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 Nebraska residents, the state will deduct 5% from your lottery earnings.
Nebraska 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(5%) |
$5,400,000 |
Net Lumpsum Payment |
$62,679,670 |
Annuity Payment in 30 Installations |
Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,657,393 |
$1,313,566
$182,870 |
$2,160,957 |
2 |
$3,840,372 |
$1,381,268
$192,019 |
$2,267,085 |
3 |
$4,032,342 |
$1,452,297
$201,617 |
$2,378,428 |
4 |
$4,234,032 |
$1,526,922
$211,702 |
$2,495,408 |
5 |
$4,445,685 |
$1,605,234
$222,284 |
$2,618,167 |
6 |
$4,668,030 |
$1,687,501
$233,402 |
$2,747,127 |
7 |
$4,901,310 |
$1,773,815
$245,066 |
$2,882,429 |
8 |
$5,146,497 |
$1,864,534
$257,325 |
$3,024,638 |
9 |
$5,403,834 |
$1,959,749
$270,192 |
$3,173,893 |
10 |
$5,674,050 |
$2,059,729
$283,703 |
$3,330,618 |
11 |
$5,957,631 |
$2,164,654
$297,882 |
$3,495,095 |
12 |
$6,255,549 |
$2,274,884
$312,777 |
$3,667,888 |
13 |
$6,568,290 |
$2,390,598
$328,415 |
$3,849,277 |
14 |
$6,896,826 |
$2,512,156
$344,841 |
$4,039,829 |
15 |
$7,241,643 |
$2,639,738
$362,082 |
$4,239,823 |
16 |
$7,603,713 |
$2,773,704
$380,186 |
$4,449,823 |
17 |
$7,983,765 |
$2,914,323
$399,188 |
$4,670,254 |
18 |
$8,383,014 |
$3,062,046
$419,151 |
$4,901,817 |
19 |
$8,802,189 |
$3,217,140
$440,109 |
$5,144,940 |
20 |
$9,242,262 |
$3,379,967
$462,113 |
$5,400,182 |
21 |
$9,704,448 |
$3,550,976
$485,222 |
$5,668,250 |
22 |
$10,189,719 |
$3,730,526
$509,486 |
$5,949,707 |
23 |
$10,699,047 |
$3,918,978
$534,952 |
$6,245,117 |
24 |
$11,234,133 |
$4,116,960
$561,707 |
$6,555,466 |
25 |
$11,795,706 |
$4,324,742
$589,785 |
$6,881,179 |
26 |
$12,385,710 |
$4,543,043
$619,286 |
$7,223,381 |
27 |
$13,004,874 |
$4,772,134
$650,244 |
$7,582,496 |
28 |
$13,655,142 |
$5,012,733
$682,757 |
$7,959,652 |
29 |
$14,337,972 |
$5,265,380
$716,899 |
$8,355,693 |
30 |
$15,054,822 |
$5,530,615
$752,741 |
$8,771,466 |
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