The jackpot for the MEGA Millions draw on Tue Oct 14, 2025, is projected to be $600 Million, with an option for a cash payout of $277.2 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 14, 2025 |
|---|
| Draw Date | Tue Oct 14, 2025 | | Projected Jackpot | $600,000,000 | | Cash Value | $277,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $277,200,000 | | Federal Tax(24%) | $66,528,000 | | Additional Federal Tax | $35,996,330 | | State Tax(5.8%) | $16,077,600 | | Net Lumpsum Payment | $158,598,070 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,030,600 |
$3,301,652
$523,775 |
$5,205,173 |
| 2 |
$9,482,400 |
$3,468,818
$549,979 |
$5,463,603 |
| 3 |
$9,956,400 |
$3,644,198
$577,471 |
$5,734,731 |
| 4 |
$10,454,400 |
$3,828,458
$606,355 |
$6,019,587 |
| 5 |
$10,977,000 |
$4,021,820
$636,666 |
$6,318,514 |
| 6 |
$11,526,000 |
$4,224,950
$668,508 |
$6,632,542 |
| 7 |
$12,102,000 |
$4,438,070
$701,916 |
$6,962,014 |
| 8 |
$12,707,400 |
$4,662,068
$737,029 |
$7,308,303 |
| 9 |
$13,342,800 |
$4,897,166
$773,882 |
$7,671,752 |
| 10 |
$14,010,000 |
$5,144,030
$812,580 |
$8,053,390 |
| 11 |
$14,710,200 |
$5,403,104
$853,192 |
$8,453,904 |
| 12 |
$15,445,800 |
$5,675,276
$895,856 |
$8,874,668 |
| 13 |
$16,218,000 |
$5,960,990
$940,644 |
$9,316,366 |
| 14 |
$17,029,200 |
$6,261,134
$987,694 |
$9,780,372 |
| 15 |
$17,880,600 |
$6,576,152
$1,037,075 |
$10,267,373 |
| 16 |
$18,774,600 |
$6,906,932
$1,088,927 |
$10,778,741 |
| 17 |
$19,713,000 |
$7,254,140
$1,143,354 |
$11,315,506 |
| 18 |
$20,698,800 |
$7,618,886
$1,200,530 |
$11,879,384 |
| 19 |
$21,733,800 |
$8,001,836
$1,260,560 |
$12,471,404 |
| 20 |
$22,820,400 |
$8,403,878
$1,323,583 |
$13,092,939 |
| 21 |
$23,961,600 |
$8,826,122
$1,389,773 |
$13,745,705 |
| 22 |
$25,159,800 |
$9,269,456
$1,459,268 |
$14,431,076 |
| 23 |
$26,417,400 |
$9,734,768
$1,532,209 |
$15,150,423 |
| 24 |
$27,738,600 |
$10,223,612
$1,608,839 |
$15,906,149 |
| 25 |
$29,125,200 |
$10,736,654
$1,689,262 |
$16,699,284 |
| 26 |
$30,582,000 |
$11,275,670
$1,773,756 |
$17,532,574 |
| 27 |
$32,110,800 |
$11,841,326
$1,862,426 |
$18,407,048 |
| 28 |
$33,716,400 |
$12,435,398
$1,955,551 |
$19,325,451 |
| 29 |
$35,402,400 |
$13,059,218
$2,053,339 |
$20,289,843 |
| 30 |
$37,172,400 |
$13,714,118
$2,155,999 |
$21,302,283 |
|
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