Louisiana Lottery

LALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Oct 10, 2025 is estimated to be $575 Million, with a cash option of 264.6 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 Oct 10, 2025

Draw Date	Jackpot	Cash Option
Fri Oct 10, 2025	$575,000,000	$264,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$264,600,000
Federal Tax(24%)	$63,504,000
Additional Federal Tax	$34,358,330
State Tax(4.75%)	$12,568,500
Net Lumpsum Payment	$154,169,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,654,325	-$3,162,431 -$411,080	$5,080,814
2	$9,087,300	-$3,322,631 -$431,647	$5,333,022
3	$9,541,550	-$3,490,704 -$453,224	$5,597,622
4	$10,018,800	-$3,667,286 -$475,893	$5,875,621
5	$10,519,625	-$3,852,592 -$499,682	$6,167,351
6	$11,045,750	-$4,047,258 -$524,673	$6,473,819
7	$11,597,750	-$4,251,498 -$550,893	$6,795,359
8	$12,177,925	-$4,466,163 -$578,451	$7,133,311
9	$12,786,850	-$4,691,465 -$607,375	$7,488,010
10	$13,426,250	-$4,928,043 -$637,747	$7,860,460
11	$14,097,275	-$5,176,322 -$669,621	$8,251,332
12	$14,802,225	-$5,437,154 -$703,106	$8,661,965
13	$15,542,250	-$5,710,963 -$738,257	$9,093,030
14	$16,319,650	-$5,998,601 -$775,183	$9,545,866
15	$17,135,575	-$6,300,493 -$813,940	$10,021,142
16	$17,992,325	-$6,617,491 -$854,635	$10,520,199
17	$18,891,625	-$6,950,232 -$897,352	$11,044,041
18	$19,836,350	-$7,299,780 -$942,227	$11,594,343
19	$20,828,225	-$7,666,774 -$989,341	$12,172,110
20	$21,869,550	-$8,052,064 -$1,038,804	$12,778,682
21	$22,963,200	-$8,456,714 -$1,090,752	$13,415,734
22	$24,111,475	-$8,881,576 -$1,145,295	$14,084,604
23	$25,316,675	-$9,327,500 -$1,202,542	$14,786,633
24	$26,582,825	-$9,795,976 -$1,262,684	$15,524,165
25	$27,911,650	-$10,287,641 -$1,325,803	$16,298,206
26	$29,307,750	-$10,804,198 -$1,392,118	$17,111,434
27	$30,772,850	-$11,346,285 -$1,461,710	$17,964,855
28	$32,311,550	-$11,915,604 -$1,534,799	$18,861,147
29	$33,927,300	-$12,513,431 -$1,611,547	$19,802,322
30	$35,623,550	-$13,141,044 -$1,692,119	$20,790,387