The jackpot for the MEGA Millions draw on Tue May 27, 2025, is projected to be $173 Million, with an option for a cash payout of $75.7 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 Missouri residents, the state will deduct 4% from your lottery earnings.
| Missouri MEGA Millions Jackpot/Cash Option for Tue May 27, 2025 |
|---|
| Draw Date | Tue May 27, 2025 | | Projected Jackpot | $173,000,000 | | Cash Value | $75,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $75,700,000 | | Federal Tax(24%) | $18,168,000 | | Additional Federal Tax | $9,801,330 | | State Tax(4%) | $3,028,000 | | Net Lumpsum Payment | $44,702,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,603,823 |
$923,745
$104,153 |
$1,575,925 |
| 2 |
$2,734,092 |
$971,944
$109,364 |
$1,652,784 |
| 3 |
$2,870,762 |
$1,022,512
$114,830 |
$1,733,420 |
| 4 |
$3,014,352 |
$1,075,641
$120,574 |
$1,818,137 |
| 5 |
$3,165,035 |
$1,131,393
$126,601 |
$1,907,041 |
| 6 |
$3,323,330 |
$1,189,962
$132,933 |
$2,000,435 |
| 7 |
$3,489,410 |
$1,251,412
$139,576 |
$2,098,422 |
| 8 |
$3,663,967 |
$1,315,998
$146,559 |
$2,201,410 |
| 9 |
$3,847,174 |
$1,383,785
$153,887 |
$2,309,502 |
| 10 |
$4,039,550 |
$1,454,964
$161,582 |
$2,423,004 |
| 11 |
$4,241,441 |
$1,529,664
$169,658 |
$2,542,119 |
| 12 |
$4,453,539 |
$1,608,140
$178,142 |
$2,667,257 |
| 13 |
$4,676,190 |
$1,690,521
$187,048 |
$2,798,621 |
| 14 |
$4,910,086 |
$1,777,062
$196,403 |
$2,936,621 |
| 15 |
$5,155,573 |
$1,867,892
$206,223 |
$3,081,458 |
| 16 |
$5,413,343 |
$1,963,267
$216,534 |
$3,233,542 |
| 17 |
$5,683,915 |
$2,063,379
$227,357 |
$3,393,179 |
| 18 |
$5,968,154 |
$2,168,547
$238,726 |
$3,560,881 |
| 19 |
$6,266,579 |
$2,278,965
$250,663 |
$3,736,951 |
| 20 |
$6,579,882 |
$2,394,887
$263,195 |
$3,921,800 |
| 21 |
$6,908,928 |
$2,516,634
$276,357 |
$4,115,937 |
| 22 |
$7,254,409 |
$2,644,462
$290,176 |
$4,319,771 |
| 23 |
$7,617,017 |
$2,778,627
$304,681 |
$4,533,709 |
| 24 |
$7,997,963 |
$2,919,577
$319,919 |
$4,758,467 |
| 25 |
$8,397,766 |
$3,067,504
$335,911 |
$4,994,351 |
| 26 |
$8,817,810 |
$3,222,920
$352,712 |
$5,242,178 |
| 27 |
$9,258,614 |
$3,386,018
$370,345 |
$5,502,251 |
| 28 |
$9,721,562 |
$3,557,308
$388,862 |
$5,775,392 |
| 29 |
$10,207,692 |
$3,737,176
$408,308 |
$6,062,208 |
| 30 |
$10,718,042 |
$3,926,006
$428,722 |
$6,363,314 |
|
|
