The jackpot for the MEGA Millions draw on Fri Dec 26, 2025, is projected to be $125 Million, with an option for a cash payout of $56.9 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 Maine residents, the state will deduct 5% from your lottery earnings.
| Maine MEGA Millions Jackpot/Cash Option for Fri Dec 26, 2025 |
|---|
| Draw Date | Fri Dec 26, 2025 | | Projected Jackpot | $125,000,000 | | Cash Value | $56,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $56,900,000 | | Federal Tax(24%) | $13,656,000 | | Additional Federal Tax | $7,357,330 | | State Tax(5%) | $2,845,000 | | Net Lumpsum Payment | $33,041,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,881,375 |
$656,439 $94,069 |
$1,130,867 |
| 2 |
$1,975,500 |
$691,265 $98,775 |
$1,185,460 |
| 3 |
$2,074,250 |
$727,803 $103,713 |
$1,242,734 |
| 4 |
$2,178,000 |
$766,190 $108,900 |
$1,302,910 |
| 5 |
$2,286,875 |
$806,474 $114,344 |
$1,366,057 |
| 6 |
$2,401,250 |
$848,793 $120,063 |
$1,432,394 |
| 7 |
$2,521,250 |
$893,193 $126,063 |
$1,501,994 |
| 8 |
$2,647,375 |
$939,859 $132,369 |
$1,575,147 |
| 9 |
$2,779,750 |
$988,838 $138,988 |
$1,651,924 |
| 10 |
$2,918,750 |
$1,040,268 $145,938 |
$1,732,544 |
| 11 |
$3,064,625 |
$1,094,242 $153,231 |
$1,817,152 |
| 12 |
$3,217,875 |
$1,150,944 $160,894 |
$1,906,037 |
| 13 |
$3,378,750 |
$1,210,468 $168,938 |
$1,999,344 |
| 14 |
$3,547,750 |
$1,272,998 $177,388 |
$2,097,364 |
| 15 |
$3,725,125 |
$1,338,627 $186,256 |
$2,200,242 |
| 16 |
$3,911,375 |
$1,407,539 $195,569 |
$2,308,267 |
| 17 |
$4,106,875 |
$1,479,874 $205,344 |
$2,421,657 |
| 18 |
$4,312,250 |
$1,555,863 $215,613 |
$2,540,774 |
| 19 |
$4,527,875 |
$1,635,644 $226,394 |
$2,665,837 |
| 20 |
$4,754,250 |
$1,719,403 $237,713 |
$2,797,134 |
| 21 |
$4,992,000 |
$1,807,370 $249,600 |
$2,935,030 |
| 22 |
$5,241,625 |
$1,899,732 $262,081 |
$3,079,812 |
| 23 |
$5,503,625 |
$1,996,672 $275,181 |
$3,231,772 |
| 24 |
$5,778,875 |
$2,098,514 $288,944 |
$3,391,417 |
| 25 |
$6,067,750 |
$2,205,398 $303,388 |
$3,558,964 |
| 26 |
$6,371,250 |
$2,317,693 $318,563 |
$3,734,994 |
| 27 |
$6,689,750 |
$2,435,538 $334,488 |
$3,919,724 |
| 28 |
$7,024,250 |
$2,559,303 $351,213 |
$4,113,734 |
| 29 |
$7,375,500 |
$2,689,265 $368,775 |
$4,317,460 |
| 30 |
$7,744,250 |
$2,825,703 $387,213 |
$4,531,334 |
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