The jackpot for the MEGA Millions draw on Tue Oct 7, 2025, is projected to be $547 Million, with an option for a cash payout of $251.7 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
Pennsylvania MEGA Millions Jackpot/Cash Option for Tue Oct 7, 2025 |
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Draw Date | Tue Oct 7, 2025 | Projected Jackpot | $547,000,000 | Cash Value | $251,700,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $251,700,000 | Federal Tax(24%) | $60,408,000 | Additional Federal Tax | $32,681,330 | State Tax(3.07%) | $7,727,190 | Net Lumpsum Payment | $150,883,480 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$8,232,897 |
$3,006,502 $252,750 |
$4,973,645 |
2 |
$8,644,788 |
$3,158,902 $265,395 |
$5,220,491 |
3 |
$9,076,918 |
$3,318,790 $278,661 |
$5,479,467 |
4 |
$9,530,928 |
$3,486,774 $292,599 |
$5,751,555 |
5 |
$10,007,365 |
$3,663,055 $307,226 |
$6,037,084 |
6 |
$10,507,870 |
$3,848,242 $322,592 |
$6,337,036 |
7 |
$11,032,990 |
$4,042,537 $338,713 |
$6,651,740 |
8 |
$11,584,913 |
$4,246,748 $355,657 |
$6,982,508 |
9 |
$12,164,186 |
$4,461,079 $373,441 |
$7,329,666 |
10 |
$12,772,450 |
$4,686,137 $392,114 |
$7,694,199 |
11 |
$13,410,799 |
$4,922,326 $411,712 |
$8,076,761 |
12 |
$14,081,421 |
$5,170,456 $432,300 |
$8,478,665 |
13 |
$14,785,410 |
$5,430,932 $453,912 |
$8,900,566 |
14 |
$15,524,954 |
$5,704,563 $476,616 |
$9,343,775 |
15 |
$16,301,147 |
$5,991,755 $500,445 |
$9,808,947 |
16 |
$17,116,177 |
$6,293,316 $525,467 |
$10,297,394 |
17 |
$17,971,685 |
$6,609,854 $551,731 |
$10,810,100 |
18 |
$18,870,406 |
$6,942,381 $579,321 |
$11,348,704 |
19 |
$19,813,981 |
$7,291,503 $608,289 |
$11,914,189 |
20 |
$20,804,598 |
$7,658,032 $638,701 |
$12,507,865 |
21 |
$21,844,992 |
$8,042,977 $670,641 |
$13,131,374 |
22 |
$22,937,351 |
$8,447,150 $704,177 |
$13,786,024 |
23 |
$24,083,863 |
$8,871,360 $739,375 |
$14,473,128 |
24 |
$25,288,357 |
$9,317,022 $776,353 |
$15,194,982 |
25 |
$26,552,474 |
$9,784,746 $815,161 |
$15,952,567 |
26 |
$27,880,590 |
$10,276,149 $855,934 |
$16,748,507 |
27 |
$29,274,346 |
$10,791,838 $898,722 |
$17,583,786 |
28 |
$30,738,118 |
$11,333,434 $943,660 |
$18,461,024 |
29 |
$32,275,188 |
$11,902,150 $990,848 |
$19,382,190 |
30 |
$33,888,838 |
$12,499,200 $1,040,387 |
$20,349,251 |
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