Missouri Lottery

MOLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 16, 2025 is estimated to be $400 Million, with a cash option of 185.8 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 Missouri, your state will take 4% 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.

Missouri MEGA Millions Jackpot/Cash Option for Tue Sep 16, 2025

Draw Date	Jackpot	Cash Option
Tue Sep 16, 2025	$400,000,000	$185,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$185,800,000
Federal Tax(24%)	$44,592,000
Additional Federal Tax	$24,114,330
State Tax(4%)	$7,432,000
Net Lumpsum Payment	$109,661,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,020,400	-$2,187,878 -$240,816	$3,591,706
2	$6,321,600	-$2,299,322 -$252,864	$3,769,414
3	$6,637,600	-$2,416,242 -$265,504	$3,955,854
4	$6,969,600	-$2,539,082 -$278,784	$4,151,734
5	$7,318,000	-$2,667,990 -$292,720	$4,357,290
6	$7,684,000	-$2,803,410 -$307,360	$4,573,230
7	$8,068,000	-$2,945,490 -$322,720	$4,799,790
8	$8,471,600	-$3,094,822 -$338,864	$5,037,914
9	$8,895,200	-$3,251,554 -$355,808	$5,287,838
10	$9,340,000	-$3,416,130 -$373,600	$5,550,270
11	$9,806,800	-$3,588,846 -$392,272	$5,825,682
12	$10,297,200	-$3,770,294 -$411,888	$6,115,018
13	$10,812,000	-$3,960,770 -$432,480	$6,418,750
14	$11,352,800	-$4,160,866 -$454,112	$6,737,822
15	$11,920,400	-$4,370,878 -$476,816	$7,072,706
16	$12,516,400	-$4,591,398 -$500,656	$7,424,346
17	$13,142,000	-$4,822,870 -$525,680	$7,793,450
18	$13,799,200	-$5,066,034 -$551,968	$8,181,198
19	$14,489,200	-$5,321,334 -$579,568	$8,588,298
20	$15,213,600	-$5,589,362 -$608,544	$9,015,694
21	$15,974,400	-$5,870,858 -$638,976	$9,464,566
22	$16,773,200	-$6,166,414 -$670,928	$9,935,858
23	$17,611,600	-$6,476,622 -$704,464	$10,430,514
24	$18,492,400	-$6,802,518 -$739,696	$10,950,186
25	$19,416,800	-$7,144,546 -$776,672	$11,495,582
26	$20,388,000	-$7,503,890 -$815,520	$12,068,590
27	$21,407,200	-$7,880,994 -$856,288	$12,669,918
28	$22,477,600	-$8,277,042 -$899,104	$13,301,454
29	$23,601,600	-$8,692,922 -$944,064	$13,964,614
30	$24,781,600	-$9,129,522 -$991,264	$14,660,814