The jackpot for the MEGA Millions draw on Fri Oct 17, 2025, is projected to be $625 Million, with an option for a cash payout of $288.8 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC MEGA Millions Jackpot/Cash Option for Fri Oct 17, 2025 |
|---|
| Draw Date | Fri Oct 17, 2025 | | Projected Jackpot | $625,000,000 | | Cash Value | $288,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $288,800,000 | | Federal Tax(24%) | $69,312,000 | | Additional Federal Tax | $37,504,330 | | State Tax(10.75%) | $31,046,000 | | Net Lumpsum Payment | $150,937,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,406,875 |
$3,440,874
$1,011,239 |
$4,954,762 |
| 2 |
$9,877,500 |
$3,615,005
$1,061,831 |
$5,200,664 |
| 3 |
$10,371,250 |
$3,797,693
$1,114,909 |
$5,458,648 |
| 4 |
$10,890,000 |
$3,989,630
$1,170,675 |
$5,729,695 |
| 5 |
$11,434,375 |
$4,191,049
$1,229,195 |
$6,014,131 |
| 6 |
$12,006,250 |
$4,402,643
$1,290,672 |
$6,312,935 |
| 7 |
$12,606,250 |
$4,624,643
$1,355,172 |
$6,626,435 |
| 8 |
$13,236,875 |
$4,857,974
$1,422,964 |
$6,955,937 |
| 9 |
$13,898,750 |
$5,102,868
$1,494,116 |
$7,301,766 |
| 10 |
$14,593,750 |
$5,360,018
$1,568,828 |
$7,664,904 |
| 11 |
$15,323,125 |
$5,629,887
$1,647,236 |
$8,046,002 |
| 12 |
$16,089,375 |
$5,913,399
$1,729,608 |
$8,446,368 |
| 13 |
$16,893,750 |
$6,211,018
$1,816,078 |
$8,866,654 |
| 14 |
$17,738,750 |
$6,523,668
$1,906,916 |
$9,308,166 |
| 15 |
$18,625,625 |
$6,851,812
$2,002,255 |
$9,771,558 |
| 16 |
$19,556,875 |
$7,196,374
$2,102,364 |
$10,258,137 |
| 17 |
$20,534,375 |
$7,558,049
$2,207,445 |
$10,768,881 |
| 18 |
$21,561,250 |
$7,937,993
$2,317,834 |
$11,305,423 |
| 19 |
$22,639,375 |
$8,336,899
$2,433,733 |
$11,868,743 |
| 20 |
$23,771,250 |
$8,755,693
$2,555,409 |
$12,460,148 |
| 21 |
$24,960,000 |
$9,195,530
$2,683,200 |
$13,081,270 |
| 22 |
$26,208,125 |
$9,657,337
$2,817,373 |
$13,733,415 |
| 23 |
$27,518,125 |
$10,142,037
$2,958,198 |
$14,417,890 |
| 24 |
$28,894,375 |
$10,651,249
$3,106,145 |
$15,136,981 |
| 25 |
$30,338,750 |
$11,185,668
$3,261,416 |
$15,891,666 |
| 26 |
$31,856,250 |
$11,747,143
$3,424,547 |
$16,684,560 |
| 27 |
$33,448,750 |
$12,336,368
$3,595,741 |
$17,516,641 |
| 28 |
$35,121,250 |
$12,955,193
$3,775,534 |
$18,390,523 |
| 29 |
$36,877,500 |
$13,605,005
$3,964,331 |
$19,308,164 |
| 30 |
$38,721,250 |
$14,287,193
$4,162,534 |
$20,271,523 |
|
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