Jackpot Analysis Washington Mega Millions

Jackpot Analysis for Washington Mega Millions
The jackpot for the MEGA Millions draw on Fri Nov 14, 2025, is projected to be $965 Million, with an option for a cash payout of $445.3 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 those living in Washington, the bright side is you won't have to pay any state taxes on your lottery prize.

Washington MEGA Millions Jackpot/Cash Option for Fri Nov 14, 2025
Draw DateFri Nov 14, 2025
Projected Jackpot$965,000,000
Cash Value$445,300,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$445,300,000
Federal Tax(24%)$106,872,000
Additional Federal Tax$57,849,330
State Tax(0%)$0
Net Lumpsum Payment$280,578,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $14,524,215 $5,334,290
$0
$9,189,925
2 $15,250,860 $5,603,149
$0
$9,647,711
3 $16,013,210 $5,885,218
$0
$10,127,992
4 $16,814,160 $6,181,570
$0
$10,632,590
5 $17,654,675 $6,492,560
$0
$11,162,115
6 $18,537,650 $6,819,261
$0
$11,718,389
7 $19,464,050 $7,162,029
$0
$12,302,021
8 $20,437,735 $7,522,292
$0
$12,915,443
9 $21,459,670 $7,900,408
$0
$13,559,262
10 $22,532,750 $8,297,448
$0
$14,235,302
11 $23,658,905 $8,714,125
$0
$14,944,780
12 $24,841,995 $9,151,869
$0
$15,690,126
13 $26,083,950 $9,611,392
$0
$16,472,558
14 $27,388,630 $10,094,123
$0
$17,294,507
15 $28,757,965 $10,600,777
$0
$18,157,188
16 $30,195,815 $11,132,782
$0
$19,063,033
17 $31,705,075 $11,691,208
$0
$20,013,867
18 $33,290,570 $12,277,841
$0
$21,012,729
19 $34,955,195 $12,893,753
$0
$22,061,442
20 $36,702,810 $13,540,370
$0
$23,162,440
21 $38,538,240 $14,219,479
$0
$24,318,761
22 $40,465,345 $14,932,508
$0
$25,532,837
23 $42,487,985 $15,680,885
$0
$26,807,100
24 $44,612,915 $16,467,109
$0
$28,145,806
25 $46,843,030 $17,292,251
$0
$29,550,779
26 $49,186,050 $18,159,169
$0
$31,026,881
27 $51,644,870 $19,068,932
$0
$32,575,938
28 $54,227,210 $20,024,398
$0
$34,202,812
29 $56,938,860 $21,027,709
$0
$35,911,151
30 $59,785,610 $22,081,006
$0
$37,704,604