The jackpot for the MEGA Millions draw on Tue Jun 3, 2025, is projected to be $202 Million, with an option for a cash payout of $90 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 Jun 3, 2025 |
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Draw Date | Tue Jun 3, 2025 | Projected Jackpot | $202,000,000 | Cash Value | $90,000,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $90,000,000 | Federal Tax(24%) | $21,600,000 | Additional Federal Tax | $11,660,330 | State Tax(10.75%) | $9,675,000 | Net Lumpsum Payment | $47,064,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,040,302 |
$1,085,242 $326,832 |
$1,628,228 |
2 |
$3,192,408 |
$1,141,521 $343,184 |
$1,707,703 |
3 |
$3,351,988 |
$1,200,566 $360,339 |
$1,791,083 |
4 |
$3,519,648 |
$1,262,600 $378,362 |
$1,878,686 |
5 |
$3,695,590 |
$1,327,699 $397,276 |
$1,970,615 |
6 |
$3,880,420 |
$1,396,086 $417,145 |
$2,067,189 |
7 |
$4,074,340 |
$1,467,836 $437,992 |
$2,168,512 |
8 |
$4,278,158 |
$1,543,249 $459,902 |
$2,275,007 |
9 |
$4,492,076 |
$1,622,399 $482,898 |
$2,386,779 |
10 |
$4,716,700 |
$1,705,509 $507,045 |
$2,504,146 |
11 |
$4,952,434 |
$1,792,731 $532,387 |
$2,627,316 |
12 |
$5,200,086 |
$1,884,362 $559,009 |
$2,756,715 |
13 |
$5,460,060 |
$1,980,553 $586,956 |
$2,892,551 |
14 |
$5,733,164 |
$2,081,601 $616,315 |
$3,035,248 |
15 |
$6,019,802 |
$2,187,657 $647,129 |
$3,185,016 |
16 |
$6,320,782 |
$2,299,020 $679,484 |
$3,342,278 |
17 |
$6,636,710 |
$2,415,913 $713,446 |
$3,507,351 |
18 |
$6,968,596 |
$2,538,711 $749,124 |
$3,680,761 |
19 |
$7,317,046 |
$2,667,637 $786,582 |
$3,862,827 |
20 |
$7,682,868 |
$2,802,992 $825,908 |
$4,053,968 |
21 |
$8,067,072 |
$2,945,147 $867,210 |
$4,254,715 |
22 |
$8,470,466 |
$3,094,403 $910,575 |
$4,465,488 |
23 |
$8,893,858 |
$3,251,058 $956,090 |
$4,686,710 |
24 |
$9,338,662 |
$3,415,635 $1,003,906 |
$4,919,121 |
25 |
$9,805,484 |
$3,588,359 $1,054,090 |
$5,163,035 |
26 |
$10,295,940 |
$3,769,828 $1,106,814 |
$5,419,298 |
27 |
$10,810,636 |
$3,960,266 $1,162,143 |
$5,688,227 |
28 |
$11,351,188 |
$4,160,270 $1,220,253 |
$5,970,665 |
29 |
$11,918,808 |
$4,370,289 $1,281,272 |
$6,267,247 |
30 |
$12,514,708 |
$4,590,772 $1,345,331 |
$6,578,605 |
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