Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Sep 5, 2025 is estimated to be $336 Million, with a cash option of 151.3 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 Fri Sep 5, 2025

Draw Date	Jackpot	Cash Option
Fri Sep 5, 2025	$336,000,000	$151,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$151,300,000
Federal Tax(24%)	$36,312,000
Additional Federal Tax	$19,629,330
State Tax(0%)	$0
Net Lumpsum Payment	$95,358,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,057,136	-$1,831,471 -$0	$3,225,665
2	$5,310,144	-$1,925,084 -$0	$3,385,060
3	$5,575,584	-$2,023,296 -$0	$3,552,288
4	$5,854,464	-$2,126,482 -$0	$3,727,982
5	$6,147,120	-$2,234,765 -$0	$3,912,355
6	$6,454,560	-$2,348,518 -$0	$4,106,042
7	$6,777,120	-$2,467,865 -$0	$4,309,255
8	$7,116,144	-$2,593,304 -$0	$4,522,840
9	$7,471,968	-$2,724,959 -$0	$4,747,009
10	$7,845,600	-$2,863,202 -$0	$4,982,398
11	$8,237,712	-$3,008,284 -$0	$5,229,428
12	$8,649,648	-$3,160,700 -$0	$5,488,948
13	$9,082,080	-$3,320,700 -$0	$5,761,380
14	$9,536,352	-$3,488,781 -$0	$6,047,571
15	$10,013,136	-$3,665,191 -$0	$6,347,945
16	$10,513,776	-$3,850,428 -$0	$6,663,348
17	$11,039,280	-$4,044,864 -$0	$6,994,416
18	$11,591,328	-$4,249,122 -$0	$7,342,206
19	$12,170,928	-$4,463,574 -$0	$7,707,354
20	$12,779,424	-$4,688,717 -$0	$8,090,707
21	$13,418,496	-$4,925,174 -$0	$8,493,322
22	$14,089,488	-$5,173,441 -$0	$8,916,047
23	$14,793,744	-$5,434,016 -$0	$9,359,728
24	$15,533,616	-$5,707,768 -$0	$9,825,848
25	$16,310,112	-$5,995,072 -$0	$10,315,040
26	$17,125,920	-$6,296,921 -$0	$10,828,999
27	$17,982,048	-$6,613,688 -$0	$11,368,360
28	$18,881,184	-$6,946,368 -$0	$11,934,816
29	$19,825,344	-$7,295,708 -$0	$12,529,636
30	$20,816,544	-$7,662,452 -$0	$13,154,092