Jackpot Analysis Montana Mega Millions

Jackpot Analysis for Montana Mega Millions
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 Montana residents, the state will deduct 6.75% from your lottery earnings.

Montana MEGA Millions Jackpot/Cash Option for Fri Oct 17, 2025
Draw DateFri 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(6.75%)$19,494,000
Net Lumpsum Payment$162,489,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $9,406,875 $3,440,874
$634,964
$5,331,037
2 $9,877,500 $3,615,005
$666,731
$5,595,764
3 $10,371,250 $3,797,693
$700,059
$5,873,498
4 $10,890,000 $3,989,630
$735,075
$6,165,295
5 $11,434,375 $4,191,049
$771,820
$6,471,506
6 $12,006,250 $4,402,643
$810,422
$6,793,185
7 $12,606,250 $4,624,643
$850,922
$7,130,685
8 $13,236,875 $4,857,974
$893,489
$7,485,412
9 $13,898,750 $5,102,868
$938,166
$7,857,716
10 $14,593,750 $5,360,018
$985,078
$8,248,654
11 $15,323,125 $5,629,887
$1,034,311
$8,658,927
12 $16,089,375 $5,913,399
$1,086,033
$9,089,943
13 $16,893,750 $6,211,018
$1,140,328
$9,542,404
14 $17,738,750 $6,523,668
$1,197,366
$10,017,716
15 $18,625,625 $6,851,812
$1,257,230
$10,516,583
16 $19,556,875 $7,196,374
$1,320,089
$11,040,412
17 $20,534,375 $7,558,049
$1,386,070
$11,590,256
18 $21,561,250 $7,937,993
$1,455,384
$12,167,873
19 $22,639,375 $8,336,899
$1,528,158
$12,774,318
20 $23,771,250 $8,755,693
$1,604,559
$13,410,998
21 $24,960,000 $9,195,530
$1,684,800
$14,079,670
22 $26,208,125 $9,657,337
$1,769,048
$14,781,740
23 $27,518,125 $10,142,037
$1,857,473
$15,518,615
24 $28,894,375 $10,651,249
$1,950,370
$16,292,756
25 $30,338,750 $11,185,668
$2,047,866
$17,105,216
26 $31,856,250 $11,747,143
$2,150,297
$17,958,810
27 $33,448,750 $12,336,368
$2,257,791
$18,854,591
28 $35,121,250 $12,955,193
$2,370,684
$19,795,373
29 $36,877,500 $13,605,005
$2,489,231
$20,783,264
30 $38,721,250 $14,287,193
$2,613,684
$21,820,373