The jackpot for the MEGA Millions draw on Tue Dec 23, 2025, is projected to be $100 Million, with an option for a cash payout of $45.5 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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana MEGA Millions Jackpot/Cash Option for Tue Dec 23, 2025 |
|---|
| Draw Date | Tue Dec 23, 2025 | | Projected Jackpot | $100,000,000 | | Cash Value | $45,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $45,500,000 | | Federal Tax(24%) | $10,920,000 | | Additional Federal Tax | $5,875,330 | | State Tax(6.75%) | $3,071,250 | | Net Lumpsum Payment | $25,633,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,505,100 |
$517,217
$101,594 |
$886,289 |
| 2 |
$1,580,400 |
$545,078
$106,677 |
$928,645 |
| 3 |
$1,659,400 |
$574,308
$112,010 |
$973,082 |
| 4 |
$1,742,400 |
$605,018
$117,612 |
$1,019,770 |
| 5 |
$1,829,500 |
$637,245
$123,491 |
$1,068,764 |
| 6 |
$1,921,000 |
$671,100
$129,668 |
$1,120,232 |
| 7 |
$2,017,000 |
$706,620
$136,148 |
$1,174,232 |
| 8 |
$2,117,900 |
$743,953
$142,958 |
$1,230,989 |
| 9 |
$2,223,800 |
$783,136
$150,107 |
$1,290,557 |
| 10 |
$2,335,000 |
$824,280
$157,613 |
$1,353,107 |
| 11 |
$2,451,700 |
$867,459
$165,490 |
$1,418,751 |
| 12 |
$2,574,300 |
$912,821
$173,765 |
$1,487,714 |
| 13 |
$2,703,000 |
$960,440
$182,453 |
$1,560,107 |
| 14 |
$2,838,200 |
$1,010,464
$191,579 |
$1,636,157 |
| 15 |
$2,980,100 |
$1,062,967
$201,157 |
$1,715,976 |
| 16 |
$3,129,100 |
$1,118,097
$211,214 |
$1,799,789 |
| 17 |
$3,285,500 |
$1,175,965
$221,771 |
$1,887,764 |
| 18 |
$3,449,800 |
$1,236,756
$232,862 |
$1,980,182 |
| 19 |
$3,622,300 |
$1,300,581
$244,505 |
$2,077,214 |
| 20 |
$3,803,400 |
$1,367,588
$256,730 |
$2,179,082 |
| 21 |
$3,993,600 |
$1,437,962
$269,568 |
$2,286,070 |
| 22 |
$4,193,300 |
$1,511,851
$283,048 |
$2,398,401 |
| 23 |
$4,402,900 |
$1,589,403
$297,196 |
$2,516,301 |
| 24 |
$4,623,100 |
$1,670,877
$312,059 |
$2,640,164 |
| 25 |
$4,854,200 |
$1,756,384
$327,659 |
$2,770,157 |
| 26 |
$5,097,000 |
$1,846,220
$344,048 |
$2,906,732 |
| 27 |
$5,351,800 |
$1,940,496
$361,247 |
$3,050,057 |
| 28 |
$5,619,400 |
$2,039,508
$379,310 |
$3,200,582 |
| 29 |
$5,900,400 |
$2,143,478
$398,277 |
$3,358,645 |
| 30 |
$6,195,400 |
$2,252,628
$418,190 |
$3,524,582 |
|
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