Pennsylvania Lottery

PALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jul 18, 2025 is estimated to be $50 Million, with a cash option of 22.1 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 Pennsylvania, your state will take 3.07% 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.

Pennsylvania MEGA Millions Jackpot/Cash Option for Fri Jul 18, 2025

Draw Date	Jackpot	Cash Option
Fri Jul 18, 2025	$50,000,000	$22,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$22,100,000
Federal Tax(24%)	$5,304,000
Additional Federal Tax	$2,833,330
State Tax(3.07%)	$678,470
Net Lumpsum Payment	$13,284,200

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$752,550	-$238,774 -$23,103	$490,673
2	$790,200	-$252,704 -$24,259	$513,237
3	$829,700	-$267,319 -$25,472	$536,909
4	$871,200	-$282,674 -$26,746	$561,780
5	$914,750	-$298,788 -$28,083	$587,879
6	$960,500	-$315,715 -$29,487	$615,298
7	$1,008,500	-$333,475 -$30,961	$644,064
8	$1,058,950	-$352,142 -$32,510	$674,298
9	$1,111,900	-$371,733 -$34,135	$706,032
10	$1,167,500	-$392,305 -$35,842	$739,353
11	$1,225,850	-$413,895 -$37,634	$774,321
12	$1,287,150	-$436,576 -$39,516	$811,058
13	$1,351,500	-$460,385 -$41,491	$849,624
14	$1,419,100	-$485,397 -$43,566	$890,137
15	$1,490,050	-$511,649 -$45,745	$932,656
16	$1,564,550	-$539,214 -$48,032	$977,304
17	$1,642,750	-$568,148 -$50,432	$1,024,170
18	$1,724,900	-$598,543 -$52,954	$1,073,403
19	$1,811,150	-$630,456 -$55,602	$1,125,092
20	$1,901,700	-$663,959 -$58,382	$1,179,359
21	$1,996,800	-$699,146 -$61,302	$1,236,352
22	$2,096,650	-$736,091 -$64,367	$1,296,192
23	$2,201,450	-$774,867 -$67,585	$1,358,998
24	$2,311,550	-$815,604 -$70,965	$1,424,981
25	$2,427,100	-$858,357 -$74,512	$1,494,231
26	$2,548,500	-$903,275 -$78,239	$1,566,986
27	$2,675,900	-$950,413 -$82,150	$1,643,337
28	$2,809,700	-$999,919 -$86,258	$1,723,523
29	$2,950,200	-$1,051,904 -$90,571	$1,807,725
30	$3,097,700	-$1,106,479 -$95,099	$1,896,122