Wisconsin Lottery

WILottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Dec 16, 2025 is estimated to be $80 Million, with a cash option of 36.2 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 Dec 16, 2025

Draw Date	Jackpot	Cash Option
Tue Dec 16, 2025	$80,000,000	$36,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$36,200,000
Federal Tax(24%)	$8,688,000
Additional Federal Tax	$4,666,330
State Tax(7.65%)	$2,769,300
Net Lumpsum Payment	$20,076,370

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,204,080	-$405,840 -$92,112	$706,128
2	$1,264,320	-$428,129 -$96,720	$739,471
3	$1,327,520	-$451,513 -$101,555	$774,452
4	$1,393,920	-$476,081 -$106,635	$811,204
5	$1,463,600	-$501,862 -$111,965	$849,773
6	$1,536,800	-$528,946 -$117,565	$890,289
7	$1,613,600	-$557,362 -$123,440	$932,798
8	$1,694,320	-$587,229 -$129,615	$977,476
9	$1,779,040	-$618,575 -$136,097	$1,024,368
10	$1,868,000	-$651,490 -$142,902	$1,073,608
11	$1,961,360	-$686,034 -$150,044	$1,125,282
12	$2,059,440	-$722,323 -$157,547	$1,179,570
13	$2,162,400	-$760,418 -$165,424	$1,236,558
14	$2,270,560	-$800,438 -$173,698	$1,296,424
15	$2,384,080	-$842,440 -$182,382	$1,359,258
16	$2,503,280	-$886,544 -$191,501	$1,425,235
17	$2,628,400	-$932,838 -$201,073	$1,494,489
18	$2,759,840	-$981,471 -$211,128	$1,567,241
19	$2,897,840	-$1,032,531 -$221,685	$1,643,624
20	$3,042,720	-$1,086,137 -$232,768	$1,723,815
21	$3,194,880	-$1,142,436 -$244,408	$1,808,036
22	$3,354,640	-$1,201,547 -$256,630	$1,896,463
23	$3,522,320	-$1,263,589 -$269,457	$1,989,274
24	$3,698,480	-$1,328,768 -$282,934	$2,086,778
25	$3,883,360	-$1,397,174 -$297,077	$2,189,109
26	$4,077,600	-$1,469,042 -$311,936	$2,296,622
27	$4,281,440	-$1,544,463 -$327,530	$2,409,447
28	$4,495,520	-$1,623,673 -$343,907	$2,527,940
29	$4,720,320	-$1,706,849 -$361,104	$2,652,367
30	$4,956,320	-$1,794,169 -$379,158	$2,782,993