The jackpot for the MEGA Millions draw on Tue Sep 2, 2025, is projected to be $302 Million, with an option for a cash payout of $136 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 Tue Sep 2, 2025 |
|---|
| Draw Date | Tue Sep 2, 2025 | | Projected Jackpot | $302,000,000 | | Cash Value | $136,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $136,000,000 | | Federal Tax(24%) | $32,640,000 | | Additional Federal Tax | $17,640,330 | | State Tax(7.65%) | $10,404,000 | | Net Lumpsum Payment | $75,315,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,545,402 |
$1,642,129
$347,723 |
$2,555,550 |
| 2 |
$4,772,808 |
$1,726,269
$365,120 |
$2,681,419 |
| 3 |
$5,011,388 |
$1,814,544
$383,371 |
$2,813,473 |
| 4 |
$5,262,048 |
$1,907,288
$402,547 |
$2,952,213 |
| 5 |
$5,525,090 |
$2,004,614
$422,669 |
$3,097,807 |
| 6 |
$5,801,420 |
$2,106,856
$443,809 |
$3,250,755 |
| 7 |
$6,091,340 |
$2,214,126
$465,988 |
$3,411,226 |
| 8 |
$6,396,058 |
$2,326,872
$489,298 |
$3,579,888 |
| 9 |
$6,715,876 |
$2,445,205
$513,765 |
$3,756,906 |
| 10 |
$7,051,700 |
$2,569,459
$539,455 |
$3,942,786 |
| 11 |
$7,404,134 |
$2,699,860
$566,416 |
$4,137,858 |
| 12 |
$7,774,386 |
$2,836,853
$594,741 |
$4,342,792 |
| 13 |
$8,163,060 |
$2,980,663
$624,474 |
$4,557,923 |
| 14 |
$8,571,364 |
$3,131,735
$655,709 |
$4,783,920 |
| 15 |
$8,999,902 |
$3,290,294
$688,493 |
$5,021,115 |
| 16 |
$9,449,882 |
$3,456,787
$722,916 |
$5,270,179 |
| 17 |
$9,922,210 |
$3,631,548
$759,049 |
$5,531,613 |
| 18 |
$10,418,396 |
$3,815,137
$797,007 |
$5,806,252 |
| 19 |
$10,939,346 |
$4,007,888
$836,860 |
$6,094,598 |
| 20 |
$11,486,268 |
$4,210,250
$878,700 |
$6,397,318 |
| 21 |
$12,060,672 |
$4,422,779
$922,641 |
$6,715,252 |
| 22 |
$12,663,766 |
$4,645,924
$968,778 |
$7,049,064 |
| 23 |
$13,296,758 |
$4,880,131
$1,017,202 |
$7,399,425 |
| 24 |
$13,961,762 |
$5,126,182
$1,068,075 |
$7,767,505 |
| 25 |
$14,659,684 |
$5,384,413
$1,121,466 |
$8,153,805 |
| 26 |
$15,392,940 |
$5,655,718
$1,177,560 |
$8,559,662 |
| 27 |
$16,162,436 |
$5,940,432
$1,236,426 |
$8,985,578 |
| 28 |
$16,970,588 |
$6,239,448
$1,298,250 |
$9,432,890 |
| 29 |
$17,819,208 |
$6,553,437
$1,363,169 |
$9,902,602 |
| 30 |
$18,710,108 |
$6,883,070
$1,431,323 |
$10,395,715 |
|
|
