The jackpot for the MEGA Millions draw on Tue Dec 9, 2025, is projected to be $60 Million, with an option for a cash payout of $27.4 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 9, 2025 |
|---|
| Draw Date | Tue Dec 9, 2025 | | Projected Jackpot | $60,000,000 | | Cash Value | $27,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $27,400,000 | | Federal Tax(24%) | $6,576,000 | | Additional Federal Tax | $3,522,330 | | State Tax(7.25%) | $1,986,500 | | Net Lumpsum Payment | $15,315,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$903,060 |
$294,463
$65,472 |
$543,125 |
| 2 |
$948,240 |
$311,179
$68,747 |
$568,314 |
| 3 |
$995,640 |
$328,717
$72,184 |
$594,739 |
| 4 |
$1,045,440 |
$347,143
$75,794 |
$622,503 |
| 5 |
$1,097,700 |
$366,479
$79,583 |
$651,638 |
| 6 |
$1,152,600 |
$386,792
$83,564 |
$682,244 |
| 7 |
$1,210,200 |
$408,104
$87,740 |
$714,356 |
| 8 |
$1,270,740 |
$430,504
$92,129 |
$748,107 |
| 9 |
$1,334,280 |
$454,014
$96,735 |
$783,531 |
| 10 |
$1,401,000 |
$478,700
$101,573 |
$820,727 |
| 11 |
$1,471,020 |
$504,608
$106,649 |
$859,763 |
| 12 |
$1,544,580 |
$531,825
$111,982 |
$900,773 |
| 13 |
$1,621,800 |
$560,396
$117,581 |
$943,823 |
| 14 |
$1,702,920 |
$590,411
$123,462 |
$989,047 |
| 15 |
$1,788,060 |
$621,913
$129,634 |
$1,036,513 |
| 16 |
$1,877,460 |
$654,991
$136,116 |
$1,086,353 |
| 17 |
$1,971,300 |
$689,711
$142,919 |
$1,138,670 |
| 18 |
$2,069,880 |
$726,186
$150,066 |
$1,193,628 |
| 19 |
$2,173,380 |
$764,481
$157,570 |
$1,251,329 |
| 20 |
$2,282,040 |
$804,685
$165,448 |
$1,311,907 |
| 21 |
$2,396,160 |
$846,910
$173,722 |
$1,375,528 |
| 22 |
$2,515,980 |
$891,243
$182,409 |
$1,442,328 |
| 23 |
$2,641,740 |
$937,774
$191,526 |
$1,512,440 |
| 24 |
$2,773,860 |
$986,659
$201,105 |
$1,586,096 |
| 25 |
$2,912,520 |
$1,037,963
$211,158 |
$1,663,399 |
| 26 |
$3,058,200 |
$1,091,864
$221,720 |
$1,744,616 |
| 27 |
$3,211,080 |
$1,148,430
$232,803 |
$1,829,847 |
| 28 |
$3,371,640 |
$1,207,837
$244,444 |
$1,919,359 |
| 29 |
$3,540,240 |
$1,270,219
$256,667 |
$2,013,354 |
| 30 |
$3,717,240 |
$1,335,709
$269,500 |
$2,112,031 |
|
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