The jackpot for the MEGA Millions draw on Tue Oct 28, 2025, is projected to be $714 Million, with an option for a cash payout of $334.1 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania MEGA Millions Jackpot/Cash Option for Tue Oct 28, 2025 |
|---|
| Draw Date | Tue Oct 28, 2025 | | Projected Jackpot | $714,000,000 | | Cash Value | $334,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $334,100,000 | | Federal Tax(24%) | $80,184,000 | | Additional Federal Tax | $43,393,330 | | State Tax(3.07%) | $10,256,870 | | Net Lumpsum Payment | $200,265,800 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$10,746,414 |
$3,936,504
$329,915 |
$6,479,995 |
| 2 |
$11,284,056 |
$4,135,431
$346,421 |
$6,802,204 |
| 3 |
$11,848,116 |
$4,344,133
$363,737 |
$7,140,246 |
| 4 |
$12,440,736 |
$4,563,403
$381,931 |
$7,495,402 |
| 5 |
$13,062,630 |
$4,793,503
$401,023 |
$7,868,104 |
| 6 |
$13,715,940 |
$5,035,228
$421,079 |
$8,259,633 |
| 7 |
$14,401,380 |
$5,288,841
$442,122 |
$8,670,417 |
| 8 |
$15,121,806 |
$5,555,399
$464,239 |
$9,102,168 |
| 9 |
$15,877,932 |
$5,835,165
$487,453 |
$9,555,314 |
| 10 |
$16,671,900 |
$6,128,933
$511,827 |
$10,031,140 |
| 11 |
$17,505,138 |
$6,437,231
$537,408 |
$10,530,499 |
| 12 |
$18,380,502 |
$6,761,116
$564,281 |
$11,055,105 |
| 13 |
$19,299,420 |
$7,101,116
$592,492 |
$11,605,812 |
| 14 |
$20,264,748 |
$7,458,287
$622,128 |
$12,184,333 |
| 15 |
$21,277,914 |
$7,833,159
$653,232 |
$12,791,523 |
| 16 |
$22,341,774 |
$8,226,787
$685,892 |
$13,429,095 |
| 17 |
$23,458,470 |
$8,639,964
$720,175 |
$14,098,331 |
| 18 |
$24,631,572 |
$9,074,012
$756,189 |
$14,801,371 |
| 19 |
$25,863,222 |
$9,529,723
$794,001 |
$15,539,498 |
| 20 |
$27,156,276 |
$10,008,153
$833,698 |
$16,314,425 |
| 21 |
$28,514,304 |
$10,510,623
$875,389 |
$17,128,292 |
| 22 |
$29,940,162 |
$11,038,190
$919,163 |
$17,982,809 |
| 23 |
$31,436,706 |
$11,591,912
$965,107 |
$18,879,687 |
| 24 |
$33,008,934 |
$12,173,636
$1,013,374 |
$19,821,924 |
| 25 |
$34,658,988 |
$12,784,156
$1,064,031 |
$20,810,801 |
| 26 |
$36,392,580 |
$13,425,585
$1,117,252 |
$21,849,743 |
| 27 |
$38,211,852 |
$14,098,716
$1,173,104 |
$22,940,032 |
| 28 |
$40,122,516 |
$14,805,661
$1,231,761 |
$24,085,094 |
| 29 |
$42,128,856 |
$15,548,007
$1,293,356 |
$25,287,493 |
| 30 |
$44,235,156 |
$16,327,338
$1,358,019 |
$26,549,799 |
|
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