Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Dec 30, 2025 is estimated to be $138 Million, with a cash option of 63.3 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 Tue Dec 30, 2025

Draw Date	Jackpot	Cash Option
Tue Dec 30, 2025	$138,000,000	$63,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$63,300,000
Federal Tax(24%)	$15,192,000
Additional Federal Tax	$8,189,330
State Tax(0%)	$0
Net Lumpsum Payment	$39,918,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,077,038	-$728,834 -$0	$1,348,204
2	$2,180,952	-$767,283 -$0	$1,413,669
3	$2,289,972	-$807,620 -$0	$1,482,352
4	$2,404,512	-$850,000 -$0	$1,554,512
5	$2,524,710	-$894,473 -$0	$1,630,237
6	$2,650,980	-$941,193 -$0	$1,709,787
7	$2,783,460	-$990,211 -$0	$1,793,249
8	$2,922,702	-$1,041,730 -$0	$1,880,972
9	$3,068,844	-$1,095,803 -$0	$1,973,041
10	$3,222,300	-$1,152,581 -$0	$2,069,719
11	$3,383,346	-$1,212,168 -$0	$2,171,178
12	$3,552,534	-$1,274,768 -$0	$2,277,766
13	$3,730,140	-$1,340,482 -$0	$2,389,658
14	$3,916,716	-$1,409,515 -$0	$2,507,201
15	$4,112,538	-$1,481,969 -$0	$2,630,569
16	$4,318,158	-$1,558,049 -$0	$2,760,109
17	$4,533,990	-$1,637,907 -$0	$2,896,083
18	$4,760,724	-$1,721,798 -$0	$3,038,926
19	$4,998,774	-$1,809,877 -$0	$3,188,897
20	$5,248,692	-$1,902,346 -$0	$3,346,346
21	$5,511,168	-$1,999,463 -$0	$3,511,705
22	$5,786,754	-$2,101,429 -$0	$3,685,325
23	$6,076,002	-$2,208,451 -$0	$3,867,551
24	$6,379,878	-$2,320,885 -$0	$4,058,993
25	$6,698,796	-$2,438,885 -$0	$4,259,911
26	$7,033,860	-$2,562,859 -$0	$4,471,001
27	$7,385,484	-$2,692,959 -$0	$4,692,525
28	$7,754,772	-$2,829,596 -$0	$4,925,176
29	$8,142,552	-$2,973,075 -$0	$5,169,477
30	$8,549,652	-$3,123,702 -$0	$5,425,950