Jackpot Analysis Kansas Mega Millions

Jackpot Analysis for Kansas Mega Millions
The jackpot for the MEGA Millions draw on Fri Apr 25, 2025, is projected to be $60 Million, with an option for a cash payout of $26.9 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 Kansas residents, the state will deduct 5% from your lottery earnings.

Kansas MEGA Millions Jackpot/Cash Option for Fri Apr 25, 2025
Draw DateFri Apr 25, 2025
Projected Jackpot$60,000,000
Cash Value$26,900,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$26,900,000
Federal Tax(24%)$6,456,000
Additional Federal Tax$3,457,330
State Tax(5%)$1,345,000
Net Lumpsum Payment$15,641,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $903,060 $294,463
$45,153
$563,444
2 $948,240 $311,179
$47,412
$589,649
3 $995,640 $328,717
$49,782
$617,141
4 $1,045,440 $347,143
$52,272
$646,025
5 $1,097,700 $366,479
$54,885
$676,336
6 $1,152,600 $386,792
$57,630
$708,178
7 $1,210,200 $408,104
$60,510
$741,586
8 $1,270,740 $430,504
$63,537
$776,699
9 $1,334,280 $454,014
$66,714
$813,552
10 $1,401,000 $478,700
$70,050
$852,250
11 $1,471,020 $504,608
$73,551
$892,861
12 $1,544,580 $531,825
$77,229
$935,526
13 $1,621,800 $560,396
$81,090
$980,314
14 $1,702,920 $590,411
$85,146
$1,027,363
15 $1,788,060 $621,913
$89,403
$1,076,744
16 $1,877,460 $654,991
$93,873
$1,128,596
17 $1,971,300 $689,711
$98,565
$1,183,024
18 $2,069,880 $726,186
$103,494
$1,240,200
19 $2,173,380 $764,481
$108,669
$1,300,230
20 $2,282,040 $804,685
$114,102
$1,363,253
21 $2,396,160 $846,910
$119,808
$1,429,442
22 $2,515,980 $891,243
$125,799
$1,498,938
23 $2,641,740 $937,774
$132,087
$1,571,879
24 $2,773,860 $986,659
$138,693
$1,648,508
25 $2,912,520 $1,037,963
$145,626
$1,728,931
26 $3,058,200 $1,091,864
$152,910
$1,813,426
27 $3,211,080 $1,148,430
$160,554
$1,902,096
28 $3,371,640 $1,207,837
$168,582
$1,995,221
29 $3,540,240 $1,270,219
$177,012
$2,093,009
30 $3,717,240 $1,335,709
$185,862
$2,195,669