Pennsylvania Lottery

PALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Oct 14, 2025 is estimated to be $600 Million, with a cash option of 277.2 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 Pennsylvania, your state will take 3.07% 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.

Pennsylvania MEGA Millions Jackpot/Cash Option for Tue Oct 14, 2025

Draw Date	Jackpot	Cash Option
Tue Oct 14, 2025	$600,000,000	$277,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$277,200,000
Federal Tax(24%)	$66,528,000
Additional Federal Tax	$35,996,330
State Tax(3.07%)	$8,510,040
Net Lumpsum Payment	$166,165,630

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,030,600	-$3,301,652 -$277,239	$5,451,709
2	$9,482,400	-$3,468,818 -$291,110	$5,722,472
3	$9,956,400	-$3,644,198 -$305,661	$6,006,541
4	$10,454,400	-$3,828,458 -$320,950	$6,304,992
5	$10,977,000	-$4,021,820 -$336,994	$6,618,186
6	$11,526,000	-$4,224,950 -$353,848	$6,947,202
7	$12,102,000	-$4,438,070 -$371,531	$7,292,399
8	$12,707,400	-$4,662,068 -$390,117	$7,655,215
9	$13,342,800	-$4,897,166 -$409,624	$8,036,010
10	$14,010,000	-$5,144,030 -$430,107	$8,435,863
11	$14,710,200	-$5,403,104 -$451,603	$8,855,493
12	$15,445,800	-$5,675,276 -$474,186	$9,296,338
13	$16,218,000	-$5,960,990 -$497,893	$9,759,117
14	$17,029,200	-$6,261,134 -$522,796	$10,245,270
15	$17,880,600	-$6,576,152 -$548,934	$10,755,514
16	$18,774,600	-$6,906,932 -$576,380	$11,291,288
17	$19,713,000	-$7,254,140 -$605,189	$11,853,671
18	$20,698,800	-$7,618,886 -$635,453	$12,444,461
19	$21,733,800	-$8,001,836 -$667,228	$13,064,736
20	$22,820,400	-$8,403,878 -$700,586	$13,715,936
21	$23,961,600	-$8,826,122 -$735,621	$14,399,857
22	$25,159,800	-$9,269,456 -$772,406	$15,117,938
23	$26,417,400	-$9,734,768 -$811,014	$15,871,618
24	$27,738,600	-$10,223,612 -$851,575	$16,663,413
25	$29,125,200	-$10,736,654 -$894,144	$17,494,402
26	$30,582,000	-$11,275,670 -$938,867	$18,367,463
27	$32,110,800	-$11,841,326 -$985,802	$19,283,672
28	$33,716,400	-$12,435,398 -$1,035,093	$20,245,909
29	$35,402,400	-$13,059,218 -$1,086,854	$21,256,328
30	$37,172,400	-$13,714,118 -$1,141,193	$22,317,089