Wisconsin Lottery

WILottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 2, 2025 is estimated to be $302 Million, with a cash option of 136 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 Sep 2, 2025

Draw Date	Jackpot	Cash Option
Tue Sep 2, 2025	$302,000,000	$136,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$136,000,000
Federal Tax(24%)	$32,640,000
Additional Federal Tax	$17,640,330
State Tax(7.65%)	$10,404,000
Net Lumpsum Payment	$75,315,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,545,402	-$1,642,129 -$347,723	$2,555,550
2	$4,772,808	-$1,726,269 -$365,120	$2,681,419
3	$5,011,388	-$1,814,544 -$383,371	$2,813,473
4	$5,262,048	-$1,907,288 -$402,547	$2,952,213
5	$5,525,090	-$2,004,614 -$422,669	$3,097,807
6	$5,801,420	-$2,106,856 -$443,809	$3,250,755
7	$6,091,340	-$2,214,126 -$465,988	$3,411,226
8	$6,396,058	-$2,326,872 -$489,298	$3,579,888
9	$6,715,876	-$2,445,205 -$513,765	$3,756,906
10	$7,051,700	-$2,569,459 -$539,455	$3,942,786
11	$7,404,134	-$2,699,860 -$566,416	$4,137,858
12	$7,774,386	-$2,836,853 -$594,741	$4,342,792
13	$8,163,060	-$2,980,663 -$624,474	$4,557,923
14	$8,571,364	-$3,131,735 -$655,709	$4,783,920
15	$8,999,902	-$3,290,294 -$688,493	$5,021,115
16	$9,449,882	-$3,456,787 -$722,916	$5,270,179
17	$9,922,210	-$3,631,548 -$759,049	$5,531,613
18	$10,418,396	-$3,815,137 -$797,007	$5,806,252
19	$10,939,346	-$4,007,888 -$836,860	$6,094,598
20	$11,486,268	-$4,210,250 -$878,700	$6,397,318
21	$12,060,672	-$4,422,779 -$922,641	$6,715,252
22	$12,663,766	-$4,645,924 -$968,778	$7,049,064
23	$13,296,758	-$4,880,131 -$1,017,202	$7,399,425
24	$13,961,762	-$5,126,182 -$1,068,075	$7,767,505
25	$14,659,684	-$5,384,413 -$1,121,466	$8,153,805
26	$15,392,940	-$5,655,718 -$1,177,560	$8,559,662
27	$16,162,436	-$5,940,432 -$1,236,426	$8,985,578
28	$16,970,588	-$6,239,448 -$1,298,250	$9,432,890
29	$17,819,208	-$6,553,437 -$1,363,169	$9,902,602
30	$18,710,108	-$6,883,070 -$1,431,323	$10,395,715