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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin MEGA Millions Jackpot/Cash Option for Tue Oct 7, 2025 |
|---|
| Draw Date | Tue Oct 7, 2025 | | Projected Jackpot | $547,000,000 | | Cash Value | $251,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $251,700,000 | | Federal Tax(24%) | $60,408,000 | | Additional Federal Tax | $32,681,330 | | State Tax(7.65%) | $19,255,050 | | Net Lumpsum Payment | $139,355,620 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,232,897 |
$3,006,502
$629,817 |
$4,596,578 |
| 2 |
$8,644,788 |
$3,158,902
$661,326 |
$4,824,560 |
| 3 |
$9,076,918 |
$3,318,790
$694,384 |
$5,063,744 |
| 4 |
$9,530,928 |
$3,486,774
$729,116 |
$5,315,038 |
| 5 |
$10,007,365 |
$3,663,055
$765,563 |
$5,578,747 |
| 6 |
$10,507,870 |
$3,848,242
$803,852 |
$5,855,776 |
| 7 |
$11,032,990 |
$4,042,537
$844,024 |
$6,146,429 |
| 8 |
$11,584,913 |
$4,246,748
$886,246 |
$6,451,919 |
| 9 |
$12,164,186 |
$4,461,079
$930,560 |
$6,772,547 |
| 10 |
$12,772,450 |
$4,686,137
$977,092 |
$7,109,221 |
| 11 |
$13,410,799 |
$4,922,326
$1,025,926 |
$7,462,547 |
| 12 |
$14,081,421 |
$5,170,456
$1,077,229 |
$7,833,736 |
| 13 |
$14,785,410 |
$5,430,932
$1,131,084 |
$8,223,394 |
| 14 |
$15,524,954 |
$5,704,563
$1,187,659 |
$8,632,732 |
| 15 |
$16,301,147 |
$5,991,755
$1,247,038 |
$9,062,354 |
| 16 |
$17,116,177 |
$6,293,316
$1,309,388 |
$9,513,473 |
| 17 |
$17,971,685 |
$6,609,854
$1,374,834 |
$9,986,997 |
| 18 |
$18,870,406 |
$6,942,381
$1,443,586 |
$10,484,439 |
| 19 |
$19,813,981 |
$7,291,503
$1,515,770 |
$11,006,708 |
| 20 |
$20,804,598 |
$7,658,032
$1,591,552 |
$11,555,014 |
| 21 |
$21,844,992 |
$8,042,977
$1,671,142 |
$12,130,873 |
| 22 |
$22,937,351 |
$8,447,150
$1,754,707 |
$12,735,494 |
| 23 |
$24,083,863 |
$8,871,360
$1,842,416 |
$13,370,087 |
| 24 |
$25,288,357 |
$9,317,022
$1,934,559 |
$14,036,776 |
| 25 |
$26,552,474 |
$9,784,746
$2,031,264 |
$14,736,464 |
| 26 |
$27,880,590 |
$10,276,149
$2,132,865 |
$15,471,576 |
| 27 |
$29,274,346 |
$10,791,838
$2,239,487 |
$16,243,021 |
| 28 |
$30,738,118 |
$11,333,434
$2,351,466 |
$17,053,218 |
| 29 |
$32,275,188 |
$11,902,150
$2,469,052 |
$17,903,986 |
| 30 |
$33,888,838 |
$12,499,200
$2,592,496 |
$18,797,142 |
|
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