Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Jul 15, 2025 is estimated to be $90 Million, with a cash option of 39.9 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 Jul 15, 2025

Draw Date	Jackpot	Cash Option
Tue Jul 15, 2025	$90,000,000	$39,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$39,900,000
Federal Tax(24%)	$9,576,000
Additional Federal Tax	$5,147,330
State Tax(0%)	$0
Net Lumpsum Payment	$25,176,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,354,590	-$461,529 -$0	$893,061
2	$1,422,360	-$486,604 -$0	$935,756
3	$1,493,460	-$512,911 -$0	$980,549
4	$1,568,160	-$540,550 -$0	$1,027,610
5	$1,646,550	-$569,554 -$0	$1,076,996
6	$1,728,900	-$600,023 -$0	$1,128,877
7	$1,815,300	-$631,991 -$0	$1,183,309
8	$1,906,110	-$665,591 -$0	$1,240,519
9	$2,001,420	-$700,856 -$0	$1,300,564
10	$2,101,500	-$737,885 -$0	$1,363,615
11	$2,206,530	-$776,746 -$0	$1,429,784
12	$2,316,870	-$817,572 -$0	$1,499,298
13	$2,432,700	-$860,429 -$0	$1,572,271
14	$2,554,380	-$905,451 -$0	$1,648,929
15	$2,682,090	-$952,704 -$0	$1,729,386
16	$2,816,190	-$1,002,321 -$0	$1,813,869
17	$2,956,950	-$1,054,402 -$0	$1,902,548
18	$3,104,820	-$1,109,114 -$0	$1,995,706
19	$3,260,070	-$1,166,556 -$0	$2,093,514
20	$3,423,060	-$1,226,863 -$0	$2,196,197
21	$3,594,240	-$1,290,199 -$0	$2,304,041
22	$3,773,970	-$1,356,699 -$0	$2,417,271
23	$3,962,610	-$1,426,496 -$0	$2,536,114
24	$4,160,790	-$1,499,823 -$0	$2,660,967
25	$4,368,780	-$1,576,779 -$0	$2,792,001
26	$4,587,300	-$1,657,631 -$0	$2,929,669
27	$4,816,620	-$1,742,480 -$0	$3,074,140
28	$5,057,460	-$1,831,591 -$0	$3,225,869
29	$5,310,360	-$1,925,164 -$0	$3,385,196
30	$5,575,860	-$2,023,399 -$0	$3,552,461