Jackpot Analysis Kansas Mega Millions

Jackpot Analysis for Kansas Mega Millions
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 Kansas residents, the state will deduct 5% from your lottery earnings.

Kansas MEGA Millions Jackpot/Cash Option for Fri Jun 6, 2025
Draw DateFri 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(5%)$4,970,000
Net Lumpsum Payment$57,691,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,356,373 $1,202,188
$167,819
$1,986,366
2 $3,524,292 $1,264,318
$176,215
$2,083,759
3 $3,700,462 $1,329,501
$185,023
$2,185,938
4 $3,885,552 $1,397,985
$194,278
$2,293,289
5 $4,079,785 $1,469,851
$203,989
$2,405,945
6 $4,283,830 $1,545,347
$214,192
$2,524,291
7 $4,497,910 $1,624,557
$224,896
$2,648,457
8 $4,722,917 $1,707,810
$236,146
$2,778,961
9 $4,959,074 $1,795,188
$247,954
$2,915,932
10 $5,207,050 $1,886,939
$260,353
$3,059,758
11 $5,467,291 $1,983,228
$273,365
$3,210,698
12 $5,740,689 $2,084,385
$287,034
$3,369,270
13 $6,027,690 $2,190,576
$301,385
$3,535,729
14 $6,329,186 $2,302,129
$316,459
$3,710,598
15 $6,645,623 $2,419,211
$332,281
$3,894,131
16 $6,977,893 $2,542,151
$348,895
$4,086,847
17 $7,326,665 $2,671,196
$366,333
$4,289,136
18 $7,693,054 $2,806,760
$384,653
$4,501,641
19 $8,077,729 $2,949,090
$403,886
$4,724,753
20 $8,481,582 $3,098,516
$424,079
$4,958,987
21 $8,905,728 $3,255,450
$445,286
$5,204,992
22 $9,351,059 $3,420,222
$467,553
$5,463,284
23 $9,818,467 $3,593,163
$490,923
$5,734,381
24 $10,309,513 $3,774,850
$515,476
$6,019,187
25 $10,824,866 $3,965,531
$541,243
$6,318,092
26 $11,366,310 $4,165,865
$568,316
$6,632,129
27 $11,934,514 $4,376,101
$596,726
$6,961,687
28 $12,531,262 $4,596,897
$626,563
$7,307,802
29 $13,157,892 $4,828,750
$657,895
$7,671,247
30 $13,815,742 $5,072,155
$690,787
$8,052,800