The jackpot for the MEGA Millions draw on Fri Nov 7, 2025, is projected to be $843 Million, with an option for a cash payout of $391.7 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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin MEGA Millions Jackpot/Cash Option for Fri Nov 7, 2025 |
|---|
| Draw Date | Fri Nov 7, 2025 | | Projected Jackpot | $843,000,000 | | Cash Value | $391,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $391,700,000 | | Federal Tax(24%) | $94,008,000 | | Additional Federal Tax | $50,881,330 | | State Tax(7.65%) | $29,965,050 | | Net Lumpsum Payment | $216,845,620 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,687,993 |
$4,654,888
$970,631 |
$7,062,474 |
| 2 |
$13,322,772 |
$4,889,756
$1,019,192 |
$7,413,824 |
| 3 |
$13,988,742 |
$5,136,165
$1,070,139 |
$7,782,438 |
| 4 |
$14,688,432 |
$5,395,050
$1,123,665 |
$8,169,717 |
| 5 |
$15,422,685 |
$5,666,724
$1,179,835 |
$8,576,126 |
| 6 |
$16,194,030 |
$5,952,121
$1,238,843 |
$9,003,066 |
| 7 |
$17,003,310 |
$6,251,555
$1,300,753 |
$9,451,002 |
| 8 |
$17,853,897 |
$6,566,272
$1,365,823 |
$9,921,802 |
| 9 |
$18,746,634 |
$6,896,585
$1,434,118 |
$10,415,931 |
| 10 |
$19,684,050 |
$7,243,429
$1,505,830 |
$10,934,791 |
| 11 |
$20,667,831 |
$7,607,428
$1,581,089 |
$11,479,314 |
| 12 |
$21,701,349 |
$7,989,830
$1,660,153 |
$12,051,366 |
| 13 |
$22,786,290 |
$8,391,258
$1,743,151 |
$12,651,881 |
| 14 |
$23,926,026 |
$8,812,960
$1,830,341 |
$13,282,725 |
| 15 |
$25,122,243 |
$9,255,560
$1,921,852 |
$13,944,831 |
| 16 |
$26,378,313 |
$9,720,306
$2,017,941 |
$14,640,066 |
| 17 |
$27,696,765 |
$10,208,133
$2,118,803 |
$15,369,829 |
| 18 |
$29,081,814 |
$10,720,602
$2,224,759 |
$16,136,453 |
| 19 |
$30,535,989 |
$11,258,646
$2,336,003 |
$16,941,340 |
| 20 |
$32,062,662 |
$11,823,515
$2,452,794 |
$17,786,353 |
| 21 |
$33,666,048 |
$12,416,768
$2,575,453 |
$18,673,827 |
| 22 |
$35,349,519 |
$13,039,652
$2,704,238 |
$19,605,629 |
| 23 |
$37,116,447 |
$13,693,416
$2,839,408 |
$20,583,623 |
| 24 |
$38,972,733 |
$14,380,242
$2,981,414 |
$21,611,077 |
| 25 |
$40,920,906 |
$15,101,066
$3,130,449 |
$22,689,391 |
| 26 |
$42,967,710 |
$15,858,383
$3,287,030 |
$23,822,297 |
| 27 |
$45,115,674 |
$16,653,130
$3,451,349 |
$25,011,195 |
| 28 |
$47,371,542 |
$17,487,801
$3,623,923 |
$26,259,818 |
| 29 |
$49,740,372 |
$18,364,268
$3,805,138 |
$27,570,966 |
| 30 |
$52,227,222 |
$19,284,403
$3,995,382 |
$28,947,437 |
|
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