Louisiana Lottery

LALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri May 30, 2025 is estimated to be $189 Million, with a cash option of 82.7 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 Louisiana, your state will take 4.75% 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.

Louisiana MEGA Millions Jackpot/Cash Option for Fri May 30, 2025

Draw Date	Jackpot	Cash Option
Fri May 30, 2025	$189,000,000	$82,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$82,700,000
Federal Tax(24%)	$19,848,000
Additional Federal Tax	$10,711,330
State Tax(4.75%)	$3,928,250
Net Lumpsum Payment	$48,212,420

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,844,639	-$1,012,847 -$135,120	$1,696,672
2	$2,986,956	-$1,065,504 -$141,880	$1,779,572
3	$3,136,266	-$1,120,749 -$148,973	$1,866,544
4	$3,293,136	-$1,178,791 -$156,424	$1,957,921
5	$3,457,755	-$1,239,700 -$164,243	$2,053,812
6	$3,630,690	-$1,303,686 -$172,458	$2,154,546
7	$3,812,130	-$1,370,818 -$181,076	$2,260,236
8	$4,002,831	-$1,441,378 -$190,134	$2,371,319
9	$4,202,982	-$1,515,434 -$199,642	$2,487,906
10	$4,413,150	-$1,593,196 -$209,625	$2,610,329
11	$4,633,713	-$1,674,804 -$220,101	$2,738,808
12	$4,865,427	-$1,760,538 -$231,108	$2,873,781
13	$5,108,670	-$1,850,538 -$242,662	$3,015,470
14	$5,364,198	-$1,945,084 -$254,799	$3,164,315
15	$5,632,389	-$2,044,314 -$267,538	$3,320,537
16	$5,913,999	-$2,148,510 -$280,915	$3,484,574
17	$6,209,595	-$2,257,881 -$294,956	$3,656,758
18	$6,520,122	-$2,372,776 -$309,706	$3,837,640
19	$6,846,147	-$2,493,405 -$325,192	$4,027,550
20	$7,188,426	-$2,620,048 -$341,450	$4,226,928
21	$7,547,904	-$2,753,055 -$358,525	$4,436,324
22	$7,925,337	-$2,892,705 -$376,454	$4,656,178
23	$8,321,481	-$3,039,278 -$395,270	$4,886,933
24	$8,737,659	-$3,193,264 -$415,039	$5,129,356
25	$9,174,438	-$3,354,872 -$435,786	$5,383,780
26	$9,633,330	-$3,524,662 -$457,583	$5,651,085
27	$10,114,902	-$3,702,844 -$480,458	$5,931,600
28	$10,620,666	-$3,889,977 -$504,482	$6,226,207
29	$11,151,756	-$4,086,480 -$529,708	$6,535,568
30	$11,709,306	-$4,292,774 -$556,192	$6,860,340