New Hampshire Lottery

NHLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 23, 2025 is estimated to be $451 Million, with a cash option of 208.7 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. The good news is that if you're a resident of New Hampshire, you won't owe any state tax on 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.

New Hampshire MEGA Millions Jackpot/Cash Option for Tue Sep 23, 2025

Draw Date	Jackpot	Cash Option
Tue Sep 23, 2025	$451,000,000	$208,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$208,700,000
Federal Tax(24%)	$50,088,000
Additional Federal Tax	$27,091,330
State Tax(0%)	$0
Net Lumpsum Payment	$131,520,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,788,001	-$2,471,891 -$0	$4,316,110
2	$7,127,604	-$2,597,544 -$0	$4,530,060
3	$7,483,894	-$2,729,371 -$0	$4,754,523
4	$7,858,224	-$2,867,873 -$0	$4,990,351
5	$8,251,045	-$3,013,217 -$0	$5,237,828
6	$8,663,710	-$3,165,903 -$0	$5,497,807
7	$9,096,670	-$3,326,098 -$0	$5,770,572
8	$9,551,729	-$3,494,470 -$0	$6,057,259
9	$10,029,338	-$3,671,185 -$0	$6,358,153
10	$10,530,850	-$3,856,745 -$0	$6,674,105
11	$11,057,167	-$4,051,482 -$0	$7,005,685
12	$11,610,093	-$4,256,065 -$0	$7,354,028
13	$12,190,530	-$4,470,826 -$0	$7,719,704
14	$12,800,282	-$4,696,435 -$0	$8,103,847
15	$13,440,251	-$4,933,223 -$0	$8,507,028
16	$14,112,241	-$5,181,860 -$0	$8,930,381
17	$14,817,605	-$5,442,844 -$0	$9,374,761
18	$15,558,598	-$5,717,012 -$0	$9,841,586
19	$16,336,573	-$6,004,862 -$0	$10,331,711
20	$17,153,334	-$6,307,064 -$0	$10,846,270
21	$18,011,136	-$6,624,451 -$0	$11,386,685
22	$18,911,783	-$6,957,690 -$0	$11,954,093
23	$19,857,079	-$7,307,450 -$0	$12,549,629
24	$20,850,181	-$7,674,897 -$0	$13,175,284
25	$21,892,442	-$8,060,534 -$0	$13,831,908
26	$22,987,470	-$8,465,694 -$0	$14,521,776
27	$24,136,618	-$8,890,879 -$0	$15,245,739
28	$25,343,494	-$9,337,423 -$0	$16,006,071
29	$26,610,804	-$9,806,328 -$0	$16,804,476
30	$27,941,254	-$10,298,594 -$0	$17,642,660