Kansas Lottery

KSLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Apr 18, 2025 is estimated to be $112 Million, with a cash option of 49.3 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Kansas, your state will take 5% of your lottery winnings.

Please note that the calculation of the MEGA Millions jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Kansas MEGA Millions Jackpot/Cash Option for Fri Apr 18, 2025

Draw Date	Jackpot	Cash Option
Fri Apr 18, 2025	$112,000,000	$49,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$49,300,000
Federal Tax(24%)	$11,832,000
Additional Federal Tax	$6,369,330
State Tax(5%)	$2,465,000
Net Lumpsum Payment	$28,633,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,685,712	-$584,044 -$84,286	$1,017,382
2	$1,770,048	-$615,248 -$88,502	$1,066,298
3	$1,858,528	-$647,986 -$92,926	$1,117,616
4	$1,951,488	-$682,381 -$97,574	$1,171,533
5	$2,049,040	-$718,475 -$102,452	$1,228,113
6	$2,151,520	-$756,393 -$107,576	$1,287,551
7	$2,259,040	-$796,175 -$112,952	$1,349,913
8	$2,372,048	-$837,988 -$118,602	$1,415,458
9	$2,490,656	-$881,873 -$124,533	$1,484,250
10	$2,615,200	-$927,954 -$130,760	$1,556,486
11	$2,745,904	-$976,315 -$137,295	$1,632,294
12	$2,883,216	-$1,027,120 -$144,161	$1,711,935
13	$3,027,360	-$1,080,454 -$151,368	$1,795,538
14	$3,178,784	-$1,136,480 -$158,939	$1,883,365
15	$3,337,712	-$1,195,284 -$166,886	$1,975,542
16	$3,504,592	-$1,257,029 -$175,230	$2,072,333
17	$3,679,760	-$1,321,842 -$183,988	$2,173,930
18	$3,863,776	-$1,389,928 -$193,189	$2,280,659
19	$4,056,976	-$1,461,412 -$202,849	$2,392,715
20	$4,259,808	-$1,536,459 -$212,990	$2,510,359
21	$4,472,832	-$1,615,278 -$223,642	$2,633,912
22	$4,696,496	-$1,698,034 -$234,825	$2,763,637
23	$4,931,248	-$1,784,892 -$246,562	$2,899,794
24	$5,177,872	-$1,876,143 -$258,894	$3,042,835
25	$5,436,704	-$1,971,911 -$271,835	$3,192,958
26	$5,708,640	-$2,072,527 -$285,432	$3,350,681
27	$5,994,016	-$2,178,116 -$299,701	$3,516,199
28	$6,293,728	-$2,289,010 -$314,686	$3,690,032
29	$6,608,448	-$2,405,456 -$330,422	$3,872,570
30	$6,938,848	-$2,527,704 -$346,942	$4,064,202