Michigan Lottery

MILottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Dec 16, 2025 is estimated to be $80 Million, with a cash option of 36.2 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Michigan, your state will take 4.25% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Michigan MEGA Millions Jackpot/Cash Option for Tue Dec 16, 2025

Draw Date	Jackpot	Cash Option
Tue Dec 16, 2025	$80,000,000	$36,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$36,200,000
Federal Tax(24%)	$8,688,000
Additional Federal Tax	$4,666,330
State Tax(4.25%)	$1,538,500
Net Lumpsum Payment	$21,307,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,204,080	-$405,840 -$51,173	$747,067
2	$1,264,320	-$428,129 -$53,734	$782,457
3	$1,327,520	-$451,513 -$56,420	$819,587
4	$1,393,920	-$476,081 -$59,242	$858,597
5	$1,463,600	-$501,862 -$62,203	$899,535
6	$1,536,800	-$528,946 -$65,314	$942,540
7	$1,613,600	-$557,362 -$68,578	$987,660
8	$1,694,320	-$587,229 -$72,009	$1,035,082
9	$1,779,040	-$618,575 -$75,609	$1,084,856
10	$1,868,000	-$651,490 -$79,390	$1,137,120
11	$1,961,360	-$686,034 -$83,358	$1,191,968
12	$2,059,440	-$722,323 -$87,526	$1,249,591
13	$2,162,400	-$760,418 -$91,902	$1,310,080
14	$2,270,560	-$800,438 -$96,499	$1,373,623
15	$2,384,080	-$842,440 -$101,323	$1,440,317
16	$2,503,280	-$886,544 -$106,389	$1,510,347
17	$2,628,400	-$932,838 -$111,707	$1,583,855
18	$2,759,840	-$981,471 -$117,293	$1,661,076
19	$2,897,840	-$1,032,531 -$123,158	$1,742,151
20	$3,042,720	-$1,086,137 -$129,316	$1,827,267
21	$3,194,880	-$1,142,436 -$135,782	$1,916,662
22	$3,354,640	-$1,201,547 -$142,572	$2,010,521
23	$3,522,320	-$1,263,589 -$149,699	$2,109,032
24	$3,698,480	-$1,328,768 -$157,185	$2,212,527
25	$3,883,360	-$1,397,174 -$165,043	$2,321,143
26	$4,077,600	-$1,469,042 -$173,298	$2,435,260
27	$4,281,440	-$1,544,463 -$181,961	$2,555,016
28	$4,495,520	-$1,623,673 -$191,060	$2,680,787
29	$4,720,320	-$1,706,849 -$200,614	$2,812,857
30	$4,956,320	-$1,794,169 -$210,644	$2,951,507