The jackpot for the MEGA Millions draw on Fri Sep 19, 2025, is projected to be $423 Million, with an option for a cash payout of $196.5 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 Massachusetts residents, the state will deduct 5% from your lottery earnings.
| Massachusetts MEGA Millions Jackpot/Cash Option for Fri Sep 19, 2025 |
|---|
| Draw Date | Fri Sep 19, 2025 | | Projected Jackpot | $423,000,000 | | Cash Value | $196,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $196,500,000 | | Federal Tax(24%) | $47,160,000 | | Additional Federal Tax | $25,505,330 | | State Tax(5%) | $9,825,000 | | Net Lumpsum Payment | $114,009,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,366,573 |
$2,315,962
$318,329 |
$3,732,282 |
| 2 |
$6,685,092 |
$2,433,814
$334,255 |
$3,917,023 |
| 3 |
$7,019,262 |
$2,557,457
$350,963 |
$4,110,842 |
| 4 |
$7,370,352 |
$2,687,361
$368,518 |
$4,314,473 |
| 5 |
$7,738,785 |
$2,823,681
$386,939 |
$4,528,165 |
| 6 |
$8,125,830 |
$2,966,887
$406,292 |
$4,752,651 |
| 7 |
$8,531,910 |
$3,117,137
$426,596 |
$4,988,177 |
| 8 |
$8,958,717 |
$3,275,056
$447,936 |
$5,235,725 |
| 9 |
$9,406,674 |
$3,440,800
$470,334 |
$5,495,540 |
| 10 |
$9,877,050 |
$3,614,839
$493,853 |
$5,768,358 |
| 11 |
$10,370,691 |
$3,797,486
$518,535 |
$6,054,670 |
| 12 |
$10,889,289 |
$3,989,367
$544,464 |
$6,355,458 |
| 13 |
$11,433,690 |
$4,190,796
$571,685 |
$6,671,209 |
| 14 |
$12,005,586 |
$4,402,397
$600,279 |
$7,002,910 |
| 15 |
$12,605,823 |
$4,624,485
$630,291 |
$7,351,047 |
| 16 |
$13,236,093 |
$4,857,685
$661,805 |
$7,716,603 |
| 17 |
$13,897,665 |
$5,102,466
$694,883 |
$8,100,316 |
| 18 |
$14,592,654 |
$5,359,612
$729,633 |
$8,503,409 |
| 19 |
$15,322,329 |
$5,629,592
$766,116 |
$8,926,621 |
| 20 |
$16,088,382 |
$5,913,032
$804,419 |
$9,370,931 |
| 21 |
$16,892,928 |
$6,210,714
$844,646 |
$9,837,568 |
| 22 |
$17,737,659 |
$6,523,264
$886,883 |
$10,327,512 |
| 23 |
$18,624,267 |
$6,851,309
$931,213 |
$10,841,745 |
| 24 |
$19,555,713 |
$7,195,944
$977,786 |
$11,381,983 |
| 25 |
$20,533,266 |
$7,557,639
$1,026,663 |
$11,948,964 |
| 26 |
$21,560,310 |
$7,937,645
$1,078,016 |
$12,544,649 |
| 27 |
$22,638,114 |
$8,336,433
$1,131,906 |
$13,169,775 |
| 28 |
$23,770,062 |
$8,755,253
$1,188,503 |
$13,826,306 |
| 29 |
$24,958,692 |
$9,195,046
$1,247,935 |
$14,515,711 |
| 30 |
$26,206,542 |
$9,656,751
$1,310,327 |
$15,239,464 |
|
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