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 |
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Draw Date | Fri Oct 17, 2025 | Projected Jackpot | $625,000,000 | Cash Value | $288,800,000 |
Lumpsum Option Taxes and Payment |
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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 |
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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 |
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