The jackpot for the MEGA Millions draw on Fri Sep 5, 2025, is projected to be $336 Million, with an option for a cash payout of $151.3 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 Connecticut residents, the state will deduct 6.99% from your lottery earnings.
| Connecticut MEGA Millions Jackpot/Cash Option for Fri Sep 5, 2025 |
|---|
| Draw Date | Fri Sep 5, 2025 | | Projected Jackpot | $336,000,000 | | Cash Value | $151,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $151,300,000 | | Federal Tax(24%) | $36,312,000 | | Additional Federal Tax | $19,629,330 | | State Tax(6.99%) | $10,575,870 | | Net Lumpsum Payment | $84,782,800 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,057,136 |
$1,831,471
$353,494 |
$2,872,171 |
| 2 |
$5,310,144 |
$1,925,084
$371,179 |
$3,013,881 |
| 3 |
$5,575,584 |
$2,023,296
$389,733 |
$3,162,555 |
| 4 |
$5,854,464 |
$2,126,482
$409,227 |
$3,318,755 |
| 5 |
$6,147,120 |
$2,234,765
$429,684 |
$3,482,671 |
| 6 |
$6,454,560 |
$2,348,518
$451,174 |
$3,654,868 |
| 7 |
$6,777,120 |
$2,467,865
$473,721 |
$3,835,534 |
| 8 |
$7,116,144 |
$2,593,304
$497,418 |
$4,025,422 |
| 9 |
$7,471,968 |
$2,724,959
$522,291 |
$4,224,718 |
| 10 |
$7,845,600 |
$2,863,202
$548,407 |
$4,433,991 |
| 11 |
$8,237,712 |
$3,008,284
$575,816 |
$4,653,612 |
| 12 |
$8,649,648 |
$3,160,700
$604,610 |
$4,884,338 |
| 13 |
$9,082,080 |
$3,320,700
$634,837 |
$5,126,543 |
| 14 |
$9,536,352 |
$3,488,781
$666,591 |
$5,380,980 |
| 15 |
$10,013,136 |
$3,665,191
$699,918 |
$5,648,027 |
| 16 |
$10,513,776 |
$3,850,428
$734,913 |
$5,928,435 |
| 17 |
$11,039,280 |
$4,044,864
$771,646 |
$6,222,770 |
| 18 |
$11,591,328 |
$4,249,122
$810,234 |
$6,531,972 |
| 19 |
$12,170,928 |
$4,463,574
$850,748 |
$6,856,606 |
| 20 |
$12,779,424 |
$4,688,717
$893,282 |
$7,197,425 |
| 21 |
$13,418,496 |
$4,925,174
$937,953 |
$7,555,369 |
| 22 |
$14,089,488 |
$5,173,441
$984,855 |
$7,931,192 |
| 23 |
$14,793,744 |
$5,434,016
$1,034,083 |
$8,325,645 |
| 24 |
$15,533,616 |
$5,707,768
$1,085,800 |
$8,740,048 |
| 25 |
$16,310,112 |
$5,995,072
$1,140,077 |
$9,174,963 |
| 26 |
$17,125,920 |
$6,296,921
$1,197,102 |
$9,631,897 |
| 27 |
$17,982,048 |
$6,613,688
$1,256,945 |
$10,111,415 |
| 28 |
$18,881,184 |
$6,946,368
$1,319,795 |
$10,615,021 |
| 29 |
$19,825,344 |
$7,295,708
$1,385,792 |
$11,143,844 |
| 30 |
$20,816,544 |
$7,662,452
$1,455,076 |
$11,699,016 |
|
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