Pennsylvania Lottery

PALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jun 6, 2025 is estimated to be $223 Million, with a cash option of 99.4 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 Jun 6, 2025

Draw Date	Jackpot	Cash Option
Fri Jun 6, 2025	$223,000,000	$99,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$99,400,000
Federal Tax(24%)	$23,856,000
Additional Federal Tax	$12,882,330
State Tax(3.07%)	$3,051,580
Net Lumpsum Payment	$59,610,090

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,356,373	-$1,202,188 -$103,041	$2,051,144
2	$3,524,292	-$1,264,318 -$108,196	$2,151,778
3	$3,700,462	-$1,329,501 -$113,604	$2,257,357
4	$3,885,552	-$1,397,985 -$119,286	$2,368,281
5	$4,079,785	-$1,469,851 -$125,249	$2,484,685
6	$4,283,830	-$1,545,347 -$131,514	$2,606,969
7	$4,497,910	-$1,624,557 -$138,086	$2,735,267
8	$4,722,917	-$1,707,810 -$144,994	$2,870,113
9	$4,959,074	-$1,795,188 -$152,244	$3,011,642
10	$5,207,050	-$1,886,939 -$159,856	$3,160,255
11	$5,467,291	-$1,983,228 -$167,846	$3,316,217
12	$5,740,689	-$2,084,385 -$176,239	$3,480,065
13	$6,027,690	-$2,190,576 -$185,050	$3,652,064
14	$6,329,186	-$2,302,129 -$194,306	$3,832,751
15	$6,645,623	-$2,419,211 -$204,021	$4,022,391
16	$6,977,893	-$2,542,151 -$214,221	$4,221,521
17	$7,326,665	-$2,671,196 -$224,929	$4,430,540
18	$7,693,054	-$2,806,760 -$236,177	$4,650,117
19	$8,077,729	-$2,949,090 -$247,986	$4,880,653
20	$8,481,582	-$3,098,516 -$260,385	$5,122,681
21	$8,905,728	-$3,255,450 -$273,406	$5,376,872
22	$9,351,059	-$3,420,222 -$287,078	$5,643,759
23	$9,818,467	-$3,593,163 -$301,427	$5,923,877
24	$10,309,513	-$3,774,850 -$316,502	$6,218,161
25	$10,824,866	-$3,965,531 -$332,323	$6,527,012
26	$11,366,310	-$4,165,865 -$348,946	$6,851,499
27	$11,934,514	-$4,376,101 -$366,390	$7,192,023
28	$12,531,262	-$4,596,897 -$384,710	$7,549,655
29	$13,157,892	-$4,828,750 -$403,947	$7,925,195
30	$13,815,742	-$5,072,155 -$424,143	$8,319,444