The jackpot for the MEGA Millions draw on Fri Sep 26, 2025, is projected to be $474 Million, with an option for a cash payout of $219.4 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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana MEGA Millions Jackpot/Cash Option for Fri Sep 26, 2025 |
|---|
| Draw Date | Fri Sep 26, 2025 | | Projected Jackpot | $474,000,000 | | Cash Value | $219,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $219,400,000 | | Federal Tax(24%) | $52,656,000 | | Additional Federal Tax | $28,482,330 | | State Tax(4.75%) | $10,421,500 | | Net Lumpsum Payment | $127,840,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,134,174 |
$2,599,975
$338,873 |
$4,195,326 |
| 2 |
$7,491,096 |
$2,732,036
$355,827 |
$4,403,233 |
| 3 |
$7,865,556 |
$2,870,586
$373,614 |
$4,621,356 |
| 4 |
$8,258,976 |
$3,016,152
$392,301 |
$4,850,523 |
| 5 |
$8,671,830 |
$3,168,907
$411,912 |
$5,091,011 |
| 6 |
$9,105,540 |
$3,329,380
$432,513 |
$5,343,647 |
| 7 |
$9,560,580 |
$3,497,745
$454,128 |
$5,608,707 |
| 8 |
$10,038,846 |
$3,674,703
$476,845 |
$5,887,298 |
| 9 |
$10,540,812 |
$3,860,431
$500,689 |
$6,179,692 |
| 10 |
$11,067,900 |
$4,055,453
$525,725 |
$6,486,722 |
| 11 |
$11,621,058 |
$4,260,122
$552,000 |
$6,808,936 |
| 12 |
$12,202,182 |
$4,475,138
$579,604 |
$7,147,440 |
| 13 |
$12,812,220 |
$4,700,852
$608,580 |
$7,502,788 |
| 14 |
$13,453,068 |
$4,937,966
$639,021 |
$7,876,081 |
| 15 |
$14,125,674 |
$5,186,830
$670,970 |
$8,267,874 |
| 16 |
$14,831,934 |
$5,448,146
$704,517 |
$8,679,271 |
| 17 |
$15,573,270 |
$5,722,440
$739,730 |
$9,111,100 |
| 18 |
$16,352,052 |
$6,010,590
$776,722 |
$9,564,740 |
| 19 |
$17,169,702 |
$6,313,120
$815,561 |
$10,041,021 |
| 20 |
$18,028,116 |
$6,630,733
$856,336 |
$10,541,047 |
| 21 |
$18,929,664 |
$6,964,306
$899,159 |
$11,066,199 |
| 22 |
$19,876,242 |
$7,314,540
$944,121 |
$11,617,581 |
| 23 |
$20,869,746 |
$7,682,136
$991,313 |
$12,196,297 |
| 24 |
$21,913,494 |
$8,068,323
$1,040,891 |
$12,804,280 |
| 25 |
$23,008,908 |
$8,473,626
$1,092,923 |
$13,442,359 |
| 26 |
$24,159,780 |
$8,899,449
$1,147,590 |
$14,112,741 |
| 27 |
$25,367,532 |
$9,346,317
$1,204,958 |
$14,816,257 |
| 28 |
$26,635,956 |
$9,815,634
$1,265,208 |
$15,555,114 |
| 29 |
$27,967,896 |
$10,308,452
$1,328,475 |
$16,330,969 |
| 30 |
$29,366,196 |
$10,825,823
$1,394,894 |
$17,145,479 |
|
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