Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 9, 2025 is estimated to be $358 Million, with a cash option of 164.5 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 Sep 9, 2025

Draw Date	Jackpot	Cash Option
Tue Sep 9, 2025	$358,000,000	$164,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$164,500,000
Federal Tax(24%)	$39,480,000
Additional Federal Tax	$21,345,330
State Tax(0%)	$0
Net Lumpsum Payment	$103,674,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,388,258	-$1,953,986 -$0	$3,434,272
2	$5,657,832	-$2,053,728 -$0	$3,604,104
3	$5,940,652	-$2,158,372 -$0	$3,782,280
4	$6,237,792	-$2,268,313 -$0	$3,969,479
5	$6,549,610	-$2,383,686 -$0	$4,165,924
6	$6,877,180	-$2,504,887 -$0	$4,372,293
7	$7,220,860	-$2,632,049 -$0	$4,588,811
8	$7,582,082	-$2,765,701 -$0	$4,816,381
9	$7,961,204	-$2,905,976 -$0	$5,055,228
10	$8,359,300	-$3,053,271 -$0	$5,306,029
11	$8,777,086	-$3,207,852 -$0	$5,569,234
12	$9,215,994	-$3,370,248 -$0	$5,845,746
13	$9,676,740	-$3,540,724 -$0	$6,136,016
14	$10,160,756	-$3,719,810 -$0	$6,440,946
15	$10,668,758	-$3,907,771 -$0	$6,760,987
16	$11,202,178	-$4,105,136 -$0	$7,097,042
17	$11,762,090	-$4,312,304 -$0	$7,449,786
18	$12,350,284	-$4,529,935 -$0	$7,820,349
19	$12,967,834	-$4,758,429 -$0	$8,209,405
20	$13,616,172	-$4,998,314 -$0	$8,617,858
21	$14,297,088	-$5,250,253 -$0	$9,046,835
22	$15,012,014	-$5,514,776 -$0	$9,497,238
23	$15,762,382	-$5,792,412 -$0	$9,969,970
24	$16,550,698	-$6,084,089 -$0	$10,466,609
25	$17,378,036	-$6,390,204 -$0	$10,987,832
26	$18,247,260	-$6,711,817 -$0	$11,535,443
27	$19,159,444	-$7,049,325 -$0	$12,110,119
28	$20,117,452	-$7,403,788 -$0	$12,713,664
29	$21,123,432	-$7,776,000 -$0	$13,347,432
30	$22,179,532	-$8,166,757 -$0	$14,012,775