The jackpot for the MEGA Millions draw on Fri Oct 17, 2025, is projected to be $625 Million, with an option for a cash payout of $288.8 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 Kansas residents, the state will deduct 5% from your lottery earnings.
Kansas MEGA Millions Jackpot/Cash Option for Fri Oct 17, 2025 |
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Draw Date | Fri Oct 17, 2025 | Projected Jackpot | $625,000,000 | Cash Value | $288,800,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $288,800,000 | Federal Tax(24%) | $69,312,000 | Additional Federal Tax | $37,504,330 | State Tax(5%) | $14,440,000 | Net Lumpsum Payment | $167,543,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$9,406,875 |
$3,440,874 $470,344 |
$5,495,657 |
2 |
$9,877,500 |
$3,615,005 $493,875 |
$5,768,620 |
3 |
$10,371,250 |
$3,797,693 $518,563 |
$6,054,994 |
4 |
$10,890,000 |
$3,989,630 $544,500 |
$6,355,870 |
5 |
$11,434,375 |
$4,191,049 $571,719 |
$6,671,607 |
6 |
$12,006,250 |
$4,402,643 $600,313 |
$7,003,294 |
7 |
$12,606,250 |
$4,624,643 $630,313 |
$7,351,294 |
8 |
$13,236,875 |
$4,857,974 $661,844 |
$7,717,057 |
9 |
$13,898,750 |
$5,102,868 $694,938 |
$8,100,944 |
10 |
$14,593,750 |
$5,360,018 $729,688 |
$8,504,044 |
11 |
$15,323,125 |
$5,629,887 $766,156 |
$8,927,082 |
12 |
$16,089,375 |
$5,913,399 $804,469 |
$9,371,507 |
13 |
$16,893,750 |
$6,211,018 $844,688 |
$9,838,044 |
14 |
$17,738,750 |
$6,523,668 $886,938 |
$10,328,144 |
15 |
$18,625,625 |
$6,851,812 $931,281 |
$10,842,532 |
16 |
$19,556,875 |
$7,196,374 $977,844 |
$11,382,657 |
17 |
$20,534,375 |
$7,558,049 $1,026,719 |
$11,949,607 |
18 |
$21,561,250 |
$7,937,993 $1,078,063 |
$12,545,194 |
19 |
$22,639,375 |
$8,336,899 $1,131,969 |
$13,170,507 |
20 |
$23,771,250 |
$8,755,693 $1,188,563 |
$13,826,994 |
21 |
$24,960,000 |
$9,195,530 $1,248,000 |
$14,516,470 |
22 |
$26,208,125 |
$9,657,337 $1,310,406 |
$15,240,382 |
23 |
$27,518,125 |
$10,142,037 $1,375,906 |
$16,000,182 |
24 |
$28,894,375 |
$10,651,249 $1,444,719 |
$16,798,407 |
25 |
$30,338,750 |
$11,185,668 $1,516,938 |
$17,636,144 |
26 |
$31,856,250 |
$11,747,143 $1,592,813 |
$18,516,294 |
27 |
$33,448,750 |
$12,336,368 $1,672,438 |
$19,439,944 |
28 |
$35,121,250 |
$12,955,193 $1,756,063 |
$20,409,994 |
29 |
$36,877,500 |
$13,605,005 $1,843,875 |
$21,428,620 |
30 |
$38,721,250 |
$14,287,193 $1,936,063 |
$22,497,994 |
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