Jackpot Analysis Pennsylvania Mega Millions

Jackpot Analysis for Pennsylvania Mega Millions
The jackpot for the MEGA Millions draw on Fri Oct 17, 2025, is projected to be $625 Million, with an option for a cash payout of $288.8 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.

Pennsylvania MEGA Millions Jackpot/Cash Option for Fri Oct 17, 2025
Draw DateFri Oct 17, 2025
Projected Jackpot$625,000,000
Cash Value$288,800,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$288,800,000
Federal Tax(24%)$69,312,000
Additional Federal Tax$37,504,330
State Tax(3.07%)$8,866,160
Net Lumpsum Payment$173,117,510
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $9,406,875 $3,440,874
$288,791
$5,677,210
2 $9,877,500 $3,615,005
$303,239
$5,959,256
3 $10,371,250 $3,797,693
$318,397
$6,255,160
4 $10,890,000 $3,989,630
$334,323
$6,566,047
5 $11,434,375 $4,191,049
$351,035
$6,892,291
6 $12,006,250 $4,402,643
$368,592
$7,235,015
7 $12,606,250 $4,624,643
$387,012
$7,594,595
8 $13,236,875 $4,857,974
$406,372
$7,972,529
9 $13,898,750 $5,102,868
$426,692
$8,369,190
10 $14,593,750 $5,360,018
$448,028
$8,785,704
11 $15,323,125 $5,629,887
$470,420
$9,222,818
12 $16,089,375 $5,913,399
$493,944
$9,682,032
13 $16,893,750 $6,211,018
$518,638
$10,164,094
14 $17,738,750 $6,523,668
$544,580
$10,670,502
15 $18,625,625 $6,851,812
$571,807
$11,202,006
16 $19,556,875 $7,196,374
$600,396
$11,760,105
17 $20,534,375 $7,558,049
$630,405
$12,345,921
18 $21,561,250 $7,937,993
$661,930
$12,961,327
19 $22,639,375 $8,336,899
$695,029
$13,607,447
20 $23,771,250 $8,755,693
$729,777
$14,285,780
21 $24,960,000 $9,195,530
$766,272
$14,998,198
22 $26,208,125 $9,657,337
$804,589
$15,746,199
23 $27,518,125 $10,142,037
$844,806
$16,531,282
24 $28,894,375 $10,651,249
$887,057
$17,356,069
25 $30,338,750 $11,185,668
$931,400
$18,221,682
26 $31,856,250 $11,747,143
$977,987
$19,131,120
27 $33,448,750 $12,336,368
$1,026,877
$20,085,505
28 $35,121,250 $12,955,193
$1,078,222
$21,087,835
29 $36,877,500 $13,605,005
$1,132,139
$22,140,356
30 $38,721,250 $14,287,193
$1,188,742
$23,245,315