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 Minnesota residents, the state will deduct 7.25% from your lottery earnings.
| Minnesota 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(7.25%) | $4,589,250 | | Net Lumpsum Payment | $35,329,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,077,038 |
$728,834
$150,585 |
$1,197,619 |
| 2 |
$2,180,952 |
$767,283
$158,119 |
$1,255,550 |
| 3 |
$2,289,972 |
$807,620
$166,023 |
$1,316,329 |
| 4 |
$2,404,512 |
$850,000
$174,327 |
$1,380,185 |
| 5 |
$2,524,710 |
$894,473
$183,041 |
$1,447,196 |
| 6 |
$2,650,980 |
$941,193
$192,196 |
$1,517,591 |
| 7 |
$2,783,460 |
$990,211
$201,801 |
$1,591,448 |
| 8 |
$2,922,702 |
$1,041,730
$211,896 |
$1,669,076 |
| 9 |
$3,068,844 |
$1,095,803
$222,491 |
$1,750,550 |
| 10 |
$3,222,300 |
$1,152,581
$233,617 |
$1,836,102 |
| 11 |
$3,383,346 |
$1,212,168
$245,293 |
$1,925,885 |
| 12 |
$3,552,534 |
$1,274,768
$257,559 |
$2,020,207 |
| 13 |
$3,730,140 |
$1,340,482
$270,435 |
$2,119,223 |
| 14 |
$3,916,716 |
$1,409,515
$283,962 |
$2,223,239 |
| 15 |
$4,112,538 |
$1,481,969
$298,159 |
$2,332,410 |
| 16 |
$4,318,158 |
$1,558,049
$313,066 |
$2,447,043 |
| 17 |
$4,533,990 |
$1,637,907
$328,714 |
$2,567,369 |
| 18 |
$4,760,724 |
$1,721,798
$345,152 |
$2,693,774 |
| 19 |
$4,998,774 |
$1,809,877
$362,411 |
$2,826,486 |
| 20 |
$5,248,692 |
$1,902,346
$380,530 |
$2,965,816 |
| 21 |
$5,511,168 |
$1,999,463
$399,560 |
$3,112,145 |
| 22 |
$5,786,754 |
$2,101,429
$419,540 |
$3,265,785 |
| 23 |
$6,076,002 |
$2,208,451
$440,510 |
$3,427,041 |
| 24 |
$6,379,878 |
$2,320,885
$462,541 |
$3,596,452 |
| 25 |
$6,698,796 |
$2,438,885
$485,663 |
$3,774,248 |
| 26 |
$7,033,860 |
$2,562,859
$509,955 |
$3,961,046 |
| 27 |
$7,385,484 |
$2,692,959
$535,448 |
$4,157,077 |
| 28 |
$7,754,772 |
$2,829,596
$562,221 |
$4,362,955 |
| 29 |
$8,142,552 |
$2,973,075
$590,335 |
$4,579,142 |
| 30 |
$8,549,652 |
$3,123,702
$619,850 |
$4,806,100 |
|
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