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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin MEGA Millions Jackpot/Cash Option for Fri Sep 19, 2025 |
|---|
| Draw Date | Fri Sep 19, 2025 | | Projected Jackpot | $423,000,000 | | Cash Value | $196,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $196,500,000 | | Federal Tax(24%) | $47,160,000 | | Additional Federal Tax | $25,505,330 | | State Tax(7.65%) | $15,032,250 | | Net Lumpsum Payment | $108,802,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,366,573 |
$2,315,962
$487,043 |
$3,563,568 |
| 2 |
$6,685,092 |
$2,433,814
$511,410 |
$3,739,868 |
| 3 |
$7,019,262 |
$2,557,457
$536,974 |
$3,924,831 |
| 4 |
$7,370,352 |
$2,687,361
$563,832 |
$4,119,159 |
| 5 |
$7,738,785 |
$2,823,681
$592,017 |
$4,323,087 |
| 6 |
$8,125,830 |
$2,966,887
$621,626 |
$4,537,317 |
| 7 |
$8,531,910 |
$3,117,137
$652,691 |
$4,762,082 |
| 8 |
$8,958,717 |
$3,275,056
$685,342 |
$4,998,319 |
| 9 |
$9,406,674 |
$3,440,800
$719,611 |
$5,246,263 |
| 10 |
$9,877,050 |
$3,614,839
$755,594 |
$5,506,617 |
| 11 |
$10,370,691 |
$3,797,486
$793,358 |
$5,779,847 |
| 12 |
$10,889,289 |
$3,989,367
$833,031 |
$6,066,891 |
| 13 |
$11,433,690 |
$4,190,796
$874,677 |
$6,368,217 |
| 14 |
$12,005,586 |
$4,402,397
$918,427 |
$6,684,762 |
| 15 |
$12,605,823 |
$4,624,485
$964,345 |
$7,016,993 |
| 16 |
$13,236,093 |
$4,857,685
$1,012,561 |
$7,365,847 |
| 17 |
$13,897,665 |
$5,102,466
$1,063,171 |
$7,732,028 |
| 18 |
$14,592,654 |
$5,359,612
$1,116,338 |
$8,116,704 |
| 19 |
$15,322,329 |
$5,629,592
$1,172,158 |
$8,520,579 |
| 20 |
$16,088,382 |
$5,913,032
$1,230,761 |
$8,944,589 |
| 21 |
$16,892,928 |
$6,210,714
$1,292,309 |
$9,389,905 |
| 22 |
$17,737,659 |
$6,523,264
$1,356,931 |
$9,857,464 |
| 23 |
$18,624,267 |
$6,851,309
$1,424,756 |
$10,348,202 |
| 24 |
$19,555,713 |
$7,195,944
$1,496,012 |
$10,863,757 |
| 25 |
$20,533,266 |
$7,557,639
$1,570,795 |
$11,404,832 |
| 26 |
$21,560,310 |
$7,937,645
$1,649,364 |
$11,973,301 |
| 27 |
$22,638,114 |
$8,336,433
$1,731,816 |
$12,569,865 |
| 28 |
$23,770,062 |
$8,755,253
$1,818,410 |
$13,196,399 |
| 29 |
$24,958,692 |
$9,195,046
$1,909,340 |
$13,854,306 |
| 30 |
$26,206,542 |
$9,656,751
$2,004,800 |
$14,544,991 |
|
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