The jackpot for the MEGA Millions draw on Tue Nov 4, 2025, is projected to be $800 Million, with an option for a cash payout of $371.7 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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin MEGA Millions Jackpot/Cash Option for Tue Nov 4, 2025 |
|---|
| Draw Date | Tue Nov 4, 2025 | | Projected Jackpot | $800,000,000 | | Cash Value | $371,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $371,700,000 | | Federal Tax(24%) | $89,208,000 | | Additional Federal Tax | $48,281,330 | | State Tax(7.65%) | $28,435,050 | | Net Lumpsum Payment | $205,775,620 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,040,800 |
$4,415,426
$921,121 |
$6,704,253 |
| 2 |
$12,643,200 |
$4,638,314
$967,205 |
$7,037,681 |
| 3 |
$13,275,200 |
$4,872,154
$1,015,553 |
$7,387,493 |
| 4 |
$13,939,200 |
$5,117,834
$1,066,349 |
$7,755,017 |
| 5 |
$14,636,000 |
$5,375,650
$1,119,654 |
$8,140,696 |
| 6 |
$15,368,000 |
$5,646,490
$1,175,652 |
$8,545,858 |
| 7 |
$16,136,000 |
$5,930,650
$1,234,404 |
$8,970,946 |
| 8 |
$16,943,200 |
$6,229,314
$1,296,155 |
$9,417,731 |
| 9 |
$17,790,400 |
$6,542,778
$1,360,966 |
$9,886,656 |
| 10 |
$18,680,000 |
$6,871,930
$1,429,020 |
$10,379,050 |
| 11 |
$19,613,600 |
$7,217,362
$1,500,440 |
$10,895,798 |
| 12 |
$20,594,400 |
$7,580,258
$1,575,472 |
$11,438,670 |
| 13 |
$21,624,000 |
$7,961,210
$1,654,236 |
$12,008,554 |
| 14 |
$22,705,600 |
$8,361,402
$1,736,978 |
$12,607,220 |
| 15 |
$23,840,800 |
$8,781,426
$1,823,821 |
$13,235,553 |
| 16 |
$25,032,800 |
$9,222,466
$1,915,009 |
$13,895,325 |
| 17 |
$26,284,000 |
$9,685,410
$2,010,726 |
$14,587,864 |
| 18 |
$27,598,400 |
$10,171,738
$2,111,278 |
$15,315,384 |
| 19 |
$28,978,400 |
$10,682,338
$2,216,848 |
$16,079,214 |
| 20 |
$30,427,200 |
$11,218,394
$2,327,681 |
$16,881,125 |
| 21 |
$31,948,800 |
$11,781,386
$2,444,083 |
$17,723,331 |
| 22 |
$33,546,400 |
$12,372,498
$2,566,300 |
$18,607,602 |
| 23 |
$35,223,200 |
$12,992,914
$2,694,575 |
$19,535,711 |
| 24 |
$36,984,800 |
$13,644,706
$2,829,337 |
$20,510,757 |
| 25 |
$38,833,600 |
$14,328,762
$2,970,770 |
$21,534,068 |
| 26 |
$40,776,000 |
$15,047,450
$3,119,364 |
$22,609,186 |
| 27 |
$42,814,400 |
$15,801,658
$3,275,302 |
$23,737,440 |
| 28 |
$44,955,200 |
$16,593,754
$3,439,073 |
$24,922,373 |
| 29 |
$47,203,200 |
$17,425,514
$3,611,045 |
$26,166,641 |
| 30 |
$49,563,200 |
$18,298,714
$3,791,585 |
$27,472,901 |
|
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