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 Minnesota residents, the state will deduct 7.25% from your lottery earnings.
| Minnesota 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(7.25%) |
$7,830,000 |
| Net Lumpsum Payment |
$60,249,670 |
| Annuity Payment in 30 Installations |
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,657,393 |
$1,313,566
$265,161 |
$2,078,666 |
| 2 |
$3,840,372 |
$1,381,268
$278,427 |
$2,180,677 |
| 3 |
$4,032,342 |
$1,452,297
$292,345 |
$2,287,700 |
| 4 |
$4,234,032 |
$1,526,922
$306,967 |
$2,400,143 |
| 5 |
$4,445,685 |
$1,605,234
$322,312 |
$2,518,139 |
| 6 |
$4,668,030 |
$1,687,501
$338,432 |
$2,642,097 |
| 7 |
$4,901,310 |
$1,773,815
$355,345 |
$2,772,150 |
| 8 |
$5,146,497 |
$1,864,534
$373,121 |
$2,908,842 |
| 9 |
$5,403,834 |
$1,959,749
$391,778 |
$3,052,307 |
| 10 |
$5,674,050 |
$2,059,729
$411,369 |
$3,202,952 |
| 11 |
$5,957,631 |
$2,164,654
$431,928 |
$3,361,049 |
| 12 |
$6,255,549 |
$2,274,884
$453,527 |
$3,527,138 |
| 13 |
$6,568,290 |
$2,390,598
$476,201 |
$3,701,491 |
| 14 |
$6,896,826 |
$2,512,156
$500,020 |
$3,884,650 |
| 15 |
$7,241,643 |
$2,639,738
$525,019 |
$4,076,886 |
| 16 |
$7,603,713 |
$2,773,704
$551,269 |
$4,278,740 |
| 17 |
$7,983,765 |
$2,914,323
$578,823 |
$4,490,619 |
| 18 |
$8,383,014 |
$3,062,046
$607,769 |
$4,713,199 |
| 19 |
$8,802,189 |
$3,217,140
$638,159 |
$4,946,890 |
| 20 |
$9,242,262 |
$3,379,967
$670,064 |
$5,192,231 |
| 21 |
$9,704,448 |
$3,550,976
$703,572 |
$5,449,900 |
| 22 |
$10,189,719 |
$3,730,526
$738,755 |
$5,720,438 |
| 23 |
$10,699,047 |
$3,918,978
$775,681 |
$6,004,388 |
| 24 |
$11,234,133 |
$4,116,960
$814,475 |
$6,302,698 |
| 25 |
$11,795,706 |
$4,324,742
$855,189 |
$6,615,775 |
| 26 |
$12,385,710 |
$4,543,043
$897,964 |
$6,944,703 |
| 27 |
$13,004,874 |
$4,772,134
$942,853 |
$7,289,887 |
| 28 |
$13,655,142 |
$5,012,733
$989,998 |
$7,652,411 |
| 29 |
$14,337,972 |
$5,265,380
$1,039,503 |
$8,033,089 |
| 30 |
$15,054,822 |
$5,530,615
$1,091,475 |
$8,432,732 |
|
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