Pennsylvania Lottery

PALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Sep 19, 2025 is estimated to be $423 Million, with a cash option of 196.5 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 Sep 19, 2025

Draw Date	Jackpot	Cash Option
Fri Sep 19, 2025	$423,000,000	$196,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$196,500,000
Federal Tax(24%)	$47,160,000
Additional Federal Tax	$25,505,330
State Tax(3.07%)	$6,032,550
Net Lumpsum Payment	$117,802,120

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,366,573	-$2,315,962 -$195,454	$3,855,157
2	$6,685,092	-$2,433,814 -$205,232	$4,046,046
3	$7,019,262	-$2,557,457 -$215,491	$4,246,314
4	$7,370,352	-$2,687,361 -$226,270	$4,456,721
5	$7,738,785	-$2,823,681 -$237,581	$4,677,523
6	$8,125,830	-$2,966,887 -$249,463	$4,909,480
7	$8,531,910	-$3,117,137 -$261,930	$5,152,843
8	$8,958,717	-$3,275,056 -$275,033	$5,408,628
9	$9,406,674	-$3,440,800 -$288,785	$5,677,089
10	$9,877,050	-$3,614,839 -$303,225	$5,958,986
11	$10,370,691	-$3,797,486 -$318,380	$6,254,825
12	$10,889,289	-$3,989,367 -$334,301	$6,565,621
13	$11,433,690	-$4,190,796 -$351,014	$6,891,880
14	$12,005,586	-$4,402,397 -$368,571	$7,234,618
15	$12,605,823	-$4,624,485 -$386,999	$7,594,339
16	$13,236,093	-$4,857,685 -$406,348	$7,972,060
17	$13,897,665	-$5,102,466 -$426,658	$8,368,541
18	$14,592,654	-$5,359,612 -$447,994	$8,785,048
19	$15,322,329	-$5,629,592 -$470,396	$9,222,341
20	$16,088,382	-$5,913,032 -$493,913	$9,681,437
21	$16,892,928	-$6,210,714 -$518,613	$10,163,601
22	$17,737,659	-$6,523,264 -$544,546	$10,669,849
23	$18,624,267	-$6,851,309 -$571,765	$11,201,193
24	$19,555,713	-$7,195,944 -$600,360	$11,759,409
25	$20,533,266	-$7,557,639 -$630,371	$12,345,256
26	$21,560,310	-$7,937,645 -$661,902	$12,960,763
27	$22,638,114	-$8,336,433 -$694,990	$13,606,691
28	$23,770,062	-$8,755,253 -$729,741	$14,285,068
29	$24,958,692	-$9,195,046 -$766,232	$14,997,414
30	$26,206,542	-$9,656,751 -$804,541	$15,745,250