Wisconsin Lottery

WILottery 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 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 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(7.65%)$7,604,100
Net Lumpsum Payment$55,057,570

Annuity Payment in 30 Installations

Year Gross Payment Fed/State Tax Net Payment
1 $3,356,373 -$1,202,188
-$256,763
$1,897,422
2 $3,524,292 -$1,264,318
-$269,608
$1,990,366
3 $3,700,462 -$1,329,501
-$283,085
$2,087,876
4 $3,885,552 -$1,397,985
-$297,245
$2,190,322
5 $4,079,785 -$1,469,851
-$312,104
$2,297,830
6 $4,283,830 -$1,545,347
-$327,713
$2,410,770
7 $4,497,910 -$1,624,557
-$344,090
$2,529,263
8 $4,722,917 -$1,707,810
-$361,303
$2,653,804
9 $4,959,074 -$1,795,188
-$379,369
$2,784,517
10 $5,207,050 -$1,886,939
-$398,339
$2,921,772
11 $5,467,291 -$1,983,228
-$418,248
$3,065,815
12 $5,740,689 -$2,084,385
-$439,163
$3,217,141
13 $6,027,690 -$2,190,576
-$461,118
$3,375,996
14 $6,329,186 -$2,302,129
-$484,183
$3,542,874
15 $6,645,623 -$2,419,211
-$508,390
$3,718,022
16 $6,977,893 -$2,542,151
-$533,809
$3,901,933
17 $7,326,665 -$2,671,196
-$560,490
$4,094,979
18 $7,693,054 -$2,806,760
-$588,519
$4,297,775
19 $8,077,729 -$2,949,090
-$617,946
$4,510,693
20 $8,481,582 -$3,098,516
-$648,841
$4,734,225
21 $8,905,728 -$3,255,450
-$681,288
$4,968,990
22 $9,351,059 -$3,420,222
-$715,356
$5,215,481
23 $9,818,467 -$3,593,163
-$751,113
$5,474,191
24 $10,309,513 -$3,774,850
-$788,678
$5,745,985
25 $10,824,866 -$3,965,531
-$828,102
$6,031,233
26 $11,366,310 -$4,165,865
-$869,523
$6,330,922
27 $11,934,514 -$4,376,101
-$912,990
$6,645,423
28 $12,531,262 -$4,596,897
-$958,642
$6,975,723
29 $13,157,892 -$4,828,750
-$1,006,579
$7,322,563
30 $13,815,742 -$5,072,155
-$1,056,904
$7,686,683
2
2
3
Cash Option: $99.4 Million
Next Draw: Fri Jun 6
Mega Millions
Tue Jun 3, 2025
162429364513

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