Jackpot Analysis Louisiana Mega Millions zn67

Jackpot Analysis for Louisiana Mega Millions
The jackpot for the MEGA Millions draw on Fri Jun 13, 2025, is projected to be $264 Million, with an option for a cash payout of $117.3 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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.

Louisiana MEGA Millions Jackpot/Cash Option for Fri Jun 13, 2025
Draw Date Fri Jun 13, 2025
Projected Jackpot $264,000,000
Cash Value $117,300,000

Lumpsum Option Taxes and Payment
Cash Gross Payment $117,300,000
Federal Tax(24%) $28,152,000
Additional Federal Tax $15,209,330
State Tax(4.75%) $5,571,750
Net Lumpsum Payment $68,366,920
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,973,464 $1,430,512
$188,740
$2,354,212
2 $4,172,256 $1,504,065
$198,182
$2,470,009
3 $4,380,816 $1,581,232
$208,089
$2,591,495
4 $4,599,936 $1,662,307
$218,497
$2,719,132
5 $4,829,880 $1,747,386
$229,419
$2,853,075
6 $5,071,440 $1,836,763
$240,893
$2,993,784
7 $5,324,880 $1,930,536
$252,932
$3,141,412
8 $5,591,256 $2,029,095
$265,585
$3,296,576
9 $5,870,832 $2,132,538
$278,865
$3,459,429
10 $6,164,400 $2,241,158
$292,809
$3,630,433
11 $6,472,488 $2,355,151
$307,443
$3,809,894
12 $6,796,152 $2,474,907
$322,817
$3,998,428
13 $7,135,920 $2,600,621
$338,956
$4,196,343
14 $7,492,848 $2,732,684
$355,910
$4,404,254
15 $7,867,464 $2,871,292
$373,705
$4,622,467
16 $8,260,824 $3,016,835
$392,389
$4,851,600
17 $8,673,720 $3,169,607
$412,002
$5,092,111
18 $9,107,472 $3,330,095
$432,605
$5,344,772
19 $9,562,872 $3,498,593
$454,236
$5,610,043
20 $10,040,976 $3,675,492
$476,946
$5,888,538
21 $10,543,104 $3,861,279
$500,797
$6,181,028
22 $11,070,312 $4,056,346
$525,840
$6,488,126
23 $11,623,656 $4,261,083
$552,124
$6,810,449
24 $12,204,984 $4,476,174
$579,737
$7,149,073
25 $12,815,088 $4,701,913
$608,717
$7,504,458
26 $13,456,080 $4,939,080
$639,164
$7,877,836
27 $14,128,752 $5,187,969
$671,116
$8,269,667
28 $14,835,216 $5,449,360
$704,673
$8,681,183
29 $15,577,056 $5,723,841
$739,910
$9,113,305
30 $16,355,856 $6,011,997
$776,903
$9,566,956