The jackpot for the MEGA Millions draw on Fri Sep 19, 2025, is projected to be $423 Million, with an option for a cash payout of $196.5 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
Pennsylvania MEGA Millions Jackpot/Cash Option for Fri Sep 19, 2025 |
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Draw Date | Fri Sep 19, 2025 | Projected Jackpot | $423,000,000 | Cash Value | $196,500,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $196,500,000 | Federal Tax(24%) | $47,160,000 | Additional Federal Tax | $25,505,330 | State Tax(3.07%) | $6,032,550 | Net Lumpsum Payment | $117,802,120 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$6,366,573 |
$2,315,962 $195,454 |
$3,855,157 |
2 |
$6,685,092 |
$2,433,814 $205,232 |
$4,046,046 |
3 |
$7,019,262 |
$2,557,457 $215,491 |
$4,246,314 |
4 |
$7,370,352 |
$2,687,361 $226,270 |
$4,456,721 |
5 |
$7,738,785 |
$2,823,681 $237,581 |
$4,677,523 |
6 |
$8,125,830 |
$2,966,887 $249,463 |
$4,909,480 |
7 |
$8,531,910 |
$3,117,137 $261,930 |
$5,152,843 |
8 |
$8,958,717 |
$3,275,056 $275,033 |
$5,408,628 |
9 |
$9,406,674 |
$3,440,800 $288,785 |
$5,677,089 |
10 |
$9,877,050 |
$3,614,839 $303,225 |
$5,958,986 |
11 |
$10,370,691 |
$3,797,486 $318,380 |
$6,254,825 |
12 |
$10,889,289 |
$3,989,367 $334,301 |
$6,565,621 |
13 |
$11,433,690 |
$4,190,796 $351,014 |
$6,891,880 |
14 |
$12,005,586 |
$4,402,397 $368,571 |
$7,234,618 |
15 |
$12,605,823 |
$4,624,485 $386,999 |
$7,594,339 |
16 |
$13,236,093 |
$4,857,685 $406,348 |
$7,972,060 |
17 |
$13,897,665 |
$5,102,466 $426,658 |
$8,368,541 |
18 |
$14,592,654 |
$5,359,612 $447,994 |
$8,785,048 |
19 |
$15,322,329 |
$5,629,592 $470,396 |
$9,222,341 |
20 |
$16,088,382 |
$5,913,032 $493,913 |
$9,681,437 |
21 |
$16,892,928 |
$6,210,714 $518,613 |
$10,163,601 |
22 |
$17,737,659 |
$6,523,264 $544,546 |
$10,669,849 |
23 |
$18,624,267 |
$6,851,309 $571,765 |
$11,201,193 |
24 |
$19,555,713 |
$7,195,944 $600,360 |
$11,759,409 |
25 |
$20,533,266 |
$7,557,639 $630,371 |
$12,345,256 |
26 |
$21,560,310 |
$7,937,645 $661,902 |
$12,960,763 |
27 |
$22,638,114 |
$8,336,433 $694,990 |
$13,606,691 |
28 |
$23,770,062 |
$8,755,253 $729,741 |
$14,285,068 |
29 |
$24,958,692 |
$9,195,046 $766,232 |
$14,997,414 |
30 |
$26,206,542 |
$9,656,751 $804,541 |
$15,745,250 |
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