859,411 |
$6,257,762 |
| 25 |
$11,795,706 |
$4,324,742
$902,372 |
$6,568,592 |
| 26 |
$12,385,710 |
$4,543,043
$947,507 |
$6,895,160 |
| 27 |
$13,004,874 |
$4,772,134
$994,873 |
$7,237,867 |
| 28 |
$13,655,142 |
$5,012,733
$1,044,618 |
$7,597,791 |
| 29 |
$14,337,972 |
$5,265,380
$1,096,855 |
$7,975,737 |
| 30 |
$15,054,822 |
$5,530,615
$1,151,694 |
$8,372,513 |
|
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