The jackpot for the MEGA Millions draw on Tue May 13, 2025, is projected to be $110 Million, with an option for a cash payout of $49.4 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
Washington DC MEGA Millions Jackpot/Cash Option for Tue May 13, 2025 |
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Draw Date | Tue May 13, 2025 | Projected Jackpot | $110,000,000 | Cash Value | $49,400,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $49,400,000 | Federal Tax(24%) | $11,856,000 | Additional Federal Tax | $6,382,330 | State Tax(10.75%) | $5,310,500 | Net Lumpsum Payment | $25,851,170 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$1,655,610 |
$572,906 $177,978 |
$904,726 |
2 |
$1,738,440 |
$603,553 $186,882 |
$948,005 |
3 |
$1,825,340 |
$635,706 $196,224 |
$993,410 |
4 |
$1,916,640 |
$669,487 $206,039 |
$1,041,114 |
5 |
$2,012,450 |
$704,937 $216,338 |
$1,091,175 |
6 |
$2,113,100 |
$742,177 $227,158 |
$1,143,765 |
7 |
$2,218,700 |
$781,249 $238,510 |
$1,198,941 |
8 |
$2,329,690 |
$822,316 $250,442 |
$1,256,932 |
9 |
$2,446,180 |
$865,417 $262,964 |
$1,317,799 |
10 |
$2,568,500 |
$910,675 $276,114 |
$1,381,711 |
11 |
$2,696,870 |
$958,172 $289,914 |
$1,448,784 |
12 |
$2,831,730 |
$1,008,070 $304,411 |
$1,519,249 |
13 |
$2,973,300 |
$1,060,451 $319,630 |
$1,593,219 |
14 |
$3,122,020 |
$1,115,478 $335,617 |
$1,670,925 |
15 |
$3,278,110 |
$1,173,231 $352,397 |
$1,752,482 |
16 |
$3,442,010 |
$1,233,874 $370,016 |
$1,838,120 |
17 |
$3,614,050 |
$1,297,529 $388,510 |
$1,928,011 |
18 |
$3,794,780 |
$1,364,399 $407,939 |
$2,022,442 |
19 |
$3,984,530 |
$1,434,606 $428,337 |
$2,121,587 |
20 |
$4,183,740 |
$1,508,314 $449,752 |
$2,225,674 |
21 |
$4,392,960 |
$1,585,726 $472,243 |
$2,334,991 |
22 |
$4,612,630 |
$1,667,003 $495,858 |
$2,449,769 |
23 |
$4,843,190 |
$1,752,311 $520,643 |
$2,570,236 |
24 |
$5,085,410 |
$1,841,932 $546,682 |
$2,696,796 |
25 |
$5,339,620 |
$1,935,990 $574,009 |
$2,829,621 |
26 |
$5,606,700 |
$2,034,809 $602,720 |
$2,969,171 |
27 |
$5,886,980 |
$2,138,513 $632,850 |
$3,115,617 |
28 |
$6,181,340 |
$2,247,426 $664,494 |
$3,269,420 |
29 |
$6,490,440 |
$2,361,793 $697,722 |
$3,430,925 |
30 |
$6,814,940 |
$2,481,858 $732,606 |
$3,600,476 |
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