The jackpot for the MEGA Millions draw on Tue Dec 2, 2025, is projected to be $90 Million, with an option for a cash payout of $41.9 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 2, 2025 |
|---|
| Draw Date | Tue Dec 2, 2025 | | Projected Jackpot | $90,000,000 | | Cash Value | $41,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $41,900,000 | | Federal Tax(24%) | $10,056,000 | | Additional Federal Tax | $5,407,330 | | State Tax(8.95%) | $3,750,050 | | Net Lumpsum Payment | $22,686,620 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,354,590 |
$461,529 $121,236 |
$771,825 |
| 2 |
$1,422,360 |
$486,604 $127,301 |
$808,455 |
| 3 |
$1,493,460 |
$512,911 $133,665 |
$846,884 |
| 4 |
$1,568,160 |
$540,550 $140,350 |
$887,260 |
| 5 |
$1,646,550 |
$569,554 $147,366 |
$929,630 |
| 6 |
$1,728,900 |
$600,023 $154,737 |
$974,140 |
| 7 |
$1,815,300 |
$631,991 $162,469 |
$1,020,840 |
| 8 |
$1,906,110 |
$665,591 $170,597 |
$1,069,922 |
| 9 |
$2,001,420 |
$700,856 $179,127 |
$1,121,437 |
| 10 |
$2,101,500 |
$737,885 $188,084 |
$1,175,531 |
| 11 |
$2,206,530 |
$776,746 $197,484 |
$1,232,300 |
| 12 |
$2,316,870 |
$817,572 $207,360 |
$1,291,938 |
| 13 |
$2,432,700 |
$860,429 $217,727 |
$1,354,544 |
| 14 |
$2,554,380 |
$905,451 $228,617 |
$1,420,312 |
| 15 |
$2,682,090 |
$952,704 $240,047 |
$1,489,339 |
| 16 |
$2,816,190 |
$1,002,321 $252,049 |
$1,561,820 |
| 17 |
$2,956,950 |
$1,054,402 $264,647 |
$1,637,901 |
| 18 |
$3,104,820 |
$1,109,114 $277,881 |
$1,717,825 |
| 19 |
$3,260,070 |
$1,166,556 $291,776 |
$1,801,738 |
| 20 |
$3,423,060 |
$1,226,863 $306,364 |
$1,889,833 |
| 21 |
$3,594,240 |
$1,290,199 $321,684 |
$1,982,357 |
| 22 |
$3,773,970 |
$1,356,699 $337,770 |
$2,079,501 |
| 23 |
$3,962,610 |
$1,426,496 $354,654 |
$2,181,460 |
| 24 |
$4,160,790 |
$1,499,823 $372,391 |
$2,288,576 |
| 25 |
$4,368,780 |
$1,576,779 $391,006 |
$2,400,995 |
| 26 |
$4,587,300 |
$1,657,631 $410,563 |
$2,519,106 |
| 27 |
$4,816,620 |
$1,742,480 $431,087 |
$2,643,053 |
| 28 |
$5,057,460 |
$1,831,591 $452,643 |
$2,773,226 |
| 29 |
$5,310,360 |
$1,925,164 $475,277 |
$2,909,919 |
| 30 |
$5,575,860 |
$2,023,399 $499,039 |
$3,053,422 |
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