Jackpot Analysis Montana Mega Millions

Jackpot Analysis for Montana Mega Millions
The jackpot for the MEGA Millions draw on Tue Jul 15, 2025, is projected to be $90 Million, with an option for a cash payout of $39.9 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 Montana residents, the state will deduct 6.75% from your lottery earnings.

Montana MEGA Millions Jackpot/Cash Option for Tue Jul 15, 2025
Draw DateTue Jul 15, 2025
Projected Jackpot$90,000,000
Cash Value$39,900,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$39,900,000
Federal Tax(24%)$9,576,000
Additional Federal Tax$5,147,330
State Tax(6.75%)$2,693,250
Net Lumpsum Payment$22,483,420
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $1,354,590 $461,529
$91,435
$801,626
2 $1,422,360 $486,604
$96,009
$839,747
3 $1,493,460 $512,911
$100,809
$879,740
4 $1,568,160 $540,550
$105,851
$921,759
5 $1,646,550 $569,554
$111,142
$965,854
6 $1,728,900 $600,023
$116,701
$1,012,176
7 $1,815,300 $631,991
$122,533
$1,060,776
8 $1,906,110 $665,591
$128,662
$1,111,857
9 $2,001,420 $700,856
$135,096
$1,165,468
10 $2,101,500 $737,885
$141,851
$1,221,764
11 $2,206,530 $776,746
$148,941
$1,280,843
12 $2,316,870 $817,572
$156,389
$1,342,909
13 $2,432,700 $860,429
$164,207
$1,408,064
14 $2,554,380 $905,451
$172,421
$1,476,508
15 $2,682,090 $952,704
$181,041
$1,548,345
16 $2,816,190 $1,002,321
$190,093
$1,623,776
17 $2,956,950 $1,054,402
$199,594
$1,702,954
18 $3,104,820 $1,109,114
$209,575
$1,786,131
19 $3,260,070 $1,166,556
$220,055
$1,873,459
20 $3,423,060 $1,226,863
$231,057
$1,965,140
21 $3,594,240 $1,290,199
$242,611
$2,061,430
22 $3,773,970 $1,356,699
$254,743
$2,162,528
23 $3,962,610 $1,426,496
$267,476
$2,268,638
24 $4,160,790 $1,499,823
$280,853
$2,380,114
25 $4,368,780 $1,576,779
$294,893
$2,497,108
26 $4,587,300 $1,657,631
$309,643
$2,620,026
27 $4,816,620 $1,742,480
$325,122
$2,749,018
28 $5,057,460 $1,831,591
$341,379
$2,884,490
29 $5,310,360 $1,925,164
$358,449
$3,026,747
30 $5,575,860 $2,023,399
$376,371
$3,176,090