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 Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland 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(8.95%) | $17,586,750 | | Net Lumpsum Payment | $106,247,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,366,573 |
$2,315,962
$569,808 |
$3,480,803 |
| 2 |
$6,685,092 |
$2,433,814
$598,316 |
$3,652,962 |
| 3 |
$7,019,262 |
$2,557,457
$628,224 |
$3,833,581 |
| 4 |
$7,370,352 |
$2,687,361
$659,647 |
$4,023,344 |
| 5 |
$7,738,785 |
$2,823,681
$692,621 |
$4,222,483 |
| 6 |
$8,125,830 |
$2,966,887
$727,262 |
$4,431,681 |
| 7 |
$8,531,910 |
$3,117,137
$763,606 |
$4,651,167 |
| 8 |
$8,958,717 |
$3,275,056
$801,805 |
$4,881,856 |
| 9 |
$9,406,674 |
$3,440,800
$841,897 |
$5,123,977 |
| 10 |
$9,877,050 |
$3,614,839
$883,996 |
$5,378,215 |
| 11 |
$10,370,691 |
$3,797,486
$928,177 |
$5,645,028 |
| 12 |
$10,889,289 |
$3,989,367
$974,591 |
$5,925,331 |
| 13 |
$11,433,690 |
$4,190,796
$1,023,315 |
$6,219,579 |
| 14 |
$12,005,586 |
$4,402,397
$1,074,500 |
$6,528,689 |
| 15 |
$12,605,823 |
$4,624,485
$1,128,221 |
$6,853,117 |
| 16 |
$13,236,093 |
$4,857,685
$1,184,630 |
$7,193,778 |
| 17 |
$13,897,665 |
$5,102,466
$1,243,841 |
$7,551,358 |
| 18 |
$14,592,654 |
$5,359,612
$1,306,043 |
$7,926,999 |
| 19 |
$15,322,329 |
$5,629,592
$1,371,348 |
$8,321,389 |
| 20 |
$16,088,382 |
$5,913,032
$1,439,910 |
$8,735,440 |
| 21 |
$16,892,928 |
$6,210,714
$1,511,917 |
$9,170,297 |
| 22 |
$17,737,659 |
$6,523,264
$1,587,520 |
$9,626,875 |
| 23 |
$18,624,267 |
$6,851,309
$1,666,872 |
$10,106,086 |
| 24 |
$19,555,713 |
$7,195,944
$1,750,236 |
$10,609,533 |
| 25 |
$20,533,266 |
$7,557,639
$1,837,727 |
$11,137,900 |
| 26 |
$21,560,310 |
$7,937,645
$1,929,648 |
$11,693,017 |
| 27 |
$22,638,114 |
$8,336,433
$2,026,111 |
$12,275,570 |
| 28 |
$23,770,062 |
$8,755,253
$2,127,421 |
$12,887,388 |
| 29 |
$24,958,692 |
$9,195,046
$2,233,803 |
$13,529,843 |
| 30 |
$26,206,542 |
$9,656,751
$2,345,486 |
$14,204,305 |
|
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