The jackpot for the MEGA Millions draw on Tue Sep 9, 2025, is projected to be $358 Million, with an option for a cash payout of $164.5 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 Sep 9, 2025 |
|---|
| Draw Date | Tue Sep 9, 2025 | | Projected Jackpot | $358,000,000 | | Cash Value | $164,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $164,500,000 | | Federal Tax(24%) | $39,480,000 | | Additional Federal Tax | $21,345,330 | | State Tax(5.8%) | $9,541,000 | | Net Lumpsum Payment | $94,133,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,388,258 |
$1,953,986
$312,519 |
$3,121,753 |
| 2 |
$5,657,832 |
$2,053,728
$328,154 |
$3,275,950 |
| 3 |
$5,940,652 |
$2,158,372
$344,558 |
$3,437,722 |
| 4 |
$6,237,792 |
$2,268,313
$361,792 |
$3,607,687 |
| 5 |
$6,549,610 |
$2,383,686
$379,877 |
$3,786,047 |
| 6 |
$6,877,180 |
$2,504,887
$398,876 |
$3,973,417 |
| 7 |
$7,220,860 |
$2,632,049
$418,810 |
$4,170,001 |
| 8 |
$7,582,082 |
$2,765,701
$439,761 |
$4,376,620 |
| 9 |
$7,961,204 |
$2,905,976
$461,750 |
$4,593,478 |
| 10 |
$8,359,300 |
$3,053,271
$484,839 |
$4,821,190 |
| 11 |
$8,777,086 |
$3,207,852
$509,071 |
$5,060,163 |
| 12 |
$9,215,994 |
$3,370,248
$534,528 |
$5,311,218 |
| 13 |
$9,676,740 |
$3,540,724
$561,251 |
$5,574,765 |
| 14 |
$10,160,756 |
$3,719,810
$589,324 |
$5,851,622 |
| 15 |
$10,668,758 |
$3,907,771
$618,788 |
$6,142,199 |
| 16 |
$11,202,178 |
$4,105,136
$649,726 |
$6,447,316 |
| 17 |
$11,762,090 |
$4,312,304
$682,201 |
$6,767,585 |
| 18 |
$12,350,284 |
$4,529,935
$716,316 |
$7,104,033 |
| 19 |
$12,967,834 |
$4,758,429
$752,134 |
$7,457,271 |
| 20 |
$13,616,172 |
$4,998,314
$789,738 |
$7,828,120 |
| 21 |
$14,297,088 |
$5,250,253
$829,231 |
$8,217,604 |
| 22 |
$15,012,014 |
$5,514,776
$870,697 |
$8,626,541 |
| 23 |
$15,762,382 |
$5,792,412
$914,218 |
$9,055,752 |
| 24 |
$16,550,698 |
$6,084,089
$959,940 |
$9,506,669 |
| 25 |
$17,378,036 |
$6,390,204
$1,007,926 |
$9,979,906 |
| 26 |
$18,247,260 |
$6,711,817
$1,058,341 |
$10,477,102 |
| 27 |
$19,159,444 |
$7,049,325
$1,111,248 |
$10,998,871 |
| 28 |
$20,117,452 |
$7,403,788
$1,166,812 |
$11,546,852 |
| 29 |
$21,123,432 |
$7,776,000
$1,225,159 |
$12,122,273 |
| 30 |
$22,179,532 |
$8,166,757
$1,286,413 |
$12,726,362 |
|
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