The jackpot for the MEGA Millions draw on Tue Oct 14, 2025, is projected to be $600 Million, with an option for a cash payout of $277.2 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 Oct 14, 2025 |
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Draw Date | Tue Oct 14, 2025 | Projected Jackpot | $600,000,000 | Cash Value | $277,200,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $277,200,000 | Federal Tax(24%) | $66,528,000 | Additional Federal Tax | $35,996,330 | State Tax(10.75%) | $29,799,000 | Net Lumpsum Payment | $144,876,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$9,030,600 |
$3,301,652 $970,790 |
$4,758,158 |
2 |
$9,482,400 |
$3,468,818 $1,019,358 |
$4,994,224 |
3 |
$9,956,400 |
$3,644,198 $1,070,313 |
$5,241,889 |
4 |
$10,454,400 |
$3,828,458 $1,123,848 |
$5,502,094 |
5 |
$10,977,000 |
$4,021,820 $1,180,028 |
$5,775,152 |
6 |
$11,526,000 |
$4,224,950 $1,239,045 |
$6,062,005 |
7 |
$12,102,000 |
$4,438,070 $1,300,965 |
$6,362,965 |
8 |
$12,707,400 |
$4,662,068 $1,366,046 |
$6,679,286 |
9 |
$13,342,800 |
$4,897,166 $1,434,351 |
$7,011,283 |
10 |
$14,010,000 |
$5,144,030 $1,506,075 |
$7,359,895 |
11 |
$14,710,200 |
$5,403,104 $1,581,347 |
$7,725,749 |
12 |
$15,445,800 |
$5,675,276 $1,660,424 |
$8,110,100 |
13 |
$16,218,000 |
$5,960,990 $1,743,435 |
$8,513,575 |
14 |
$17,029,200 |
$6,261,134 $1,830,639 |
$8,937,427 |
15 |
$17,880,600 |
$6,576,152 $1,922,165 |
$9,382,283 |
16 |
$18,774,600 |
$6,906,932 $2,018,270 |
$9,849,398 |
17 |
$19,713,000 |
$7,254,140 $2,119,148 |
$10,339,712 |
18 |
$20,698,800 |
$7,618,886 $2,225,121 |
$10,854,793 |
19 |
$21,733,800 |
$8,001,836 $2,336,384 |
$11,395,580 |
20 |
$22,820,400 |
$8,403,878 $2,453,193 |
$11,963,329 |
21 |
$23,961,600 |
$8,826,122 $2,575,872 |
$12,559,606 |
22 |
$25,159,800 |
$9,269,456 $2,704,679 |
$13,185,665 |
23 |
$26,417,400 |
$9,734,768 $2,839,871 |
$13,842,761 |
24 |
$27,738,600 |
$10,223,612 $2,981,900 |
$14,533,088 |
25 |
$29,125,200 |
$10,736,654 $3,130,959 |
$15,257,587 |
26 |
$30,582,000 |
$11,275,670 $3,287,565 |
$16,018,765 |
27 |
$32,110,800 |
$11,841,326 $3,451,911 |
$16,817,563 |
28 |
$33,716,400 |
$12,435,398 $3,624,513 |
$17,656,489 |
29 |
$35,402,400 |
$13,059,218 $3,805,758 |
$18,537,424 |
30 |
$37,172,400 |
$13,714,118 $3,996,033 |
$19,462,249 |
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