The jackpot for the MEGA Millions draw on Fri Sep 19, 2025, is projected to be $423 Million, with an option for a cash payout of $196.5 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 Fri Sep 19, 2025 |
|---|
| Draw Date | Fri Sep 19, 2025 | | Projected Jackpot | $423,000,000 | | Cash Value | $196,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $196,500,000 | | Federal Tax(24%) | $47,160,000 | | Additional Federal Tax | $25,505,330 | | State Tax(5.8%) | $11,397,000 | | Net Lumpsum Payment | $112,437,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,366,573 |
$2,315,962
$369,261 |
$3,681,350 |
| 2 |
$6,685,092 |
$2,433,814
$387,735 |
$3,863,543 |
| 3 |
$7,019,262 |
$2,557,457
$407,117 |
$4,054,688 |
| 4 |
$7,370,352 |
$2,687,361
$427,480 |
$4,255,511 |
| 5 |
$7,738,785 |
$2,823,681
$448,850 |
$4,466,254 |
| 6 |
$8,125,830 |
$2,966,887
$471,298 |
$4,687,645 |
| 7 |
$8,531,910 |
$3,117,137
$494,851 |
$4,919,922 |
| 8 |
$8,958,717 |
$3,275,056
$519,606 |
$5,164,055 |
| 9 |
$9,406,674 |
$3,440,800
$545,587 |
$5,420,287 |
| 10 |
$9,877,050 |
$3,614,839
$572,869 |
$5,689,342 |
| 11 |
$10,370,691 |
$3,797,486
$601,500 |
$5,971,705 |
| 12 |
$10,889,289 |
$3,989,367
$631,579 |
$6,268,343 |
| 13 |
$11,433,690 |
$4,190,796
$663,154 |
$6,579,740 |
| 14 |
$12,005,586 |
$4,402,397
$696,324 |
$6,906,865 |
| 15 |
$12,605,823 |
$4,624,485
$731,138 |
$7,250,200 |
| 16 |
$13,236,093 |
$4,857,685
$767,693 |
$7,610,715 |
| 17 |
$13,897,665 |
$5,102,466
$806,065 |
$7,989,134 |
| 18 |
$14,592,654 |
$5,359,612
$846,374 |
$8,386,668 |
| 19 |
$15,322,329 |
$5,629,592
$888,695 |
$8,804,042 |
| 20 |
$16,088,382 |
$5,913,032
$933,126 |
$9,242,224 |
| 21 |
$16,892,928 |
$6,210,714
$979,790 |
$9,702,424 |
| 22 |
$17,737,659 |
$6,523,264
$1,028,784 |
$10,185,611 |
| 23 |
$18,624,267 |
$6,851,309
$1,080,207 |
$10,692,751 |
| 24 |
$19,555,713 |
$7,195,944
$1,134,231 |
$11,225,538 |
| 25 |
$20,533,266 |
$7,557,639
$1,190,929 |
$11,784,698 |
| 26 |
$21,560,310 |
$7,937,645
$1,250,498 |
$12,372,167 |
| 27 |
$22,638,114 |
$8,336,433
$1,313,011 |
$12,988,670 |
| 28 |
$23,770,062 |
$8,755,253
$1,378,664 |
$13,636,145 |
| 29 |
$24,958,692 |
$9,195,046
$1,447,604 |
$14,316,042 |
| 30 |
$26,206,542 |
$9,656,751
$1,519,979 |
$15,029,812 |
|
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