Jackpot Analysis Dist. of Columbia Mega Millions

Jackpot Analysis for Dist. of Columbia Mega Millions
The jackpot for the MEGA Millions draw on Tue Jul 29, 2025, is projected to be $130 Million, with an option for a cash payout of $57.5 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 Jul 29, 2025
Draw DateTue Jul 29, 2025
Projected Jackpot$130,000,000
Cash Value$57,500,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$57,500,000
Federal Tax(24%)$13,800,000
Additional Federal Tax$7,435,330
State Tax(10.75%)$6,181,250
Net Lumpsum Payment$30,083,420
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $1,956,630 $684,283
$210,338
$1,062,009
2 $2,054,520 $720,503
$220,861
$1,113,156
3 $2,157,220 $758,502
$231,901
$1,166,817
4 $2,265,120 $798,425
$243,500
$1,223,195
5 $2,378,350 $840,320
$255,673
$1,282,357
6 $2,497,300 $884,331
$268,460
$1,344,509
7 $2,622,100 $930,507
$281,876
$1,409,717
8 $2,753,270 $979,040
$295,977
$1,478,253
9 $2,890,940 $1,029,978
$310,776
$1,550,186
10 $3,035,500 $1,083,465
$326,316
$1,625,719
11 $3,187,210 $1,139,598
$342,625
$1,704,987
12 $3,346,590 $1,198,569
$359,758
$1,788,263
13 $3,513,900 $1,260,473
$377,744
$1,875,683
14 $3,689,660 $1,325,505
$396,638
$1,967,517
15 $3,874,130 $1,393,758
$416,469
$2,063,903
16 $4,067,830 $1,465,427
$437,292
$2,165,111
17 $4,271,150 $1,540,656
$459,149
$2,271,345
18 $4,484,740 $1,619,684
$482,110
$2,382,946
19 $4,708,990 $1,702,657
$506,216
$2,500,117
20 $4,944,420 $1,789,766
$531,525
$2,623,129
21 $5,191,680 $1,881,252
$558,106
$2,752,322
22 $5,451,290 $1,977,308
$586,014
$2,887,968
23 $5,723,770 $2,078,125
$615,305
$3,030,340
24 $6,010,030 $2,184,041
$646,078
$3,179,911
25 $6,310,460 $2,295,201
$678,374
$3,336,885
26 $6,626,100 $2,411,987
$712,306
$3,501,807
27 $6,957,340 $2,534,546
$747,914
$3,674,880
28 $7,305,220 $2,663,262
$785,311
$3,856,647
29 $7,670,520 $2,798,423
$824,581
$4,047,516
30 $8,054,020 $2,940,318
$865,807
$4,247,895