The jackpot for the MEGA Millions draw on Fri Dec 5, 2025, is projected to be $50 Million, with an option for a cash payout of $23.3 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho MEGA Millions Jackpot/Cash Option for Fri Dec 5, 2025 |
|---|
| Draw Date | Fri Dec 5, 2025 | | Projected Jackpot | $50,000,000 | | Cash Value | $23,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $23,300,000 | | Federal Tax(24%) | $5,592,000 | | Additional Federal Tax | $2,989,330 | | State Tax(5.8%) | $1,351,400 | | Net Lumpsum Payment | $13,367,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$752,550 |
$238,774
$43,648 |
$470,128 |
| 2 |
$790,200 |
$252,704
$45,832 |
$491,664 |
| 3 |
$829,700 |
$267,319
$48,123 |
$514,258 |
| 4 |
$871,200 |
$282,674
$50,530 |
$537,996 |
| 5 |
$914,750 |
$298,788
$53,056 |
$562,906 |
| 6 |
$960,500 |
$315,715
$55,709 |
$589,076 |
| 7 |
$1,008,500 |
$333,475
$58,493 |
$616,532 |
| 8 |
$1,058,950 |
$352,142
$61,419 |
$645,389 |
| 9 |
$1,111,900 |
$371,733
$64,490 |
$675,677 |
| 10 |
$1,167,500 |
$392,305
$67,715 |
$707,480 |
| 11 |
$1,225,850 |
$413,895
$71,099 |
$740,856 |
| 12 |
$1,287,150 |
$436,576
$74,655 |
$775,919 |
| 13 |
$1,351,500 |
$460,385
$78,387 |
$812,728 |
| 14 |
$1,419,100 |
$485,397
$82,308 |
$851,395 |
| 15 |
$1,490,050 |
$511,649
$86,423 |
$891,978 |
| 16 |
$1,564,550 |
$539,214
$90,744 |
$934,592 |
| 17 |
$1,642,750 |
$568,148
$95,280 |
$979,322 |
| 18 |
$1,724,900 |
$598,543
$100,044 |
$1,026,313 |
| 19 |
$1,811,150 |
$630,456
$105,047 |
$1,075,647 |
| 20 |
$1,901,700 |
$663,959
$110,299 |
$1,127,442 |
| 21 |
$1,996,800 |
$699,146
$115,814 |
$1,181,840 |
| 22 |
$2,096,650 |
$736,091
$121,606 |
$1,238,953 |
| 23 |
$2,201,450 |
$774,867
$127,684 |
$1,298,899 |
| 24 |
$2,311,550 |
$815,604
$134,070 |
$1,361,876 |
| 25 |
$2,427,100 |
$858,357
$140,772 |
$1,427,971 |
| 26 |
$2,548,500 |
$903,275
$147,813 |
$1,497,412 |
| 27 |
$2,675,900 |
$950,413
$155,202 |
$1,570,285 |
| 28 |
$2,809,700 |
$999,919
$162,963 |
$1,646,818 |
| 29 |
$2,950,200 |
$1,051,904
$171,112 |
$1,727,184 |
| 30 |
$3,097,700 |
$1,106,479
$179,667 |
$1,811,554 |
|
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