Missouri Lottery

MOLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Jun 3, 2025 is estimated to be $202 Million, with a cash option of 90 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 Jun 3, 2025

Draw Date	Jackpot	Cash Option
Tue Jun 3, 2025	$202,000,000	$90,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$90,000,000
Federal Tax(24%)	$21,600,000
Additional Federal Tax	$11,660,330
State Tax(4%)	$3,600,000
Net Lumpsum Payment	$53,139,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,040,302	-$1,085,242 -$121,612	$1,833,448
2	$3,192,408	-$1,141,521 -$127,696	$1,923,191
3	$3,351,988	-$1,200,566 -$134,080	$2,017,342
4	$3,519,648	-$1,262,600 -$140,786	$2,116,262
5	$3,695,590	-$1,327,699 -$147,824	$2,220,067
6	$3,880,420	-$1,396,086 -$155,217	$2,329,117
7	$4,074,340	-$1,467,836 -$162,974	$2,443,530
8	$4,278,158	-$1,543,249 -$171,126	$2,563,783
9	$4,492,076	-$1,622,399 -$179,683	$2,689,994
10	$4,716,700	-$1,705,509 -$188,668	$2,822,523
11	$4,952,434	-$1,792,731 -$198,097	$2,961,606
12	$5,200,086	-$1,884,362 -$208,003	$3,107,721
13	$5,460,060	-$1,980,553 -$218,402	$3,261,105
14	$5,733,164	-$2,081,601 -$229,327	$3,422,236
15	$6,019,802	-$2,187,657 -$240,792	$3,591,353
16	$6,320,782	-$2,299,020 -$252,831	$3,768,931
17	$6,636,710	-$2,415,913 -$265,468	$3,955,329
18	$6,968,596	-$2,538,711 -$278,744	$4,151,141
19	$7,317,046	-$2,667,637 -$292,682	$4,356,727
20	$7,682,868	-$2,802,992 -$307,315	$4,572,561
21	$8,067,072	-$2,945,147 -$322,683	$4,799,242
22	$8,470,466	-$3,094,403 -$338,819	$5,037,244
23	$8,893,858	-$3,251,058 -$355,754	$5,287,046
24	$9,338,662	-$3,415,635 -$373,546	$5,549,481
25	$9,805,484	-$3,588,359 -$392,219	$5,824,906
26	$10,295,940	-$3,769,828 -$411,838	$6,114,274
27	$10,810,636	-$3,960,266 -$432,425	$6,417,945
28	$11,351,188	-$4,160,270 -$454,048	$6,736,870
29	$11,918,808	-$4,370,289 -$476,752	$7,071,767
30	$12,514,708	-$4,590,772 -$500,588	$7,423,348