The jackpot for the MEGA Millions draw on Tue Dec 23, 2025, is projected to be $100 Million, with an option for a cash payout of $45.5 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho MEGA Millions Jackpot/Cash Option for Tue Dec 23, 2025 |
|---|
| Draw Date | Tue Dec 23, 2025 | | Projected Jackpot | $100,000,000 | | Cash Value | $45,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $45,500,000 | | Federal Tax(24%) | $10,920,000 | | Additional Federal Tax | $5,875,330 | | State Tax(5.8%) | $2,639,000 | | Net Lumpsum Payment | $26,065,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,505,100 |
$517,217
$87,296 |
$900,587 |
| 2 |
$1,580,400 |
$545,078
$91,663 |
$943,659 |
| 3 |
$1,659,400 |
$574,308
$96,245 |
$988,847 |
| 4 |
$1,742,400 |
$605,018
$101,059 |
$1,036,323 |
| 5 |
$1,829,500 |
$637,245
$106,111 |
$1,086,144 |
| 6 |
$1,921,000 |
$671,100
$111,418 |
$1,138,482 |
| 7 |
$2,017,000 |
$706,620
$116,986 |
$1,193,394 |
| 8 |
$2,117,900 |
$743,953
$122,838 |
$1,251,109 |
| 9 |
$2,223,800 |
$783,136
$128,980 |
$1,311,684 |
| 10 |
$2,335,000 |
$824,280
$135,430 |
$1,375,290 |
| 11 |
$2,451,700 |
$867,459
$142,199 |
$1,442,042 |
| 12 |
$2,574,300 |
$912,821
$149,309 |
$1,512,170 |
| 13 |
$2,703,000 |
$960,440
$156,774 |
$1,585,786 |
| 14 |
$2,838,200 |
$1,010,464
$164,616 |
$1,663,120 |
| 15 |
$2,980,100 |
$1,062,967
$172,846 |
$1,744,287 |
| 16 |
$3,129,100 |
$1,118,097
$181,488 |
$1,829,515 |
| 17 |
$3,285,500 |
$1,175,965
$190,559 |
$1,918,976 |
| 18 |
$3,449,800 |
$1,236,756
$200,088 |
$2,012,956 |
| 19 |
$3,622,300 |
$1,300,581
$210,093 |
$2,111,626 |
| 20 |
$3,803,400 |
$1,367,588
$220,597 |
$2,215,215 |
| 21 |
$3,993,600 |
$1,437,962
$231,629 |
$2,324,009 |
| 22 |
$4,193,300 |
$1,511,851
$243,211 |
$2,438,238 |
| 23 |
$4,402,900 |
$1,589,403
$255,368 |
$2,558,129 |
| 24 |
$4,623,100 |
$1,670,877
$268,140 |
$2,684,083 |
| 25 |
$4,854,200 |
$1,756,384
$281,544 |
$2,816,272 |
| 26 |
$5,097,000 |
$1,846,220
$295,626 |
$2,955,154 |
| 27 |
$5,351,800 |
$1,940,496
$310,404 |
$3,100,900 |
| 28 |
$5,619,400 |
$2,039,508
$325,925 |
$3,253,967 |
| 29 |
$5,900,400 |
$2,143,478
$342,223 |
$3,414,699 |
| 30 |
$6,195,400 |
$2,252,628
$359,333 |
$3,583,439 |
|
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