Jackpot Analysis Dist. of Columbia Mega Millions

Jackpot Analysis for Dist. of Columbia Mega Millions
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
Draw DateTue May 13, 2025
Projected Jackpot$110,000,000
Cash Value$49,400,000

Lumpsum Option Taxes and Payment
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
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