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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
Pennsylvania 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(3.07%) |
$3,315,600 |
Net Lumpsum Payment |
$64,764,070 |
Annuity Payment in 30 Installations |
Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,657,393 |
$1,313,566
$112,282 |
$2,231,545 |
2 |
$3,840,372 |
$1,381,268
$117,899 |
$2,341,205 |
3 |
$4,032,342 |
$1,452,297
$123,793 |
$2,456,252 |
4 |
$4,234,032 |
$1,526,922
$129,985 |
$2,577,125 |
5 |
$4,445,685 |
$1,605,234
$136,483 |
$2,703,968 |
6 |
$4,668,030 |
$1,687,501
$143,309 |
$2,837,220 |
7 |
$4,901,310 |
$1,773,815
$150,470 |
$2,977,025 |
8 |
$5,146,497 |
$1,864,534
$157,997 |
$3,123,966 |
9 |
$5,403,834 |
$1,959,749
$165,898 |
$3,278,187 |
10 |
$5,674,050 |
$2,059,729
$174,193 |
$3,440,128 |
11 |
$5,957,631 |
$2,164,654
$182,899 |
$3,610,078 |
12 |
$6,255,549 |
$2,274,884
$192,045 |
$3,788,620 |
13 |
$6,568,290 |
$2,390,598
$201,647 |
$3,976,045 |
14 |
$6,896,826 |
$2,512,156
$211,733 |
$4,172,937 |
15 |
$7,241,643 |
$2,639,738
$222,318 |
$4,379,587 |
16 |
$7,603,713 |
$2,773,704
$233,434 |
$4,596,575 |
17 |
$7,983,765 |
$2,914,323
$245,102 |
$4,824,340 |
18 |
$8,383,014 |
$3,062,046
$257,359 |
$5,063,609 |
19 |
$8,802,189 |
$3,217,140
$270,227 |
$5,314,822 |
20 |
$9,242,262 |
$3,379,967
$283,737 |
$5,578,558 |
21 |
$9,704,448 |
$3,550,976
$297,927 |
$5,855,545 |
22 |
$10,189,719 |
$3,730,526
$312,824 |
$6,146,369 |
23 |
$10,699,047 |
$3,918,978
$328,461 |
$6,451,608 |
24 |
$11,234,133 |
$4,116,960
$344,888 |
$6,772,285 |
25 |
$11,795,706 |
$4,324,742
$362,128 |
$7,108,836 |
26 |
$12,385,710 |
$4,543,043
$380,241 |
$7,462,426 |
27 |
$13,004,874 |
$4,772,134
$399,250 |
$7,833,490 |
28 |
$13,655,142 |
$5,012,733
$419,213 |
$8,223,196 |
29 |
$14,337,972 |
$5,265,380
$440,176 |
$8,632,416 |
30 |
$15,054,822 |
$5,530,615
$462,183 |
$9,062,024 |
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