Jackpot Analysis Dist. of Columbia Mega Millions

Jackpot Analysis for Dist. of Columbia Mega Millions
The jackpot for the MEGA Millions draw on Tue Aug 19, 2025, is projected to be $216 Million, with an option for a cash payout of $97 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 19, 2025
Draw DateTue Aug 19, 2025
Projected Jackpot$216,000,000
Cash Value$97,000,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$97,000,000
Federal Tax(24%)$23,280,000
Additional Federal Tax$12,570,330
State Tax(10.75%)$10,427,500
Net Lumpsum Payment$50,722,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,251,016 $1,163,206
$349,484
$1,738,326
2 $3,413,664 $1,223,386
$366,969
$1,823,309
3 $3,584,304 $1,286,523
$385,313
$1,912,468
4 $3,763,584 $1,352,856
$404,585
$2,006,143
5 $3,951,720 $1,422,467
$424,810
$2,104,443
6 $4,149,360 $1,495,594
$446,056
$2,207,710
7 $4,356,720 $1,572,317
$468,347
$2,316,056
8 $4,574,664 $1,652,956
$491,776
$2,429,932
9 $4,803,408 $1,737,591
$516,366
$2,549,451
10 $5,043,600 $1,826,462
$542,187
$2,674,951
11 $5,295,672 $1,919,729
$569,285
$2,806,658
12 $5,560,488 $2,017,711
$597,752
$2,945,025
13 $5,838,480 $2,120,568
$627,637
$3,090,275
14 $6,130,512 $2,228,620
$659,030
$3,242,862
15 $6,437,016 $2,342,026
$691,979
$3,403,011
16 $6,758,856 $2,461,107
$726,577
$3,571,172
17 $7,096,680 $2,586,102
$762,893
$3,747,685
18 $7,451,568 $2,717,411
$801,044
$3,933,113
19 $7,824,168 $2,855,273
$841,098
$4,127,797
20 $8,215,344 $3,000,008
$883,149
$4,332,187
21 $8,626,176 $3,152,016
$927,314
$4,546,846
22 $9,057,528 $3,311,616
$973,684
$4,772,228
23 $9,510,264 $3,479,128
$1,022,353
$5,008,783
24 $9,985,896 $3,655,112
$1,073,484
$5,257,300
25 $10,485,072 $3,839,807
$1,127,145
$5,518,120
26 $11,009,520 $4,033,853
$1,183,523
$5,792,144
27 $11,559,888 $4,237,489
$1,242,688
$6,079,711
28 $12,137,904 $4,451,355
$1,304,825
$6,381,724
29 $12,744,864 $4,675,930
$1,370,073
$6,698,861
30 $13,382,064 $4,911,694
$1,438,572
$7,031,798