Jackpot Analysis Pennsylvania Mega Millions

Jackpot Analysis for Pennsylvania Mega Millions
The jackpot for the MEGA Millions draw on Fri Oct 3, 2025, is projected to be $520 Million, with an option for a cash payout of $240.1 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 Fri Oct 3, 2025
Draw DateFri Oct 3, 2025
Projected Jackpot$520,000,000
Cash Value$240,100,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$240,100,000
Federal Tax(24%)$57,624,000
Additional Federal Tax$31,173,330
State Tax(3.07%)$7,371,070
Net Lumpsum Payment$143,931,600
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $7,826,520 $2,856,143
$240,274
$4,730,103
2 $8,218,080 $3,001,020
$252,295
$4,964,765
3 $8,628,880 $3,153,016
$264,907
$5,210,957
4 $9,060,480 $3,312,708
$278,157
$5,469,615
5 $9,513,400 $3,480,288
$292,061
$5,741,051
6 $9,989,200 $3,656,334
$306,668
$6,026,198
7 $10,488,400 $3,841,038
$321,994
$6,325,368
8 $11,013,080 $4,035,170
$338,102
$6,639,808
9 $11,563,760 $4,238,922
$355,007
$6,969,831
10 $12,142,000 $4,452,870
$372,759
$7,316,371
11 $12,748,840 $4,677,401
$391,389
$7,680,050
12 $13,386,360 $4,913,284
$410,961
$8,062,115
13 $14,055,600 $5,160,902
$431,507
$8,463,191
14 $14,758,640 $5,421,027
$453,090
$8,884,523
15 $15,496,520 $5,694,043
$475,743
$9,326,734
16 $16,271,320 $5,980,719
$499,530
$9,791,071
17 $17,084,600 $6,281,632
$524,497
$10,278,471
18 $17,938,960 $6,597,746
$550,726
$10,790,488
19 $18,835,960 $6,929,636
$578,264
$11,328,060
20 $19,777,680 $7,278,072
$607,175
$11,892,433
21 $20,766,720 $7,644,017
$637,538
$12,485,165
22 $21,805,160 $8,028,240
$669,418
$13,107,502
23 $22,895,080 $8,431,510
$702,879
$13,760,691
24 $24,040,120 $8,855,175
$738,032
$14,446,913
25 $25,241,840 $9,299,811
$774,924
$15,167,105
26 $26,504,400 $9,766,958
$813,685
$15,923,757
27 $27,829,360 $10,257,194
$854,361
$16,717,805
28 $29,220,880 $10,772,056
$897,081
$17,551,743
29 $30,682,080 $11,312,700
$941,940
$18,427,440
30 $32,216,080 $11,880,280
$989,034
$19,346,766