Jackpot Analysis Idaho Mega Millions

Jackpot Analysis for Idaho Mega Millions
The jackpot for the MEGA Millions draw on Tue Oct 28, 2025, is projected to be $714 Million, with an option for a cash payout of $334.1 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.

Idaho MEGA Millions Jackpot/Cash Option for Tue Oct 28, 2025
Draw DateTue Oct 28, 2025
Projected Jackpot$714,000,000
Cash Value$334,100,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$334,100,000
Federal Tax(24%)$80,184,000
Additional Federal Tax$43,393,330
State Tax(5.8%)$19,377,800
Net Lumpsum Payment$191,144,870
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $10,746,414 $3,936,504
$623,292
$6,186,618
2 $11,284,056 $4,135,431
$654,475
$6,494,150
3 $11,848,116 $4,344,133
$687,191
$6,816,792
4 $12,440,736 $4,563,403
$721,563
$7,155,770
5 $13,062,630 $4,793,503
$757,633
$7,511,494
6 $13,715,940 $5,035,228
$795,525
$7,885,187
7 $14,401,380 $5,288,841
$835,280
$8,277,259
8 $15,121,806 $5,555,399
$877,065
$8,689,342
9 $15,877,932 $5,835,165
$920,920
$9,121,847
10 $16,671,900 $6,128,933
$966,970
$9,575,997
11 $17,505,138 $6,437,231
$1,015,298
$10,052,609
12 $18,380,502 $6,761,116
$1,066,069
$10,553,317
13 $19,299,420 $7,101,116
$1,119,366
$11,078,938
14 $20,264,748 $7,458,287
$1,175,355
$11,631,106
15 $21,277,914 $7,833,159
$1,234,119
$12,210,636
16 $22,341,774 $8,226,787
$1,295,823
$12,819,164
17 $23,458,470 $8,639,964
$1,360,591
$13,457,915
18 $24,631,572 $9,074,012
$1,428,631
$14,128,929
19 $25,863,222 $9,529,723
$1,500,067
$14,833,432
20 $27,156,276 $10,008,153
$1,575,064
$15,573,059
21 $28,514,304 $10,510,623
$1,653,830
$16,349,851
22 $29,940,162 $11,038,190
$1,736,529
$17,165,443
23 $31,436,706 $11,591,912
$1,823,329
$18,021,465
24 $33,008,934 $12,173,636
$1,914,518
$18,920,780
25 $34,658,988 $12,784,156
$2,010,221
$19,864,611
26 $36,392,580 $13,425,585
$2,110,770
$20,856,225
27 $38,211,852 $14,098,716
$2,216,287
$21,896,849
28 $40,122,516 $14,805,661
$2,327,106
$22,989,749
29 $42,128,856 $15,548,007
$2,443,474
$24,137,375
30 $44,235,156 $16,327,338
$2,565,639
$25,342,179