Iowa Mega Millions Prizes & Odds
Every prize and the odds of winning it on one play.
Odds of winning any prize: 1 in 23.07. Every play comes with a random multiplier that multiplies every prize below the jackpot.
| Match | Odds | 2X | 3X | 4X | 5X | 10X |
|---|---|---|---|---|---|---|
| Match 5 + Mega Ball | 1 in 290,472,336 | $385M next jackpot · not multiplied | ||||
| Match 5 | 1 in 12,629,232 | $2,000,000 | $3,000,000 | $4,000,000 | $5,000,000 | $10,000,000 |
| Match 4 + Mega Ball | 1 in 893,761 | $20,000 | $30,000 | $40,000 | $50,000 | $100,000 |
| Match 4 | 1 in 38,859 | $1,000 | $1,500 | $2,000 | $2,500 | $5,000 |
| Match 3 + Mega Ball | 1 in 13,965 | $400 | $600 | $800 | $1,000 | $2,000 |
| Match 3 | 1 in 607 | $20 | $30 | $40 | $50 | $100 |
| Match 2 + Mega Ball | 1 in 665 | $20 | $30 | $40 | $50 | $100 |
| Match 1 + Mega Ball | 1 in 86 | $14 | $21 | $28 | $35 | $70 |
| Match Mega Ball only | 1 in 35 | $10 | $15 | $20 | $25 | $50 |
Odds of each multiplier on your ticket
- 2XOdds1 in 2.13
- 3XOdds1 in 3.2
- 4XOdds1 in 8
- 5XOdds1 in 16
- 10XOdds1 in 32
3.8% state tax is withheld from prizes over $600, plus 24% federal tax from prizes over $5,000. What a prize pays after taxes
Reviewed by Bishop Woosley, former Director of the Arkansas Scholarship Lottery and NASPL President.

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More for Mega Millions Players
What a win pays after taxes, where to cash it, and other games’ prizes.
Good to know
- Keep MoreIowa Lottery Tax Calculator Taken as cash, the $385 million jackpot leaves about $91.7 million after taxes.
- After You WinHow to Claim an Iowa Lottery Prize Up to $600 at any lottery retailer. You have 180 days to claim.
- Before You PlayIowa Lottery Draw Times Drawn Tue and Fri at 10:00 PM CT. Sales stop at 8:59 PM CT.
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Frequently Asked Questions
Answers about Iowa Mega Millions prizes and odds
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