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Iowa  Mega Millions logoIowa Mega Millions

Next Draw Date: Sat, Feb 4, 2023

Next Jackpot: $700 Million
(Cash Value: $375.7 Millions)

Cash Option ($375.7 Millions)
Gross Cash Payment 37% Federal Withholding 4.8% State WithHolding Lump-Sum Net Payment
Cash Option ($375.7 Millions)

Gross Amount: $375,700,000.00

Federal Withholding(37%): -$139,009,000.00

State Withholding(4.8%): -$18,033,600.00

Loop-Sum Net Payment: $218,657,400.00

Annuity ($700 Million in 30 Annual Payments)
Gross Cash Payment 37% Federal Withholding 4.8% State WithHolding Lump-Sum Net Payment
Annuity ($700 Million in 30 Annual Payments)

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700

Gross Amount: $6,131,777.40

Federal Withholding(37%): -$3,898,209

State Withholding(4.8%): -$505,713.60

Loop-Sum Net Payment: $10,535,700