Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jul 11, 2025 is estimated to be $80 Million, with a cash option of 35.8 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 Jul 11, 2025

Draw Date	Jackpot	Cash Option
Fri Jul 11, 2025	$80,000,000	$35,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$35,800,000
Federal Tax(24%)	$8,592,000
Additional Federal Tax	$4,614,330
State Tax(0%)	$0
Net Lumpsum Payment	$22,593,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,204,080	-$405,840 -$0	$798,240
2	$1,264,320	-$428,129 -$0	$836,191
3	$1,327,520	-$451,513 -$0	$876,007
4	$1,393,920	-$476,081 -$0	$917,839
5	$1,463,600	-$501,862 -$0	$961,738
6	$1,536,800	-$528,946 -$0	$1,007,854
7	$1,613,600	-$557,362 -$0	$1,056,238
8	$1,694,320	-$587,229 -$0	$1,107,091
9	$1,779,040	-$618,575 -$0	$1,160,465
10	$1,868,000	-$651,490 -$0	$1,216,510
11	$1,961,360	-$686,034 -$0	$1,275,326
12	$2,059,440	-$722,323 -$0	$1,337,117
13	$2,162,400	-$760,418 -$0	$1,401,982
14	$2,270,560	-$800,438 -$0	$1,470,122
15	$2,384,080	-$842,440 -$0	$1,541,640
16	$2,503,280	-$886,544 -$0	$1,616,736
17	$2,628,400	-$932,838 -$0	$1,695,562
18	$2,759,840	-$981,471 -$0	$1,778,369
19	$2,897,840	-$1,032,531 -$0	$1,865,309
20	$3,042,720	-$1,086,137 -$0	$1,956,583
21	$3,194,880	-$1,142,436 -$0	$2,052,444
22	$3,354,640	-$1,201,547 -$0	$2,153,093
23	$3,522,320	-$1,263,589 -$0	$2,258,731
24	$3,698,480	-$1,328,768 -$0	$2,369,712
25	$3,883,360	-$1,397,174 -$0	$2,486,186
26	$4,077,600	-$1,469,042 -$0	$2,608,558
27	$4,281,440	-$1,544,463 -$0	$2,736,977
28	$4,495,520	-$1,623,673 -$0	$2,871,847
29	$4,720,320	-$1,706,849 -$0	$3,013,471
30	$4,956,320	-$1,794,169 -$0	$3,162,151