The jackpot for the MEGA Millions draw on Fri Jun 6, 2025, is projected to be $223 Million, with an option for a cash payout of $99.4 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 those living in Delaware, the bright side is you won't have to pay any state taxes on your lottery prize.
| Delaware MEGA Millions Jackpot/Cash Option for Fri Jun 6, 2025 |
|---|
| Draw Date | Fri Jun 6, 2025 | | Projected Jackpot | $223,000,000 | | Cash Value | $99,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $99,400,000 | | Federal Tax(24%) | $23,856,000 | | Additional Federal Tax | $12,882,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $62,661,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,356,373 |
$1,202,188
$0 |
$2,154,185 |
| 2 |
$3,524,292 |
$1,264,318
$0 |
$2,259,974 |
| 3 |
$3,700,462 |
$1,329,501
$0 |
$2,370,961 |
| 4 |
$3,885,552 |
$1,397,985
$0 |
$2,487,567 |
| 5 |
$4,079,785 |
$1,469,851
$0 |
$2,609,934 |
| 6 |
$4,283,830 |
$1,545,347
$0 |
$2,738,483 |
| 7 |
$4,497,910 |
$1,624,557
$0 |
$2,873,353 |
| 8 |
$4,722,917 |
$1,707,810
$0 |
$3,015,107 |
| 9 |
$4,959,074 |
$1,795,188
$0 |
$3,163,886 |
| 10 |
$5,207,050 |
$1,886,939
$0 |
$3,320,111 |
| 11 |
$5,467,291 |
$1,983,228
$0 |
$3,484,063 |
| 12 |
$5,740,689 |
$2,084,385
$0 |
$3,656,304 |
| 13 |
$6,027,690 |
$2,190,576
$0 |
$3,837,114 |
| 14 |
$6,329,186 |
$2,302,129
$0 |
$4,027,057 |
| 15 |
$6,645,623 |
$2,419,211
$0 |
$4,226,412 |
| 16 |
$6,977,893 |
$2,542,151
$0 |
$4,435,742 |
| 17 |
$7,326,665 |
$2,671,196
$0 |
$4,655,469 |
| 18 |
$7,693,054 |
$2,806,760
$0 |
$4,886,294 |
| 19 |
$8,077,729 |
$2,949,090
$0 |
$5,128,639 |
| 20 |
$8,481,582 |
$3,098,516
$0 |
$5,383,066 |
| 21 |
$8,905,728 |
$3,255,450
$0 |
$5,650,278 |
| 22 |
$9,351,059 |
$3,420,222
$0 |
$5,930,837 |
| 23 |
$9,818,467 |
$3,593,163
$0 |
$6,225,304 |
| 24 |
$10,309,513 |
$3,774,850
$0 |
$6,534,663 |
| 25 |
$10,824,866 |
$3,965,531
$0 |
$6,859,335 |
| 26 |
$11,366,310 |
$4,165,865
$0 |
$7,200,445 |
| 27 |
$11,934,514 |
$4,376,101
$0 |
$7,558,413 |
| 28 |
$12,531,262 |
$4,596,897
$0 |
$7,934,365 |
| 29 |
$13,157,892 |
$4,828,750
$0 |
$8,329,142 |
| 30 |
$13,815,742 |
$5,072,155
$0 |
$8,743,587 |
|
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