The jackpot for the MEGA Millions draw on Tue Jun 10, 2025, is projected to be $243 Million, with an option for a cash payout of $108 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky MEGA Millions Jackpot/Cash Option for Tue Jun 10, 2025 |
| Draw Date |
Tue Jun 10, 2025 |
| Projected Jackpot |
$243,000,000 |
| Cash Value |
$108,000,000 |
| Lumpsum Option Taxes and Payment |
| Cash Gross Payment |
$108,000,000 |
| Federal Tax(24%) |
$25,920,000 |
| Additional Federal Tax |
$14,000,330 |
| State Tax(4.5%) |
$4,860,000 |
| Net Lumpsum Payment |
$63,219,670 |
| Annuity Payment in 30 Installations |
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,657,393 |
$1,313,566
$164,583 |
$2,179,244 |
| 2 |
$3,840,372 |
$1,381,268
$172,817 |
$2,286,287 |
| 3 |
$4,032,342 |
$1,452,297
$181,455 |
$2,398,590 |
| 4 |
$4,234,032 |
$1,526,922
$190,531 |
$2,516,579 |
| 5 |
$4,445,685 |
$1,605,234
$200,056 |
$2,640,395 |
| 6 |
$4,668,030 |
$1,687,501
$210,061 |
$2,770,468 |
| 7 |
$4,901,310 |
$1,773,815
$220,559 |
$2,906,936 |
| 8 |
$5,146,497 |
$1,864,534
$231,592 |
$3,050,371 |
| 9 |
$5,403,834 |
$1,959,749
$243,173 |
$3,200,912 |
| 10 |
$5,674,050 |
$2,059,729
$255,332 |
$3,358,989 |
| 11 |
$5,957,631 |
$2,164,654
$268,093 |
$3,524,884 |
| 12 |
$6,255,549 |
$2,274,884
$281,500 |
$3,699,165 |
| 13 |
$6,568,290 |
$2,390,598
$295,573 |
$3,882,119 |
| 14 |
$6,896,826 |
$2,512,156
$310,357 |
$4,074,313 |
| 15 |
$7,241,643 |
$2,639,738
$325,874 |
$4,276,031 |
| 16 |
$7,603,713 |
$2,773,704
$342,167 |
$4,487,842 |
| 17 |
$7,983,765 |
$2,914,323
$359,269 |
$4,710,173 |
| 18 |
$8,383,014 |
$3,062,046
$377,236 |
$4,943,732 |
| 19 |
$8,802,189 |
$3,217,140
$396,099 |
$5,188,950 |
| 20 |
$9,242,262 |
$3,379,967
$415,902 |
$5,446,393 |
| 21 |
$9,704,448 |
$3,550,976
$436,700 |
$5,716,772 |
| 22 |
$10,189,719 |
$3,730,526
$458,537 |
$6,000,656 |
| 23 |
$10,699,047 |
$3,918,978
$481,457 |
$6,298,612 |
| 24 |
$11,234,133 |
$4,116,960
$505,536 |
$6,611,637 |
| 25 |
$11,795,706 |
$4,324,742
$530,807 |
$6,940,157 |
| 26 |
$12,385,710 |
$4,543,043
$557,357 |
$7,285,310 |
| 27 |
$13,004,874 |
$4,772,134
$585,219 |
$7,647,521 |
| 28 |
$13,655,142 |
$5,012,733
$614,481 |
$8,027,928 |
| 29 |
$14,337,972 |
$5,265,380
$645,209 |
$8,427,383 |
| 30 |
$15,054,822 |
$5,530,615
$677,467 |
$8,846,740 |
|
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