The jackpot for the MEGA Millions draw on Tue Jun 17, 2025, is projected to be $280 Million, with an option for a cash payout of $126.1 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 Missouri residents, the state will deduct 4% from your lottery earnings.
| Missouri MEGA Millions Jackpot/Cash Option for Tue Jun 17, 2025 |
| Draw Date |
Tue Jun 17, 2025 |
| Projected Jackpot |
$280,000,000 |
| Cash Value |
$126,100,000 |
| Lumpsum Option Taxes and Payment |
| Cash Gross Payment |
$126,100,000 |
| Federal Tax(24%) |
$30,264,000 |
| Additional Federal Tax |
$16,353,330 |
| State Tax(4%) |
$5,044,000 |
| Net Lumpsum Payment |
$74,438,670 |
| Annuity Payment in 30 Installations |
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,214,280 |
$1,519,614
$168,571 |
$2,526,095 |
| 2 |
$4,425,120 |
$1,597,625
$177,005 |
$2,650,490 |
| 3 |
$4,646,320 |
$1,679,469
$185,853 |
$2,780,998 |
| 4 |
$4,878,720 |
$1,765,457
$195,149 |
$2,918,114 |
| 5 |
$5,122,600 |
$1,855,692
$204,904 |
$3,062,004 |
| 6 |
$5,378,800 |
$1,950,486
$215,152 |
$3,213,162 |
| 7 |
$5,647,600 |
$2,049,942
$225,904 |
$3,371,754 |
| 8 |
$5,930,120 |
$2,154,475
$237,205 |
$3,538,440 |
| 9 |
$6,226,640 |
$2,264,187
$249,066 |
$3,713,387 |
| 10 |
$6,538,000 |
$2,379,390
$261,520 |
$3,897,090 |
| 11 |
$6,864,760 |
$2,500,292
$274,590 |
$4,089,878 |
| 12 |
$7,208,040 |
$2,627,305
$288,322 |
$4,292,413 |
| 13 |
$7,568,400 |
$2,760,638
$302,736 |
$4,505,026 |
| 14 |
$7,946,960 |
$2,900,706
$317,878 |
$4,728,376 |
| 15 |
$8,344,280 |
$3,047,714
$333,771 |
$4,962,795 |
| 16 |
$8,761,480 |
$3,202,078
$350,459 |
$5,208,943 |
| 17 |
$9,199,400 |
$3,364,108
$367,976 |
$5,467,316 |
| 18 |
$9,659,440 |
$3,534,323
$386,378 |
$5,738,739 |
| 19 |
$10,142,440 |
$3,713,033
$405,698 |
$6,023,709 |
| 20 |
$10,649,520 |
$3,900,653
$425,981 |
$6,322,886 |
| 21 |
$11,182,080 |
$4,097,700
$447,283 |
$6,637,097 |
| 22 |
$11,741,240 |
$4,304,589
$469,650 |
$6,967,001 |
| 23 |
$12,328,120 |
$4,521,735
$493,125 |
$7,313,260 |
| 24 |
$12,944,680 |
$4,749,862
$517,787 |
$7,677,031 |
| 25 |
$13,591,760 |
$4,989,282
$543,670 |
$8,058,808 |
| 26 |
$14,271,600 |
$5,240,822
$570,864 |
$8,459,914 |
| 27 |
$14,985,040 |
$5,504,795
$599,402 |
$8,880,843 |
| 28 |
$15,734,320 |
$5,782,029
$629,373 |
$9,322,918 |
| 29 |
$16,521,120 |
$6,073,145
$660,845 |
$9,787,130 |
| 30 |
$17,347,120 |
$6,378,765
$693,885 |
$10,274,470 |
|
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