The jackpot for the MEGA Millions draw on Fri Nov 7, 2025, is projected to be $843 Million, with an option for a cash payout of $391.7 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 Nov 7, 2025 |
|---|
| Draw Date | Fri Nov 7, 2025 | | Projected Jackpot | $843,000,000 | | Cash Value | $391,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $391,700,000 | | Federal Tax(24%) | $94,008,000 | | Additional Federal Tax | $50,881,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $246,810,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,687,993 |
$4,654,888
$0 |
$8,033,105 |
| 2 |
$13,322,772 |
$4,889,756
$0 |
$8,433,016 |
| 3 |
$13,988,742 |
$5,136,165
$0 |
$8,852,577 |
| 4 |
$14,688,432 |
$5,395,050
$0 |
$9,293,382 |
| 5 |
$15,422,685 |
$5,666,724
$0 |
$9,755,961 |
| 6 |
$16,194,030 |
$5,952,121
$0 |
$10,241,909 |
| 7 |
$17,003,310 |
$6,251,555
$0 |
$10,751,755 |
| 8 |
$17,853,897 |
$6,566,272
$0 |
$11,287,625 |
| 9 |
$18,746,634 |
$6,896,585
$0 |
$11,850,049 |
| 10 |
$19,684,050 |
$7,243,429
$0 |
$12,440,621 |
| 11 |
$20,667,831 |
$7,607,428
$0 |
$13,060,403 |
| 12 |
$21,701,349 |
$7,989,830
$0 |
$13,711,519 |
| 13 |
$22,786,290 |
$8,391,258
$0 |
$14,395,032 |
| 14 |
$23,926,026 |
$8,812,960
$0 |
$15,113,066 |
| 15 |
$25,122,243 |
$9,255,560
$0 |
$15,866,683 |
| 16 |
$26,378,313 |
$9,720,306
$0 |
$16,658,007 |
| 17 |
$27,696,765 |
$10,208,133
$0 |
$17,488,632 |
| 18 |
$29,081,814 |
$10,720,602
$0 |
$18,361,212 |
| 19 |
$30,535,989 |
$11,258,646
$0 |
$19,277,343 |
| 20 |
$32,062,662 |
$11,823,515
$0 |
$20,239,147 |
| 21 |
$33,666,048 |
$12,416,768
$0 |
$21,249,280 |
| 22 |
$35,349,519 |
$13,039,652
$0 |
$22,309,867 |
| 23 |
$37,116,447 |
$13,693,416
$0 |
$23,423,031 |
| 24 |
$38,972,733 |
$14,380,242
$0 |
$24,592,491 |
| 25 |
$40,920,906 |
$15,101,066
$0 |
$25,819,840 |
| 26 |
$42,967,710 |
$15,858,383
$0 |
$27,109,327 |
| 27 |
$45,115,674 |
$16,653,130
$0 |
$28,462,544 |
| 28 |
$47,371,542 |
$17,487,801
$0 |
$29,883,741 |
| 29 |
$49,740,372 |
$18,364,268
$0 |
$31,376,104 |
| 30 |
$52,227,222 |
$19,284,403
$0 |
$32,942,819 |
|
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