The jackpot for the MEGA Millions draw on Fri Oct 10, 2025, is projected to be $575 Million, with an option for a cash payout of $264.6 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 Fri Oct 10, 2025 |
|---|
| Draw Date | Fri Oct 10, 2025 | | Projected Jackpot | $575,000,000 | | Cash Value | $264,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $264,600,000 | | Federal Tax(24%) | $63,504,000 | | Additional Federal Tax | $34,358,330 | | State Tax(7.65%) | $20,241,900 | | Net Lumpsum Payment | $146,495,770 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,654,325 |
$3,162,431
$662,056 |
$4,829,838 |
| 2 |
$9,087,300 |
$3,322,631
$695,178 |
$5,069,491 |
| 3 |
$9,541,550 |
$3,490,704
$729,929 |
$5,320,917 |
| 4 |
$10,018,800 |
$3,667,286
$766,438 |
$5,585,076 |
| 5 |
$10,519,625 |
$3,852,592
$804,751 |
$5,862,282 |
| 6 |
$11,045,750 |
$4,047,258
$845,000 |
$6,153,492 |
| 7 |
$11,597,750 |
$4,251,498
$887,228 |
$6,459,024 |
| 8 |
$12,177,925 |
$4,466,163
$931,611 |
$6,780,151 |
| 9 |
$12,786,850 |
$4,691,465
$978,194 |
$7,117,191 |
| 10 |
$13,426,250 |
$4,928,043
$1,027,108 |
$7,471,099 |
| 11 |
$14,097,275 |
$5,176,322
$1,078,442 |
$7,842,511 |
| 12 |
$14,802,225 |
$5,437,154
$1,132,370 |
$8,232,701 |
| 13 |
$15,542,250 |
$5,710,963
$1,188,982 |
$8,642,305 |
| 14 |
$16,319,650 |
$5,998,601
$1,248,453 |
$9,072,596 |
| 15 |
$17,135,575 |
$6,300,493
$1,310,871 |
$9,524,211 |
| 16 |
$17,992,325 |
$6,617,491
$1,376,413 |
$9,998,421 |
| 17 |
$18,891,625 |
$6,950,232
$1,445,209 |
$10,496,184 |
| 18 |
$19,836,350 |
$7,299,780
$1,517,481 |
$11,019,089 |
| 19 |
$20,828,225 |
$7,666,774
$1,593,359 |
$11,568,092 |
| 20 |
$21,869,550 |
$8,052,064
$1,673,021 |
$12,144,465 |
| 21 |
$22,963,200 |
$8,456,714
$1,756,685 |
$12,749,801 |
| 22 |
$24,111,475 |
$8,881,576
$1,844,528 |
$13,385,371 |
| 23 |
$25,316,675 |
$9,327,500
$1,936,726 |
$14,052,449 |
| 24 |
$26,582,825 |
$9,795,976
$2,033,586 |
$14,753,263 |
| 25 |
$27,911,650 |
$10,287,641
$2,135,241 |
$15,488,768 |
| 26 |
$29,307,750 |
$10,804,198
$2,242,043 |
$16,261,509 |
| 27 |
$30,772,850 |
$11,346,285
$2,354,123 |
$17,072,442 |
| 28 |
$32,311,550 |
$11,915,604
$2,471,834 |
$17,924,112 |
| 29 |
$33,927,300 |
$12,513,431
$2,595,438 |
$18,818,431 |
| 30 |
$35,623,550 |
$13,141,044
$2,725,202 |
$19,757,304 |
|
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