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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania MEGA Millions Jackpot/Cash Option for Tue Jun 3, 2025 |
|---|
| Draw Date | Tue 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(3.07%) | $2,763,000 | | Net Lumpsum Payment | $53,976,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,040,302 |
$1,085,242
$93,337 |
$1,861,723 |
| 2 |
$3,192,408 |
$1,141,521
$98,007 |
$1,952,880 |
| 3 |
$3,351,988 |
$1,200,566
$102,906 |
$2,048,516 |
| 4 |
$3,519,648 |
$1,262,600
$108,053 |
$2,148,995 |
| 5 |
$3,695,590 |
$1,327,699
$113,455 |
$2,254,436 |
| 6 |
$3,880,420 |
$1,396,086
$119,129 |
$2,365,205 |
| 7 |
$4,074,340 |
$1,467,836
$125,082 |
$2,481,422 |
| 8 |
$4,278,158 |
$1,543,249
$131,339 |
$2,603,570 |
| 9 |
$4,492,076 |
$1,622,399
$137,907 |
$2,731,770 |
| 10 |
$4,716,700 |
$1,705,509
$144,803 |
$2,866,388 |
| 11 |
$4,952,434 |
$1,792,731
$152,040 |
$3,007,663 |
| 12 |
$5,200,086 |
$1,884,362
$159,643 |
$3,156,081 |
| 13 |
$5,460,060 |
$1,980,553
$167,624 |
$3,311,883 |
| 14 |
$5,733,164 |
$2,081,601
$176,008 |
$3,475,555 |
| 15 |
$6,019,802 |
$2,187,657
$184,808 |
$3,647,337 |
| 16 |
$6,320,782 |
$2,299,020
$194,048 |
$3,827,714 |
| 17 |
$6,636,710 |
$2,415,913
$203,747 |
$4,017,050 |
| 18 |
$6,968,596 |
$2,538,711
$213,936 |
$4,215,949 |
| 19 |
$7,317,046 |
$2,667,637
$224,633 |
$4,424,776 |
| 20 |
$7,682,868 |
$2,802,992
$235,864 |
$4,644,012 |
| 21 |
$8,067,072 |
$2,945,147
$247,659 |
$4,874,266 |
| 22 |
$8,470,466 |
$3,094,403
$260,043 |
$5,116,020 |
| 23 |
$8,893,858 |
$3,251,058
$273,041 |
$5,369,759 |
| 24 |
$9,338,662 |
$3,415,635
$286,697 |
$5,636,330 |
| 25 |
$9,805,484 |
$3,588,359
$301,028 |
$5,916,097 |
| 26 |
$10,295,940 |
$3,769,828
$316,085 |
$6,210,027 |
| 27 |
$10,810,636 |
$3,960,266
$331,887 |
$6,518,483 |
| 28 |
$11,351,188 |
$4,160,270
$348,481 |
$6,842,437 |
| 29 |
$11,918,808 |
$4,370,289
$365,907 |
$7,182,612 |
| 30 |
$12,514,708 |
$4,590,772
$384,202 |
$7,539,734 |
|
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