The jackpot for the MEGA Millions draw on Tue May 13, 2025, is projected to be $110 Million, with an option for a cash payout of $49.4 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 Missouri residents, the state will deduct 4% from your lottery earnings.
| Missouri MEGA Millions Jackpot/Cash Option for Tue May 13, 2025 |
|---|
| Draw Date | Tue May 13, 2025 | | Projected Jackpot | $110,000,000 | | Cash Value | $49,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $49,400,000 | | Federal Tax(24%) | $11,856,000 | | Additional Federal Tax | $6,382,330 | | State Tax(4%) | $1,976,000 | | Net Lumpsum Payment | $29,185,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,655,610 |
$572,906
$66,224 |
$1,016,480 |
| 2 |
$1,738,440 |
$603,553
$69,538 |
$1,065,349 |
| 3 |
$1,825,340 |
$635,706
$73,014 |
$1,116,620 |
| 4 |
$1,916,640 |
$669,487
$76,666 |
$1,170,487 |
| 5 |
$2,012,450 |
$704,937
$80,498 |
$1,227,015 |
| 6 |
$2,113,100 |
$742,177
$84,524 |
$1,286,399 |
| 7 |
$2,218,700 |
$781,249
$88,748 |
$1,348,703 |
| 8 |
$2,329,690 |
$822,316
$93,188 |
$1,414,186 |
| 9 |
$2,446,180 |
$865,417
$97,847 |
$1,482,916 |
| 10 |
$2,568,500 |
$910,675
$102,740 |
$1,555,085 |
| 11 |
$2,696,870 |
$958,172
$107,875 |
$1,630,823 |
| 12 |
$2,831,730 |
$1,008,070
$113,269 |
$1,710,391 |
| 13 |
$2,973,300 |
$1,060,451
$118,932 |
$1,793,917 |
| 14 |
$3,122,020 |
$1,115,478
$124,881 |
$1,881,661 |
| 15 |
$3,278,110 |
$1,173,231
$131,124 |
$1,973,755 |
| 16 |
$3,442,010 |
$1,233,874
$137,680 |
$2,070,456 |
| 17 |
$3,614,050 |
$1,297,529
$144,562 |
$2,171,959 |
| 18 |
$3,794,780 |
$1,364,399
$151,791 |
$2,278,590 |
| 19 |
$3,984,530 |
$1,434,606
$159,381 |
$2,390,543 |
| 20 |
$4,183,740 |
$1,508,314
$167,350 |
$2,508,076 |
| 21 |
$4,392,960 |
$1,585,726
$175,718 |
$2,631,516 |
| 22 |
$4,612,630 |
$1,667,003
$184,505 |
$2,761,122 |
| 23 |
$4,843,190 |
$1,752,311
$193,728 |
$2,897,151 |
| 24 |
$5,085,410 |
$1,841,932
$203,416 |
$3,040,062 |
| 25 |
$5,339,620 |
$1,935,990
$213,585 |
$3,190,045 |
| 26 |
$5,606,700 |
$2,034,809
$224,268 |
$3,347,623 |
| 27 |
$5,886,980 |
$2,138,513
$235,479 |
$3,512,988 |
| 28 |
$6,181,340 |
$2,247,426
$247,254 |
$3,686,660 |
| 29 |
$6,490,440 |
$2,361,793
$259,618 |
$3,869,029 |
| 30 |
$6,814,940 |
$2,481,858
$272,598 |
$4,060,484 |
|
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