Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Nov 14, 2025 is estimated to be $965 Million, with a cash option of 445.3 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 Nov 14, 2025

Draw Date	Jackpot	Cash Option
Fri Nov 14, 2025	$965,000,000	$445,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$445,300,000
Federal Tax(24%)	$106,872,000
Additional Federal Tax	$57,849,330
State Tax(0%)	$0
Net Lumpsum Payment	$280,578,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$14,524,215	-$5,334,290 -$0	$9,189,925
2	$15,250,860	-$5,603,149 -$0	$9,647,711
3	$16,013,210	-$5,885,218 -$0	$10,127,992
4	$16,814,160	-$6,181,570 -$0	$10,632,590
5	$17,654,675	-$6,492,560 -$0	$11,162,115
6	$18,537,650	-$6,819,261 -$0	$11,718,389
7	$19,464,050	-$7,162,029 -$0	$12,302,021
8	$20,437,735	-$7,522,292 -$0	$12,915,443
9	$21,459,670	-$7,900,408 -$0	$13,559,262
10	$22,532,750	-$8,297,448 -$0	$14,235,302
11	$23,658,905	-$8,714,125 -$0	$14,944,780
12	$24,841,995	-$9,151,869 -$0	$15,690,126
13	$26,083,950	-$9,611,392 -$0	$16,472,558
14	$27,388,630	-$10,094,123 -$0	$17,294,507
15	$28,757,965	-$10,600,777 -$0	$18,157,188
16	$30,195,815	-$11,132,782 -$0	$19,063,033
17	$31,705,075	-$11,691,208 -$0	$20,013,867
18	$33,290,570	-$12,277,841 -$0	$21,012,729
19	$34,955,195	-$12,893,753 -$0	$22,061,442
20	$36,702,810	-$13,540,370 -$0	$23,162,440
21	$38,538,240	-$14,219,479 -$0	$24,318,761
22	$40,465,345	-$14,932,508 -$0	$25,532,837
23	$42,487,985	-$15,680,885 -$0	$26,807,100
24	$44,612,915	-$16,467,109 -$0	$28,145,806
25	$46,843,030	-$17,292,251 -$0	$29,550,779
26	$49,186,050	-$18,159,169 -$0	$31,026,881
27	$51,644,870	-$19,068,932 -$0	$32,575,938
28	$54,227,210	-$20,024,398 -$0	$34,202,812
29	$56,938,860	-$21,027,709 -$0	$35,911,151
30	$59,785,610	-$22,081,006 -$0	$37,704,604