The jackpot for the MEGA Millions draw on Fri May 30, 2025, is projected to be $189 Million, with an option for a cash payout of $82.7 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 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 May 30, 2025 |
|---|
| Draw Date | Fri May 30, 2025 | | Projected Jackpot | $189,000,000 | | Cash Value | $82,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $82,700,000 | | Federal Tax(24%) | $19,848,000 | | Additional Federal Tax | $10,711,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $52,140,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,844,639 |
$1,012,847
$0 |
$1,831,792 |
| 2 |
$2,986,956 |
$1,065,504
$0 |
$1,921,452 |
| 3 |
$3,136,266 |
$1,120,749
$0 |
$2,015,517 |
| 4 |
$3,293,136 |
$1,178,791
$0 |
$2,114,345 |
| 5 |
$3,457,755 |
$1,239,700
$0 |
$2,218,055 |
| 6 |
$3,630,690 |
$1,303,686
$0 |
$2,327,004 |
| 7 |
$3,812,130 |
$1,370,818
$0 |
$2,441,312 |
| 8 |
$4,002,831 |
$1,441,378
$0 |
$2,561,453 |
| 9 |
$4,202,982 |
$1,515,434
$0 |
$2,687,548 |
| 10 |
$4,413,150 |
$1,593,196
$0 |
$2,819,954 |
| 11 |
$4,633,713 |
$1,674,804
$0 |
$2,958,909 |
| 12 |
$4,865,427 |
$1,760,538
$0 |
$3,104,889 |
| 13 |
$5,108,670 |
$1,850,538
$0 |
$3,258,132 |
| 14 |
$5,364,198 |
$1,945,084
$0 |
$3,419,114 |
| 15 |
$5,632,389 |
$2,044,314
$0 |
$3,588,075 |
| 16 |
$5,913,999 |
$2,148,510
$0 |
$3,765,489 |
| 17 |
$6,209,595 |
$2,257,881
$0 |
$3,951,714 |
| 18 |
$6,520,122 |
$2,372,776
$0 |
$4,147,346 |
| 19 |
$6,846,147 |
$2,493,405
$0 |
$4,352,742 |
| 20 |
$7,188,426 |
$2,620,048
$0 |
$4,568,378 |
| 21 |
$7,547,904 |
$2,753,055
$0 |
$4,794,849 |
| 22 |
$7,925,337 |
$2,892,705
$0 |
$5,032,632 |
| 23 |
$8,321,481 |
$3,039,278
$0 |
$5,282,203 |
| 24 |
$8,737,659 |
$3,193,264
$0 |
$5,544,395 |
| 25 |
$9,174,438 |
$3,354,872
$0 |
$5,819,566 |
| 26 |
$9,633,330 |
$3,524,662
$0 |
$6,108,668 |
| 27 |
$10,114,902 |
$3,702,844
$0 |
$6,412,058 |
| 28 |
$10,620,666 |
$3,889,977
$0 |
$6,730,689 |
| 29 |
$11,151,756 |
$4,086,480
$0 |
$7,065,276 |
| 30 |
$11,709,306 |
$4,292,774
$0 |
$7,416,532 |
|
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