The jackpot for the MEGA Millions draw on Fri Jun 6, 2025, is projected to be $223 Million, with an option for a cash payout of $99.4 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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin MEGA Millions Jackpot/Cash Option for Fri Jun 6, 2025 |
|---|
| Draw Date | Fri Jun 6, 2025 | | Projected Jackpot | $223,000,000 | | Cash Value | $99,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $99,400,000 | | Federal Tax(24%) | $23,856,000 | | Additional Federal Tax | $12,882,330 | | State Tax(7.65%) | $7,604,100 | | Net Lumpsum Payment | $55,057,570 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,356,373 |
$1,202,188
$256,763 |
$1,897,422 |
| 2 |
$3,524,292 |
$1,264,318
$269,608 |
$1,990,366 |
| 3 |
$3,700,462 |
$1,329,501
$283,085 |
$2,087,876 |
| 4 |
$3,885,552 |
$1,397,985
$297,245 |
$2,190,322 |
| 5 |
$4,079,785 |
$1,469,851
$312,104 |
$2,297,830 |
| 6 |
$4,283,830 |
$1,545,347
$327,713 |
$2,410,770 |
| 7 |
$4,497,910 |
$1,624,557
$344,090 |
$2,529,263 |
| 8 |
$4,722,917 |
$1,707,810
$361,303 |
$2,653,804 |
| 9 |
$4,959,074 |
$1,795,188
$379,369 |
$2,784,517 |
| 10 |
$5,207,050 |
$1,886,939
$398,339 |
$2,921,772 |
| 11 |
$5,467,291 |
$1,983,228
$418,248 |
$3,065,815 |
| 12 |
$5,740,689 |
$2,084,385
$439,163 |
$3,217,141 |
| 13 |
$6,027,690 |
$2,190,576
$461,118 |
$3,375,996 |
| 14 |
$6,329,186 |
$2,302,129
$484,183 |
$3,542,874 |
| 15 |
$6,645,623 |
$2,419,211
$508,390 |
$3,718,022 |
| 16 |
$6,977,893 |
$2,542,151
$533,809 |
$3,901,933 |
| 17 |
$7,326,665 |
$2,671,196
$560,490 |
$4,094,979 |
| 18 |
$7,693,054 |
$2,806,760
$588,519 |
$4,297,775 |
| 19 |
$8,077,729 |
$2,949,090
$617,946 |
$4,510,693 |
| 20 |
$8,481,582 |
$3,098,516
$648,841 |
$4,734,225 |
| 21 |
$8,905,728 |
$3,255,450
$681,288 |
$4,968,990 |
| 22 |
$9,351,059 |
$3,420,222
$715,356 |
$5,215,481 |
| 23 |
$9,818,467 |
$3,593,163
$751,113 |
$5,474,191 |
| 24 |
$10,309,513 |
$3,774,850
$788,678 |
$5,745,985 |
| 25 |
$10,824,866 |
$3,965,531
$828,102 |
$6,031,233 |
| 26 |
$11,366,310 |
$4,165,865
$869,523 |
$6,330,922 |
| 27 |
$11,934,514 |
$4,376,101
$912,990 |
$6,645,423 |
| 28 |
$12,531,262 |
$4,596,897
$958,642 |
$6,975,723 |
| 29 |
$13,157,892 |
$4,828,750
$1,006,579 |
$7,322,563 |
| 30 |
$13,815,742 |
$5,072,155
$1,056,904 |
$7,686,683 |
|
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