Missouri Lottery

MOLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Aug 22, 2025 is estimated to be $234 Million, with a cash option of 105.1 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 Fri Aug 22, 2025

Draw Date	Jackpot	Cash Option
Fri Aug 22, 2025	$234,000,000	$105,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$105,100,000
Federal Tax(24%)	$25,224,000
Additional Federal Tax	$13,623,330
State Tax(4%)	$4,204,000
Net Lumpsum Payment	$62,048,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,521,934	-$1,263,446 -$140,877	$2,117,611
2	$3,698,136	-$1,328,641 -$147,925	$2,221,570
3	$3,882,996	-$1,397,039 -$155,320	$2,330,637
4	$4,077,216	-$1,468,900 -$163,089	$2,445,227
5	$4,281,030	-$1,544,311 -$171,241	$2,565,478
6	$4,495,140	-$1,623,532 -$179,806	$2,691,802
7	$4,719,780	-$1,706,649 -$188,791	$2,824,340
8	$4,955,886	-$1,794,008 -$198,235	$2,963,643
9	$5,203,692	-$1,885,696 -$208,148	$3,109,848
10	$5,463,900	-$1,981,973 -$218,556	$3,263,371
11	$5,736,978	-$2,083,012 -$229,479	$3,424,487
12	$6,023,862	-$2,189,159 -$240,954	$3,593,749
13	$6,325,020	-$2,300,588 -$253,001	$3,771,431
14	$6,641,388	-$2,417,644 -$265,656	$3,958,088
15	$6,973,434	-$2,540,501 -$278,937	$4,153,996
16	$7,322,094	-$2,669,505 -$292,884	$4,359,705
17	$7,688,070	-$2,804,916 -$307,523	$4,575,631
18	$8,072,532	-$2,947,167 -$322,901	$4,802,464
19	$8,476,182	-$3,096,518 -$339,047	$5,040,617
20	$8,899,956	-$3,253,314 -$355,998	$5,290,644
21	$9,345,024	-$3,417,989 -$373,801	$5,553,234
22	$9,812,322	-$3,590,890 -$392,493	$5,828,939
23	$10,302,786	-$3,772,361 -$412,111	$6,118,314
24	$10,818,054	-$3,963,010 -$432,722	$6,422,322
25	$11,358,828	-$4,163,097 -$454,353	$6,741,378
26	$11,926,980	-$4,373,313 -$477,079	$7,076,588
27	$12,523,212	-$4,593,919 -$500,928	$7,428,365
28	$13,149,396	-$4,825,607 -$525,976	$7,797,813
29	$13,806,936	-$5,068,897 -$552,277	$8,185,762
30	$14,497,236	-$5,324,308 -$579,889	$8,593,039