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 Indiana residents, the state will deduct 3.15% from your lottery earnings.
| Indiana 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(3.15%) | $4,765,950 | | Net Lumpsum Payment | $90,592,720 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,057,136 |
$1,831,471
$159,300 |
$3,066,365 |
| 2 |
$5,310,144 |
$1,925,084
$167,270 |
$3,217,790 |
| 3 |
$5,575,584 |
$2,023,296
$175,631 |
$3,376,657 |
| 4 |
$5,854,464 |
$2,126,482
$184,416 |
$3,543,566 |
| 5 |
$6,147,120 |
$2,234,765
$193,634 |
$3,718,721 |
| 6 |
$6,454,560 |
$2,348,518
$203,319 |
$3,902,723 |
| 7 |
$6,777,120 |
$2,467,865
$213,479 |
$4,095,776 |
| 8 |
$7,116,144 |
$2,593,304
$224,159 |
$4,298,681 |
| 9 |
$7,471,968 |
$2,724,959
$235,367 |
$4,511,642 |
| 10 |
$7,845,600 |
$2,863,202
$247,136 |
$4,735,262 |
| 11 |
$8,237,712 |
$3,008,284
$259,488 |
$4,969,940 |
| 12 |
$8,649,648 |
$3,160,700
$272,464 |
$5,216,484 |
| 13 |
$9,082,080 |
$3,320,700
$286,086 |
$5,475,294 |
| 14 |
$9,536,352 |
$3,488,781
$300,395 |
$5,747,176 |
| 15 |
$10,013,136 |
$3,665,191
$315,414 |
$6,032,531 |
| 16 |
$10,513,776 |
$3,850,428
$331,184 |
$6,332,164 |
| 17 |
$11,039,280 |
$4,044,864
$347,737 |
$6,646,679 |
| 18 |
$11,591,328 |
$4,249,122
$365,127 |
$6,977,079 |
| 19 |
$12,170,928 |
$4,463,574
$383,384 |
$7,323,970 |
| 20 |
$12,779,424 |
$4,688,717
$402,552 |
$7,688,155 |
| 21 |
$13,418,496 |
$4,925,174
$422,683 |
$8,070,639 |
| 22 |
$14,089,488 |
$5,173,441
$443,819 |
$8,472,228 |
| 23 |
$14,793,744 |
$5,434,016
$466,003 |
$8,893,725 |
| 24 |
$15,533,616 |
$5,707,768
$489,309 |
$9,336,539 |
| 25 |
$16,310,112 |
$5,995,072
$513,769 |
$9,801,271 |
| 26 |
$17,125,920 |
$6,296,921
$539,466 |
$10,289,533 |
| 27 |
$17,982,048 |
$6,613,688
$566,435 |
$10,801,925 |
| 28 |
$18,881,184 |
$6,946,368
$594,757 |
$11,340,059 |
| 29 |
$19,825,344 |
$7,295,708
$624,498 |
$11,905,138 |
| 30 |
$20,816,544 |
$7,662,452
$655,721 |
$12,498,371 |
|
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