The jackpot for the MEGA Millions draw on Tue Feb 25, 2025, is projected to be $181 Million, with an option for a cash payout of $82.7 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 Missouri residents, the state will deduct 4% from your lottery earnings.
| Missouri MEGA Millions Jackpot/Cash Option for Tue Feb 25, 2025 |
|---|
| Draw Date | Tue Feb 25, 2025 | | Projected Jackpot | $181,000,000 | | Cash Value | $82,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $82,700,000 | | Federal Tax(24%) | $19,848,000 | | Additional Federal Tax | $10,711,330 | | State Tax(4%) | $3,308,000 | | Net Lumpsum Payment | $48,832,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,724,231 |
$968,296
$108,969 |
$1,646,966 |
| 2 |
$2,860,524 |
$1,018,724
$114,421 |
$1,727,379 |
| 3 |
$3,003,514 |
$1,071,631
$120,141 |
$1,811,742 |
| 4 |
$3,153,744 |
$1,127,216
$126,150 |
$1,900,378 |
| 5 |
$3,311,395 |
$1,185,547
$132,456 |
$1,993,392 |
| 6 |
$3,477,010 |
$1,246,824
$139,080 |
$2,091,106 |
| 7 |
$3,650,770 |
$1,311,115
$146,031 |
$2,193,624 |
| 8 |
$3,833,399 |
$1,378,688
$153,336 |
$2,301,375 |
| 9 |
$4,025,078 |
$1,449,609
$161,003 |
$2,414,466 |
| 10 |
$4,226,350 |
$1,524,080
$169,054 |
$2,533,216 |
| 11 |
$4,437,577 |
$1,602,234
$177,503 |
$2,657,840 |
| 12 |
$4,659,483 |
$1,684,339
$186,379 |
$2,788,765 |
| 13 |
$4,892,430 |
$1,770,529
$195,697 |
$2,926,204 |
| 14 |
$5,137,142 |
$1,861,073
$205,486 |
$3,070,583 |
| 15 |
$5,393,981 |
$1,956,103
$215,759 |
$3,222,119 |
| 16 |
$5,663,671 |
$2,055,889
$226,547 |
$3,381,235 |
| 17 |
$5,946,755 |
$2,160,630
$237,870 |
$3,548,255 |
| 18 |
$6,244,138 |
$2,270,661
$249,766 |
$3,723,711 |
| 19 |
$6,556,363 |
$2,386,185
$262,255 |
$3,907,923 |
| 20 |
$6,884,154 |
$2,507,467
$275,366 |
$4,101,321 |
| 21 |
$7,228,416 |
$2,634,844
$289,137 |
$4,304,435 |
| 22 |
$7,589,873 |
$2,768,583
$303,595 |
$4,517,695 |
| 23 |
$7,969,249 |
$2,908,953
$318,770 |
$4,741,526 |
| 24 |
$8,367,811 |
$3,056,420
$334,712 |
$4,976,679 |
| 25 |
$8,786,102 |
$3,211,188
$351,444 |
$5,223,470 |
| 26 |
$9,225,570 |
$3,373,791
$369,023 |
$5,482,756 |
| 27 |
$9,686,758 |
$3,544,431
$387,470 |
$5,754,857 |
| 28 |
$10,171,114 |
$3,723,643
$406,845 |
$6,040,626 |
| 29 |
$10,679,724 |
$3,911,828
$427,189 |
$6,340,707 |
| 30 |
$11,213,674 |
$4,109,390
$448,547 |
$6,655,737 |
|
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