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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin MEGA Millions Jackpot/Cash Option for Tue Oct 14, 2025 |
|---|
| Draw Date | Tue Oct 14, 2025 | | Projected Jackpot | $600,000,000 | | Cash Value | $277,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $277,200,000 | | Federal Tax(24%) | $66,528,000 | | Additional Federal Tax | $35,996,330 | | State Tax(7.65%) | $21,205,800 | | Net Lumpsum Payment | $153,469,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,030,600 |
$3,301,652
$690,841 |
$5,038,107 |
| 2 |
$9,482,400 |
$3,468,818
$725,404 |
$5,288,178 |
| 3 |
$9,956,400 |
$3,644,198
$761,665 |
$5,550,537 |
| 4 |
$10,454,400 |
$3,828,458
$799,762 |
$5,826,180 |
| 5 |
$10,977,000 |
$4,021,820
$839,741 |
$6,115,439 |
| 6 |
$11,526,000 |
$4,224,950
$881,739 |
$6,419,311 |
| 7 |
$12,102,000 |
$4,438,070
$925,803 |
$6,738,127 |
| 8 |
$12,707,400 |
$4,662,068
$972,116 |
$7,073,216 |
| 9 |
$13,342,800 |
$4,897,166
$1,020,724 |
$7,424,910 |
| 10 |
$14,010,000 |
$5,144,030
$1,071,765 |
$7,794,205 |
| 11 |
$14,710,200 |
$5,403,104
$1,125,330 |
$8,181,766 |
| 12 |
$15,445,800 |
$5,675,276
$1,181,604 |
$8,588,920 |
| 13 |
$16,218,000 |
$5,960,990
$1,240,677 |
$9,016,333 |
| 14 |
$17,029,200 |
$6,261,134
$1,302,734 |
$9,465,332 |
| 15 |
$17,880,600 |
$6,576,152
$1,367,866 |
$9,936,582 |
| 16 |
$18,774,600 |
$6,906,932
$1,436,257 |
$10,431,411 |
| 17 |
$19,713,000 |
$7,254,140
$1,508,045 |
$10,950,815 |
| 18 |
$20,698,800 |
$7,618,886
$1,583,458 |
$11,496,456 |
| 19 |
$21,733,800 |
$8,001,836
$1,662,636 |
$12,069,328 |
| 20 |
$22,820,400 |
$8,403,878
$1,745,761 |
$12,670,761 |
| 21 |
$23,961,600 |
$8,826,122
$1,833,062 |
$13,302,416 |
| 22 |
$25,159,800 |
$9,269,456
$1,924,725 |
$13,965,619 |
| 23 |
$26,417,400 |
$9,734,768
$2,020,931 |
$14,661,701 |
| 24 |
$27,738,600 |
$10,223,612
$2,122,003 |
$15,392,985 |
| 25 |
$29,125,200 |
$10,736,654
$2,228,078 |
$16,160,468 |
| 26 |
$30,582,000 |
$11,275,670
$2,339,523 |
$16,966,807 |
| 27 |
$32,110,800 |
$11,841,326
$2,456,476 |
$17,812,998 |
| 28 |
$33,716,400 |
$12,435,398
$2,579,305 |
$18,701,697 |
| 29 |
$35,402,400 |
$13,059,218
$2,708,284 |
$19,634,898 |
| 30 |
$37,172,400 |
$13,714,118
$2,843,689 |
$20,614,593 |
|
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