The jackpot for the MEGA Millions draw on Tue Dec 30, 2025, is projected to be $138 Million, with an option for a cash payout of $63.3 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 Tue Dec 30, 2025 |
|---|
| Draw Date | Tue Dec 30, 2025 | | Projected Jackpot | $138,000,000 | | Cash Value | $63,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $63,300,000 | | Federal Tax(24%) | $15,192,000 | | Additional Federal Tax | $8,189,330 | | State Tax(8.95%) | $5,665,350 | | Net Lumpsum Payment | $34,253,320 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,077,038 |
$728,834
$185,895 |
$1,162,309 |
| 2 |
$2,180,952 |
$767,283
$195,195 |
$1,218,474 |
| 3 |
$2,289,972 |
$807,620
$204,952 |
$1,277,400 |
| 4 |
$2,404,512 |
$850,000
$215,204 |
$1,339,308 |
| 5 |
$2,524,710 |
$894,473
$225,962 |
$1,404,275 |
| 6 |
$2,650,980 |
$941,193
$237,263 |
$1,472,524 |
| 7 |
$2,783,460 |
$990,211
$249,120 |
$1,544,129 |
| 8 |
$2,922,702 |
$1,041,730
$261,582 |
$1,619,390 |
| 9 |
$3,068,844 |
$1,095,803
$274,662 |
$1,698,379 |
| 10 |
$3,222,300 |
$1,152,581
$288,396 |
$1,781,323 |
| 11 |
$3,383,346 |
$1,212,168
$302,809 |
$1,868,369 |
| 12 |
$3,552,534 |
$1,274,768
$317,952 |
$1,959,814 |
| 13 |
$3,730,140 |
$1,340,482
$333,848 |
$2,055,810 |
| 14 |
$3,916,716 |
$1,409,515
$350,546 |
$2,156,655 |
| 15 |
$4,112,538 |
$1,481,969
$368,072 |
$2,262,497 |
| 16 |
$4,318,158 |
$1,558,049
$386,475 |
$2,373,634 |
| 17 |
$4,533,990 |
$1,637,907
$405,792 |
$2,490,291 |
| 18 |
$4,760,724 |
$1,721,798
$426,085 |
$2,612,841 |
| 19 |
$4,998,774 |
$1,809,877
$447,390 |
$2,741,507 |
| 20 |
$5,248,692 |
$1,902,346
$469,758 |
$2,876,588 |
| 21 |
$5,511,168 |
$1,999,463
$493,250 |
$3,018,455 |
| 22 |
$5,786,754 |
$2,101,429
$517,914 |
$3,167,411 |
| 23 |
$6,076,002 |
$2,208,451
$543,802 |
$3,323,749 |
| 24 |
$6,379,878 |
$2,320,885
$570,999 |
$3,487,994 |
| 25 |
$6,698,796 |
$2,438,885
$599,542 |
$3,660,369 |
| 26 |
$7,033,860 |
$2,562,859
$629,530 |
$3,841,471 |
| 27 |
$7,385,484 |
$2,692,959
$661,001 |
$4,031,524 |
| 28 |
$7,754,772 |
$2,829,596
$694,052 |
$4,231,124 |
| 29 |
$8,142,552 |
$2,973,075
$728,758 |
$4,440,719 |
| 30 |
$8,549,652 |
$3,123,702
$765,194 |
$4,660,756 |
|
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