Jackpot Analysis New Hampshire Mega Millions

Jackpot Analysis for New Hampshire Mega Millions
The jackpot for the MEGA Millions draw on Tue Jun 3, 2025, is projected to be $202 Million, with an option for a cash payout of $90 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 those living in New Hampshire, the bright side is you won't have to pay any state taxes on your lottery prize.

New Hampshire MEGA Millions Jackpot/Cash Option for Tue Jun 3, 2025
Draw DateTue Jun 3, 2025
Projected Jackpot$202,000,000
Cash Value$90,000,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$90,000,000
Federal Tax(24%)$21,600,000
Additional Federal Tax$11,660,330
State Tax(0%)$0
Net Lumpsum Payment$56,739,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,040,302 $1,085,242
$0
$1,955,060
2 $3,192,408 $1,141,521
$0
$2,050,887
3 $3,351,988 $1,200,566
$0
$2,151,422
4 $3,519,648 $1,262,600
$0
$2,257,048
5 $3,695,590 $1,327,699
$0
$2,367,891
6 $3,880,420 $1,396,086
$0
$2,484,334
7 $4,074,340 $1,467,836
$0
$2,606,504
8 $4,278,158 $1,543,249
$0
$2,734,909
9 $4,492,076 $1,622,399
$0
$2,869,677
10 $4,716,700 $1,705,509
$0
$3,011,191
11 $4,952,434 $1,792,731
$0
$3,159,703
12 $5,200,086 $1,884,362
$0
$3,315,724
13 $5,460,060 $1,980,553
$0
$3,479,507
14 $5,733,164 $2,081,601
$0
$3,651,563
15 $6,019,802 $2,187,657
$0
$3,832,145
16 $6,320,782 $2,299,020
$0
$4,021,762
17 $6,636,710 $2,415,913
$0
$4,220,797
18 $6,968,596 $2,538,711
$0
$4,429,885
19 $7,317,046 $2,667,637
$0
$4,649,409
20 $7,682,868 $2,802,992
$0
$4,879,876
21 $8,067,072 $2,945,147
$0
$5,121,925
22 $8,470,466 $3,094,403
$0
$5,376,063
23 $8,893,858 $3,251,058
$0
$5,642,800
24 $9,338,662 $3,415,635
$0
$5,923,027
25 $9,805,484 $3,588,359
$0
$6,217,125
26 $10,295,940 $3,769,828
$0
$6,526,112
27 $10,810,636 $3,960,266
$0
$6,850,370
28 $11,351,188 $4,160,270
$0
$7,190,918
29 $11,918,808 $4,370,289
$0
$7,548,519
30 $12,514,708 $4,590,772
$0
$7,923,936