Jackpot Analysis Wyoming Mega Millions

Jackpot Analysis for Wyoming Mega Millions
The jackpot for the MEGA Millions draw on Fri Jun 27, 2025, is projected to be $348 Million, with an option for a cash payout of $155.5 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 those living in Wyoming, the bright side is you won't have to pay any state taxes on your lottery prize.

Wyoming MEGA Millions Jackpot/Cash Option for Fri Jun 27, 2025
Draw DateFri Jun 27, 2025
Projected Jackpot$348,000,000
Cash Value$155,500,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$155,500,000
Federal Tax(24%)$37,320,000
Additional Federal Tax$20,175,330
State Tax(0%)$0
Net Lumpsum Payment$98,004,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $5,237,748 $1,898,297
$0
$3,339,451
2 $5,499,792 $1,995,253
$0
$3,504,539
3 $5,774,712 $2,096,974
$0
$3,677,738
4 $6,063,552 $2,203,845
$0
$3,859,707
5 $6,366,660 $2,315,995
$0
$4,050,665
6 $6,685,080 $2,433,810
$0
$4,251,270
7 $7,019,160 $2,557,420
$0
$4,461,740
8 $7,370,292 $2,687,338
$0
$4,682,954
9 $7,738,824 $2,823,695
$0
$4,915,129
10 $8,125,800 $2,966,876
$0
$5,158,924
11 $8,531,916 $3,117,139
$0
$5,414,777
12 $8,958,564 $3,274,999
$0
$5,683,565
13 $9,406,440 $3,440,713
$0
$5,965,727
14 $9,876,936 $3,614,797
$0
$6,262,139
15 $10,370,748 $3,797,507
$0
$6,573,241
16 $10,889,268 $3,989,360
$0
$6,899,908
17 $11,433,540 $4,190,740
$0
$7,242,800
18 $12,005,304 $4,402,293
$0
$7,603,011
19 $12,605,604 $4,624,404
$0
$7,981,200
20 $13,235,832 $4,857,588
$0
$8,378,244
21 $13,897,728 $5,102,490
$0
$8,795,238
22 $14,592,684 $5,359,623
$0
$9,233,061
23 $15,322,092 $5,629,504
$0
$9,692,588
24 $16,088,388 $5,913,034
$0
$10,175,354
25 $16,892,616 $6,210,598
$0
$10,682,018
26 $17,737,560 $6,523,228
$0
$11,214,332
27 $18,624,264 $6,851,308
$0
$11,772,956
28 $19,555,512 $7,195,870
$0
$12,359,642
29 $20,533,392 $7,557,685
$0
$12,975,707
30 $21,559,992 $7,937,527
$0
$13,622,465