Wisconsin Lottery

WILottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Nov 4, 2025 is estimated to be $800 Million, with a cash option of 371.7 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. Additionally, if you are a resident of Wisconsin, your state will take 7.65% 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.

Wisconsin MEGA Millions Jackpot/Cash Option for Tue Nov 4, 2025

Draw Date Jackpot Cash Option
Tue Nov 4, 2025$800,000,000$371,700,000

Lumpsum Option Taxes and Payment

Category Amount
Cash Gross Payment$371,700,000
Federal Tax(24%)$89,208,000
Additional Federal Tax$48,281,330
State Tax(7.65%)$28,435,050
Net Lumpsum Payment$205,775,620

Annuity Payment in 30 Installations

Year Gross Payment Fed/State Tax Net Payment
1 $12,040,800 -$4,415,426
-$921,121
$6,704,253
2 $12,643,200 -$4,638,314
-$967,205
$7,037,681
3 $13,275,200 -$4,872,154
-$1,015,553
$7,387,493
4 $13,939,200 -$5,117,834
-$1,066,349
$7,755,017
5 $14,636,000 -$5,375,650
-$1,119,654
$8,140,696
6 $15,368,000 -$5,646,490
-$1,175,652
$8,545,858
7 $16,136,000 -$5,930,650
-$1,234,404
$8,970,946
8 $16,943,200 -$6,229,314
-$1,296,155
$9,417,731
9 $17,790,400 -$6,542,778
-$1,360,966
$9,886,656
10 $18,680,000 -$6,871,930
-$1,429,020
$10,379,050
11 $19,613,600 -$7,217,362
-$1,500,440
$10,895,798
12 $20,594,400 -$7,580,258
-$1,575,472
$11,438,670
13 $21,624,000 -$7,961,210
-$1,654,236
$12,008,554
14 $22,705,600 -$8,361,402
-$1,736,978
$12,607,220
15 $23,840,800 -$8,781,426
-$1,823,821
$13,235,553
16 $25,032,800 -$9,222,466
-$1,915,009
$13,895,325
17 $26,284,000 -$9,685,410
-$2,010,726
$14,587,864
18 $27,598,400 -$10,171,738
-$2,111,278
$15,315,384
19 $28,978,400 -$10,682,338
-$2,216,848
$16,079,214
20 $30,427,200 -$11,218,394
-$2,327,681
$16,881,125
21 $31,948,800 -$11,781,386
-$2,444,083
$17,723,331
22 $33,546,400 -$12,372,498
-$2,566,300
$18,607,602
23 $35,223,200 -$12,992,914
-$2,694,575
$19,535,711
24 $36,984,800 -$13,644,706
-$2,829,337
$20,510,757
25 $38,833,600 -$14,328,762
-$2,970,770
$21,534,068
26 $40,776,000 -$15,047,450
-$3,119,364
$22,609,186
27 $42,814,400 -$15,801,658
-$3,275,302
$23,737,440
28 $44,955,200 -$16,593,754
-$3,439,073
$24,922,373
29 $47,203,200 -$17,425,514
-$3,611,045
$26,166,641
30 $49,563,200 -$18,298,714
-$3,791,585
$27,472,901
8
0
0
Cash Option: $371.7 Million
Next Draw: Tue Nov 4
Mega Millions
Fri Oct 31, 2025
022452666809

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