The jackpot for the MEGA Millions draw on Fri Dec 26, 2025, is projected to be $125 Million, with an option for a cash payout of $56.9 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 Fri Dec 26, 2025 |
|---|
| Draw Date | Fri Dec 26, 2025 | | Projected Jackpot | $125,000,000 | | Cash Value | $56,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $56,900,000 | | Federal Tax(24%) | $13,656,000 | | Additional Federal Tax | $7,357,330 | | State Tax(7.65%) | $4,352,850 | | Net Lumpsum Payment | $31,533,820 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,881,375 |
$656,439
$143,925 |
$1,081,011 |
| 2 |
$1,975,500 |
$691,265
$151,126 |
$1,133,109 |
| 3 |
$2,074,250 |
$727,803
$158,680 |
$1,187,767 |
| 4 |
$2,178,000 |
$766,190
$166,617 |
$1,245,193 |
| 5 |
$2,286,875 |
$806,474
$174,946 |
$1,305,455 |
| 6 |
$2,401,250 |
$848,793
$183,696 |
$1,368,761 |
| 7 |
$2,521,250 |
$893,193
$192,876 |
$1,435,181 |
| 8 |
$2,647,375 |
$939,859
$202,524 |
$1,504,992 |
| 9 |
$2,779,750 |
$988,838
$212,651 |
$1,578,261 |
| 10 |
$2,918,750 |
$1,040,268
$223,284 |
$1,655,198 |
| 11 |
$3,064,625 |
$1,094,242
$234,444 |
$1,735,939 |
| 12 |
$3,217,875 |
$1,150,944
$246,167 |
$1,820,764 |
| 13 |
$3,378,750 |
$1,210,468
$258,474 |
$1,909,808 |
| 14 |
$3,547,750 |
$1,272,998
$271,403 |
$2,003,349 |
| 15 |
$3,725,125 |
$1,338,627
$284,972 |
$2,101,526 |
| 16 |
$3,911,375 |
$1,407,539
$299,220 |
$2,204,616 |
| 17 |
$4,106,875 |
$1,479,874
$314,176 |
$2,312,825 |
| 18 |
$4,312,250 |
$1,555,863
$329,887 |
$2,426,500 |
| 19 |
$4,527,875 |
$1,635,644
$346,382 |
$2,545,849 |
| 20 |
$4,754,250 |
$1,719,403
$363,700 |
$2,671,147 |
| 21 |
$4,992,000 |
$1,807,370
$381,888 |
$2,802,742 |
| 22 |
$5,241,625 |
$1,899,732
$400,984 |
$2,940,909 |
| 23 |
$5,503,625 |
$1,996,672
$421,027 |
$3,085,926 |
| 24 |
$5,778,875 |
$2,098,514
$442,084 |
$3,238,277 |
| 25 |
$6,067,750 |
$2,205,398
$464,183 |
$3,398,169 |
| 26 |
$6,371,250 |
$2,317,693
$487,401 |
$3,566,156 |
| 27 |
$6,689,750 |
$2,435,538
$511,766 |
$3,742,446 |
| 28 |
$7,024,250 |
$2,559,303
$537,355 |
$3,927,592 |
| 29 |
$7,375,500 |
$2,689,265
$564,226 |
$4,122,009 |
| 30 |
$7,744,250 |
$2,825,703
$592,435 |
$4,326,112 |
|
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