Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Nov 7, 2025 is estimated to be $843 Million, with a cash option of 391.7 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 Nov 7, 2025

Draw Date	Jackpot	Cash Option
Fri Nov 7, 2025	$843,000,000	$391,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$391,700,000
Federal Tax(24%)	$94,008,000
Additional Federal Tax	$50,881,330
State Tax(0%)	$0
Net Lumpsum Payment	$246,810,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$12,687,993	-$4,654,888 -$0	$8,033,105
2	$13,322,772	-$4,889,756 -$0	$8,433,016
3	$13,988,742	-$5,136,165 -$0	$8,852,577
4	$14,688,432	-$5,395,050 -$0	$9,293,382
5	$15,422,685	-$5,666,724 -$0	$9,755,961
6	$16,194,030	-$5,952,121 -$0	$10,241,909
7	$17,003,310	-$6,251,555 -$0	$10,751,755
8	$17,853,897	-$6,566,272 -$0	$11,287,625
9	$18,746,634	-$6,896,585 -$0	$11,850,049
10	$19,684,050	-$7,243,429 -$0	$12,440,621
11	$20,667,831	-$7,607,428 -$0	$13,060,403
12	$21,701,349	-$7,989,830 -$0	$13,711,519
13	$22,786,290	-$8,391,258 -$0	$14,395,032
14	$23,926,026	-$8,812,960 -$0	$15,113,066
15	$25,122,243	-$9,255,560 -$0	$15,866,683
16	$26,378,313	-$9,720,306 -$0	$16,658,007
17	$27,696,765	-$10,208,133 -$0	$17,488,632
18	$29,081,814	-$10,720,602 -$0	$18,361,212
19	$30,535,989	-$11,258,646 -$0	$19,277,343
20	$32,062,662	-$11,823,515 -$0	$20,239,147
21	$33,666,048	-$12,416,768 -$0	$21,249,280
22	$35,349,519	-$13,039,652 -$0	$22,309,867
23	$37,116,447	-$13,693,416 -$0	$23,423,031
24	$38,972,733	-$14,380,242 -$0	$24,592,491
25	$40,920,906	-$15,101,066 -$0	$25,819,840
26	$42,967,710	-$15,858,383 -$0	$27,109,327
27	$45,115,674	-$16,653,130 -$0	$28,462,544
28	$47,371,542	-$17,487,801 -$0	$29,883,741
29	$49,740,372	-$18,364,268 -$0	$31,376,104
30	$52,227,222	-$19,284,403 -$0	$32,942,819