The jackpot for the MEGA Millions draw on Fri Oct 10, 2025, is projected to be $575 Million, with an option for a cash payout of $264.6 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 Fri Oct 10, 2025 |
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Draw Date | Fri Oct 10, 2025 | Projected Jackpot | $575,000,000 | Cash Value | $264,600,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $264,600,000 | Federal Tax(24%) | $63,504,000 | Additional Federal Tax | $34,358,330 | State Tax(4%) | $10,584,000 | Net Lumpsum Payment | $156,153,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$8,654,325 |
$3,162,431 $346,173 |
$5,145,721 |
2 |
$9,087,300 |
$3,322,631 $363,492 |
$5,401,177 |
3 |
$9,541,550 |
$3,490,704 $381,662 |
$5,669,184 |
4 |
$10,018,800 |
$3,667,286 $400,752 |
$5,950,762 |
5 |
$10,519,625 |
$3,852,592 $420,785 |
$6,246,248 |
6 |
$11,045,750 |
$4,047,258 $441,830 |
$6,556,662 |
7 |
$11,597,750 |
$4,251,498 $463,910 |
$6,882,342 |
8 |
$12,177,925 |
$4,466,163 $487,117 |
$7,224,645 |
9 |
$12,786,850 |
$4,691,465 $511,474 |
$7,583,911 |
10 |
$13,426,250 |
$4,928,043 $537,050 |
$7,961,157 |
11 |
$14,097,275 |
$5,176,322 $563,891 |
$8,357,062 |
12 |
$14,802,225 |
$5,437,154 $592,089 |
$8,772,982 |
13 |
$15,542,250 |
$5,710,963 $621,690 |
$9,209,597 |
14 |
$16,319,650 |
$5,998,601 $652,786 |
$9,668,263 |
15 |
$17,135,575 |
$6,300,493 $685,423 |
$10,149,659 |
16 |
$17,992,325 |
$6,617,491 $719,693 |
$10,655,141 |
17 |
$18,891,625 |
$6,950,232 $755,665 |
$11,185,728 |
18 |
$19,836,350 |
$7,299,780 $793,454 |
$11,743,116 |
19 |
$20,828,225 |
$7,666,774 $833,129 |
$12,328,322 |
20 |
$21,869,550 |
$8,052,064 $874,782 |
$12,942,704 |
21 |
$22,963,200 |
$8,456,714 $918,528 |
$13,587,958 |
22 |
$24,111,475 |
$8,881,576 $964,459 |
$14,265,440 |
23 |
$25,316,675 |
$9,327,500 $1,012,667 |
$14,976,508 |
24 |
$26,582,825 |
$9,795,976 $1,063,313 |
$15,723,536 |
25 |
$27,911,650 |
$10,287,641 $1,116,466 |
$16,507,543 |
26 |
$29,307,750 |
$10,804,198 $1,172,310 |
$17,331,242 |
27 |
$30,772,850 |
$11,346,285 $1,230,914 |
$18,195,651 |
28 |
$32,311,550 |
$11,915,604 $1,292,462 |
$19,103,484 |
29 |
$33,927,300 |
$12,513,431 $1,357,092 |
$20,056,777 |
30 |
$35,623,550 |
$13,141,044 $1,424,942 |
$21,057,564 |
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