The jackpot for the MEGA Millions draw on Tue Oct 7, 2025, is projected to be $547 Million, with an option for a cash payout of $251.7 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 Tue Oct 7, 2025 |
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Draw Date | Tue Oct 7, 2025 | Projected Jackpot | $547,000,000 | Cash Value | $251,700,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $251,700,000 | Federal Tax(24%) | $60,408,000 | Additional Federal Tax | $32,681,330 | State Tax(5%) | $12,585,000 | Net Lumpsum Payment | $146,025,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$8,232,897 |
$3,006,502 $411,645 |
$4,814,750 |
2 |
$8,644,788 |
$3,158,902 $432,239 |
$5,053,647 |
3 |
$9,076,918 |
$3,318,790 $453,846 |
$5,304,282 |
4 |
$9,530,928 |
$3,486,774 $476,546 |
$5,567,608 |
5 |
$10,007,365 |
$3,663,055 $500,368 |
$5,843,942 |
6 |
$10,507,870 |
$3,848,242 $525,394 |
$6,134,234 |
7 |
$11,032,990 |
$4,042,537 $551,650 |
$6,438,803 |
8 |
$11,584,913 |
$4,246,748 $579,246 |
$6,758,919 |
9 |
$12,164,186 |
$4,461,079 $608,209 |
$7,094,898 |
10 |
$12,772,450 |
$4,686,137 $638,623 |
$7,447,690 |
11 |
$13,410,799 |
$4,922,326 $670,540 |
$7,817,933 |
12 |
$14,081,421 |
$5,170,456 $704,071 |
$8,206,894 |
13 |
$14,785,410 |
$5,430,932 $739,271 |
$8,615,207 |
14 |
$15,524,954 |
$5,704,563 $776,248 |
$9,044,143 |
15 |
$16,301,147 |
$5,991,755 $815,057 |
$9,494,335 |
16 |
$17,116,177 |
$6,293,316 $855,809 |
$9,967,052 |
17 |
$17,971,685 |
$6,609,854 $898,584 |
$10,463,247 |
18 |
$18,870,406 |
$6,942,381 $943,520 |
$10,984,505 |
19 |
$19,813,981 |
$7,291,503 $990,699 |
$11,531,779 |
20 |
$20,804,598 |
$7,658,032 $1,040,230 |
$12,106,336 |
21 |
$21,844,992 |
$8,042,977 $1,092,250 |
$12,709,765 |
22 |
$22,937,351 |
$8,447,150 $1,146,868 |
$13,343,333 |
23 |
$24,083,863 |
$8,871,360 $1,204,193 |
$14,008,310 |
24 |
$25,288,357 |
$9,317,022 $1,264,418 |
$14,706,917 |
25 |
$26,552,474 |
$9,784,746 $1,327,624 |
$15,440,104 |
26 |
$27,880,590 |
$10,276,149 $1,394,030 |
$16,210,411 |
27 |
$29,274,346 |
$10,791,838 $1,463,717 |
$17,018,791 |
28 |
$30,738,118 |
$11,333,434 $1,536,906 |
$17,867,778 |
29 |
$32,275,188 |
$11,902,150 $1,613,759 |
$18,759,279 |
30 |
$33,888,838 |
$12,499,200 $1,694,442 |
$19,695,196 |
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