The jackpot for the MEGA Millions draw on Tue Sep 16, 2025, is projected to be $400 Million, with an option for a cash payout of $185.8 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 Sep 16, 2025 |
|---|
| Draw Date | Tue Sep 16, 2025 | | Projected Jackpot | $400,000,000 | | Cash Value | $185,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $185,800,000 | | Federal Tax(24%) | $44,592,000 | | Additional Federal Tax | $24,114,330 | | State Tax(7.65%) | $14,213,700 | | Net Lumpsum Payment | $102,879,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,020,400 |
$2,187,878
$460,561 |
$3,371,961 |
| 2 |
$6,321,600 |
$2,299,322
$483,602 |
$3,538,676 |
| 3 |
$6,637,600 |
$2,416,242
$507,776 |
$3,713,582 |
| 4 |
$6,969,600 |
$2,539,082
$533,174 |
$3,897,344 |
| 5 |
$7,318,000 |
$2,667,990
$559,827 |
$4,090,183 |
| 6 |
$7,684,000 |
$2,803,410
$587,826 |
$4,292,764 |
| 7 |
$8,068,000 |
$2,945,490
$617,202 |
$4,505,308 |
| 8 |
$8,471,600 |
$3,094,822
$648,077 |
$4,728,701 |
| 9 |
$8,895,200 |
$3,251,554
$680,483 |
$4,963,163 |
| 10 |
$9,340,000 |
$3,416,130
$714,510 |
$5,209,360 |
| 11 |
$9,806,800 |
$3,588,846
$750,220 |
$5,467,734 |
| 12 |
$10,297,200 |
$3,770,294
$787,736 |
$5,739,170 |
| 13 |
$10,812,000 |
$3,960,770
$827,118 |
$6,024,112 |
| 14 |
$11,352,800 |
$4,160,866
$868,489 |
$6,323,445 |
| 15 |
$11,920,400 |
$4,370,878
$911,911 |
$6,637,611 |
| 16 |
$12,516,400 |
$4,591,398
$957,505 |
$6,967,497 |
| 17 |
$13,142,000 |
$4,822,870
$1,005,363 |
$7,313,767 |
| 18 |
$13,799,200 |
$5,066,034
$1,055,639 |
$7,677,527 |
| 19 |
$14,489,200 |
$5,321,334
$1,108,424 |
$8,059,442 |
| 20 |
$15,213,600 |
$5,589,362
$1,163,840 |
$8,460,398 |
| 21 |
$15,974,400 |
$5,870,858
$1,222,042 |
$8,881,500 |
| 22 |
$16,773,200 |
$6,166,414
$1,283,150 |
$9,323,636 |
| 23 |
$17,611,600 |
$6,476,622
$1,347,287 |
$9,787,691 |
| 24 |
$18,492,400 |
$6,802,518
$1,414,669 |
$10,275,213 |
| 25 |
$19,416,800 |
$7,144,546
$1,485,385 |
$10,786,869 |
| 26 |
$20,388,000 |
$7,503,890
$1,559,682 |
$11,324,428 |
| 27 |
$21,407,200 |
$7,880,994
$1,637,651 |
$11,888,555 |
| 28 |
$22,477,600 |
$8,277,042
$1,719,536 |
$12,481,022 |
| 29 |
$23,601,600 |
$8,692,922
$1,805,522 |
$13,103,156 |
| 30 |
$24,781,600 |
$9,129,522
$1,895,792 |
$13,756,286 |
|
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