The jackpot for the MEGA Millions draw on Fri Oct 17, 2025, is projected to be $625 Million, with an option for a cash payout of $288.8 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana MEGA Millions Jackpot/Cash Option for Fri Oct 17, 2025 |
|---|
| Draw Date | Fri Oct 17, 2025 | | Projected Jackpot | $625,000,000 | | Cash Value | $288,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $288,800,000 | | Federal Tax(24%) | $69,312,000 | | Additional Federal Tax | $37,504,330 | | State Tax(4.75%) | $13,718,000 | | Net Lumpsum Payment | $168,265,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,406,875 |
$3,440,874
$446,827 |
$5,519,174 |
| 2 |
$9,877,500 |
$3,615,005
$469,181 |
$5,793,314 |
| 3 |
$10,371,250 |
$3,797,693
$492,634 |
$6,080,923 |
| 4 |
$10,890,000 |
$3,989,630
$517,275 |
$6,383,095 |
| 5 |
$11,434,375 |
$4,191,049
$543,133 |
$6,700,193 |
| 6 |
$12,006,250 |
$4,402,643
$570,297 |
$7,033,310 |
| 7 |
$12,606,250 |
$4,624,643
$598,797 |
$7,382,810 |
| 8 |
$13,236,875 |
$4,857,974
$628,752 |
$7,750,149 |
| 9 |
$13,898,750 |
$5,102,868
$660,191 |
$8,135,691 |
| 10 |
$14,593,750 |
$5,360,018
$693,203 |
$8,540,529 |
| 11 |
$15,323,125 |
$5,629,887
$727,848 |
$8,965,390 |
| 12 |
$16,089,375 |
$5,913,399
$764,245 |
$9,411,731 |
| 13 |
$16,893,750 |
$6,211,018
$802,453 |
$9,880,279 |
| 14 |
$17,738,750 |
$6,523,668
$842,591 |
$10,372,491 |
| 15 |
$18,625,625 |
$6,851,812
$884,717 |
$10,889,096 |
| 16 |
$19,556,875 |
$7,196,374
$928,952 |
$11,431,549 |
| 17 |
$20,534,375 |
$7,558,049
$975,383 |
$12,000,943 |
| 18 |
$21,561,250 |
$7,937,993
$1,024,159 |
$12,599,098 |
| 19 |
$22,639,375 |
$8,336,899
$1,075,370 |
$13,227,106 |
| 20 |
$23,771,250 |
$8,755,693
$1,129,134 |
$13,886,423 |
| 21 |
$24,960,000 |
$9,195,530
$1,185,600 |
$14,578,870 |
| 22 |
$26,208,125 |
$9,657,337
$1,244,886 |
$15,305,902 |
| 23 |
$27,518,125 |
$10,142,037
$1,307,111 |
$16,068,977 |
| 24 |
$28,894,375 |
$10,651,249
$1,372,483 |
$16,870,643 |
| 25 |
$30,338,750 |
$11,185,668
$1,441,091 |
$17,711,991 |
| 26 |
$31,856,250 |
$11,747,143
$1,513,172 |
$18,595,935 |
| 27 |
$33,448,750 |
$12,336,368
$1,588,816 |
$19,523,566 |
| 28 |
$35,121,250 |
$12,955,193
$1,668,259 |
$20,497,798 |
| 29 |
$36,877,500 |
$13,605,005
$1,751,681 |
$21,520,814 |
| 30 |
$38,721,250 |
$14,287,193
$1,839,259 |
$22,594,798 |
|
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