Wisconsin Lottery

WILottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Oct 10, 2025 is estimated to be $575 Million, with a cash option of 264.6 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 Oct 10, 2025

Draw Date	Jackpot	Cash Option
Fri Oct 10, 2025	$575,000,000	$264,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$264,600,000
Federal Tax(24%)	$63,504,000
Additional Federal Tax	$34,358,330
State Tax(7.65%)	$20,241,900
Net Lumpsum Payment	$146,495,770

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,654,325	-$3,162,431 -$662,056	$4,829,838
2	$9,087,300	-$3,322,631 -$695,178	$5,069,491
3	$9,541,550	-$3,490,704 -$729,929	$5,320,917
4	$10,018,800	-$3,667,286 -$766,438	$5,585,076
5	$10,519,625	-$3,852,592 -$804,751	$5,862,282
6	$11,045,750	-$4,047,258 -$845,000	$6,153,492
7	$11,597,750	-$4,251,498 -$887,228	$6,459,024
8	$12,177,925	-$4,466,163 -$931,611	$6,780,151
9	$12,786,850	-$4,691,465 -$978,194	$7,117,191
10	$13,426,250	-$4,928,043 -$1,027,108	$7,471,099
11	$14,097,275	-$5,176,322 -$1,078,442	$7,842,511
12	$14,802,225	-$5,437,154 -$1,132,370	$8,232,701
13	$15,542,250	-$5,710,963 -$1,188,982	$8,642,305
14	$16,319,650	-$5,998,601 -$1,248,453	$9,072,596
15	$17,135,575	-$6,300,493 -$1,310,871	$9,524,211
16	$17,992,325	-$6,617,491 -$1,376,413	$9,998,421
17	$18,891,625	-$6,950,232 -$1,445,209	$10,496,184
18	$19,836,350	-$7,299,780 -$1,517,481	$11,019,089
19	$20,828,225	-$7,666,774 -$1,593,359	$11,568,092
20	$21,869,550	-$8,052,064 -$1,673,021	$12,144,465
21	$22,963,200	-$8,456,714 -$1,756,685	$12,749,801
22	$24,111,475	-$8,881,576 -$1,844,528	$13,385,371
23	$25,316,675	-$9,327,500 -$1,936,726	$14,052,449
24	$26,582,825	-$9,795,976 -$2,033,586	$14,753,263
25	$27,911,650	-$10,287,641 -$2,135,241	$15,488,768
26	$29,307,750	-$10,804,198 -$2,242,043	$16,261,509
27	$30,772,850	-$11,346,285 -$2,354,123	$17,072,442
28	$32,311,550	-$11,915,604 -$2,471,834	$17,924,112
29	$33,927,300	-$12,513,431 -$2,595,438	$18,818,431
30	$35,623,550	-$13,141,044 -$2,725,202	$19,757,304