The jackpot for the MEGA Millions draw on Tue Sep 16, 2025, is projected to be $400 Million, with an option for a cash payout of $185.8 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 Tue Sep 16, 2025 |
|---|
| Draw Date | Tue Sep 16, 2025 | | Projected Jackpot | $400,000,000 | | Cash Value | $185,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $185,800,000 | | Federal Tax(24%) | $44,592,000 | | Additional Federal Tax | $24,114,330 | | State Tax(4.75%) | $8,825,500 | | Net Lumpsum Payment | $108,268,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,020,400 |
$2,187,878
$285,969 |
$3,546,553 |
| 2 |
$6,321,600 |
$2,299,322
$300,276 |
$3,722,002 |
| 3 |
$6,637,600 |
$2,416,242
$315,286 |
$3,906,072 |
| 4 |
$6,969,600 |
$2,539,082
$331,056 |
$4,099,462 |
| 5 |
$7,318,000 |
$2,667,990
$347,605 |
$4,302,405 |
| 6 |
$7,684,000 |
$2,803,410
$364,990 |
$4,515,600 |
| 7 |
$8,068,000 |
$2,945,490
$383,230 |
$4,739,280 |
| 8 |
$8,471,600 |
$3,094,822
$402,401 |
$4,974,377 |
| 9 |
$8,895,200 |
$3,251,554
$422,522 |
$5,221,124 |
| 10 |
$9,340,000 |
$3,416,130
$443,650 |
$5,480,220 |
| 11 |
$9,806,800 |
$3,588,846
$465,823 |
$5,752,131 |
| 12 |
$10,297,200 |
$3,770,294
$489,117 |
$6,037,789 |
| 13 |
$10,812,000 |
$3,960,770
$513,570 |
$6,337,660 |
| 14 |
$11,352,800 |
$4,160,866
$539,258 |
$6,652,676 |
| 15 |
$11,920,400 |
$4,370,878
$566,219 |
$6,983,303 |
| 16 |
$12,516,400 |
$4,591,398
$594,529 |
$7,330,473 |
| 17 |
$13,142,000 |
$4,822,870
$624,245 |
$7,694,885 |
| 18 |
$13,799,200 |
$5,066,034
$655,462 |
$8,077,704 |
| 19 |
$14,489,200 |
$5,321,334
$688,237 |
$8,479,629 |
| 20 |
$15,213,600 |
$5,589,362
$722,646 |
$8,901,592 |
| 21 |
$15,974,400 |
$5,870,858
$758,784 |
$9,344,758 |
| 22 |
$16,773,200 |
$6,166,414
$796,727 |
$9,810,059 |
| 23 |
$17,611,600 |
$6,476,622
$836,551 |
$10,298,427 |
| 24 |
$18,492,400 |
$6,802,518
$878,389 |
$10,811,493 |
| 25 |
$19,416,800 |
$7,144,546
$922,298 |
$11,349,956 |
| 26 |
$20,388,000 |
$7,503,890
$968,430 |
$11,915,680 |
| 27 |
$21,407,200 |
$7,880,994
$1,016,842 |
$12,509,364 |
| 28 |
$22,477,600 |
$8,277,042
$1,067,686 |
$13,132,872 |
| 29 |
$23,601,600 |
$8,692,922
$1,121,076 |
$13,787,602 |
| 30 |
$24,781,600 |
$9,129,522
$1,177,126 |
$14,474,952 |
|
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