Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Dec 26, 2025 is estimated to be $125 Million, with a cash option of 56.9 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. The good news is that if you're a resident of Wyoming, you won't owe any state tax on 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.

Wyoming MEGA Millions Jackpot/Cash Option for Fri Dec 26, 2025

Draw Date	Jackpot	Cash Option
Fri Dec 26, 2025	$125,000,000	$56,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$56,900,000
Federal Tax(24%)	$13,656,000
Additional Federal Tax	$7,357,330
State Tax(0%)	$0
Net Lumpsum Payment	$35,886,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,881,375	-$656,439 -$0	$1,224,936
2	$1,975,500	-$691,265 -$0	$1,284,235
3	$2,074,250	-$727,803 -$0	$1,346,447
4	$2,178,000	-$766,190 -$0	$1,411,810
5	$2,286,875	-$806,474 -$0	$1,480,401
6	$2,401,250	-$848,793 -$0	$1,552,457
7	$2,521,250	-$893,193 -$0	$1,628,057
8	$2,647,375	-$939,859 -$0	$1,707,516
9	$2,779,750	-$988,838 -$0	$1,790,912
10	$2,918,750	-$1,040,268 -$0	$1,878,482
11	$3,064,625	-$1,094,242 -$0	$1,970,383
12	$3,217,875	-$1,150,944 -$0	$2,066,931
13	$3,378,750	-$1,210,468 -$0	$2,168,282
14	$3,547,750	-$1,272,998 -$0	$2,274,752
15	$3,725,125	-$1,338,627 -$0	$2,386,498
16	$3,911,375	-$1,407,539 -$0	$2,503,836
17	$4,106,875	-$1,479,874 -$0	$2,627,001
18	$4,312,250	-$1,555,863 -$0	$2,756,387
19	$4,527,875	-$1,635,644 -$0	$2,892,231
20	$4,754,250	-$1,719,403 -$0	$3,034,847
21	$4,992,000	-$1,807,370 -$0	$3,184,630
22	$5,241,625	-$1,899,732 -$0	$3,341,893
23	$5,503,625	-$1,996,672 -$0	$3,506,953
24	$5,778,875	-$2,098,514 -$0	$3,680,361
25	$6,067,750	-$2,205,398 -$0	$3,862,352
26	$6,371,250	-$2,317,693 -$0	$4,053,557
27	$6,689,750	-$2,435,538 -$0	$4,254,212
28	$7,024,250	-$2,559,303 -$0	$4,464,947
29	$7,375,500	-$2,689,265 -$0	$4,686,235
30	$7,744,250	-$2,825,703 -$0	$4,918,547