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 Date | Tue 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 |
|
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