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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana 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(4.75%) | $2,161,250 | | Net Lumpsum Payment | $26,543,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,505,100 |
$517,217
$71,492 |
$916,391 |
| 2 |
$1,580,400 |
$545,078
$75,069 |
$960,253 |
| 3 |
$1,659,400 |
$574,308
$78,822 |
$1,006,270 |
| 4 |
$1,742,400 |
$605,018
$82,764 |
$1,054,618 |
| 5 |
$1,829,500 |
$637,245
$86,901 |
$1,105,354 |
| 6 |
$1,921,000 |
$671,100
$91,248 |
$1,158,652 |
| 7 |
$2,017,000 |
$706,620
$95,808 |
$1,214,572 |
| 8 |
$2,117,900 |
$743,953
$100,600 |
$1,273,347 |
| 9 |
$2,223,800 |
$783,136
$105,631 |
$1,335,033 |
| 10 |
$2,335,000 |
$824,280
$110,913 |
$1,399,807 |
| 11 |
$2,451,700 |
$867,459
$116,456 |
$1,467,785 |
| 12 |
$2,574,300 |
$912,821
$122,279 |
$1,539,200 |
| 13 |
$2,703,000 |
$960,440
$128,393 |
$1,614,167 |
| 14 |
$2,838,200 |
$1,010,464
$134,815 |
$1,692,921 |
| 15 |
$2,980,100 |
$1,062,967
$141,555 |
$1,775,578 |
| 16 |
$3,129,100 |
$1,118,097
$148,632 |
$1,862,371 |
| 17 |
$3,285,500 |
$1,175,965
$156,061 |
$1,953,474 |
| 18 |
$3,449,800 |
$1,236,756
$163,866 |
$2,049,178 |
| 19 |
$3,622,300 |
$1,300,581
$172,059 |
$2,149,660 |
| 20 |
$3,803,400 |
$1,367,588
$180,662 |
$2,255,150 |
| 21 |
$3,993,600 |
$1,437,962
$189,696 |
$2,365,942 |
| 22 |
$4,193,300 |
$1,511,851
$199,182 |
$2,482,267 |
| 23 |
$4,402,900 |
$1,589,403
$209,138 |
$2,604,359 |
| 24 |
$4,623,100 |
$1,670,877
$219,597 |
$2,732,626 |
| 25 |
$4,854,200 |
$1,756,384
$230,575 |
$2,867,241 |
| 26 |
$5,097,000 |
$1,846,220
$242,108 |
$3,008,672 |
| 27 |
$5,351,800 |
$1,940,496
$254,211 |
$3,157,093 |
| 28 |
$5,619,400 |
$2,039,508
$266,922 |
$3,312,970 |
| 29 |
$5,900,400 |
$2,143,478
$280,269 |
$3,476,653 |
| 30 |
$6,195,400 |
$2,252,628
$294,282 |
$3,648,490 |
|
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