The jackpot for the MEGA Millions draw on Tue Aug 5, 2025, is projected to be $150 Million, with an option for a cash payout of $67.9 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 Aug 5, 2025 |
|---|
| Draw Date | Tue Aug 5, 2025 | | Projected Jackpot | $150,000,000 | | Cash Value | $67,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $67,900,000 | | Federal Tax(24%) | $16,296,000 | | Additional Federal Tax | $8,787,330 | | State Tax(10.75%) | $7,299,250 | | Net Lumpsum Payment | $35,517,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,257,650 |
$795,661
$242,697 |
$1,219,292 |
| 2 |
$2,370,600 |
$837,452
$254,840 |
$1,278,308 |
| 3 |
$2,489,100 |
$881,297
$267,578 |
$1,340,225 |
| 4 |
$2,613,600 |
$927,362
$280,962 |
$1,405,276 |
| 5 |
$2,744,250 |
$975,703
$295,007 |
$1,473,540 |
| 6 |
$2,881,500 |
$1,026,485
$309,761 |
$1,545,254 |
| 7 |
$3,025,500 |
$1,079,765
$325,241 |
$1,620,494 |
| 8 |
$3,176,850 |
$1,135,765
$341,511 |
$1,699,574 |
| 9 |
$3,335,700 |
$1,194,539
$358,588 |
$1,782,573 |
| 10 |
$3,502,500 |
$1,256,255
$376,519 |
$1,869,726 |
| 11 |
$3,677,550 |
$1,321,024
$395,337 |
$1,961,189 |
| 12 |
$3,861,450 |
$1,389,067
$415,106 |
$2,057,277 |
| 13 |
$4,054,500 |
$1,460,495
$435,859 |
$2,158,146 |
| 14 |
$4,257,300 |
$1,535,531
$457,660 |
$2,264,109 |
| 15 |
$4,470,150 |
$1,614,286
$480,541 |
$2,375,323 |
| 16 |
$4,693,650 |
$1,696,981
$504,567 |
$2,492,102 |
| 17 |
$4,928,250 |
$1,783,783
$529,787 |
$2,614,680 |
| 18 |
$5,174,700 |
$1,874,969
$556,280 |
$2,743,451 |
| 19 |
$5,433,450 |
$1,970,707
$584,096 |
$2,878,647 |
| 20 |
$5,705,100 |
$2,071,217
$613,298 |
$3,020,585 |
| 21 |
$5,990,400 |
$2,176,778
$643,968 |
$3,169,654 |
| 22 |
$6,289,950 |
$2,287,612
$676,170 |
$3,326,168 |
| 23 |
$6,604,350 |
$2,403,940
$709,968 |
$3,490,442 |
| 24 |
$6,934,650 |
$2,526,151
$745,475 |
$3,663,024 |
| 25 |
$7,281,300 |
$2,654,411
$782,740 |
$3,844,149 |
| 26 |
$7,645,500 |
$2,789,165
$821,891 |
$4,034,444 |
| 27 |
$8,027,700 |
$2,930,579
$862,978 |
$4,234,143 |
| 28 |
$8,429,100 |
$3,079,097
$906,128 |
$4,443,875 |
| 29 |
$8,850,600 |
$3,235,052
$951,440 |
$4,664,108 |
| 30 |
$9,293,100 |
$3,398,777
$999,008 |
$4,895,315 |
|
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