The jackpot for the MEGA Millions draw on Fri Dec 26, 2025, is projected to be $125 Million, with an option for a cash payout of $56.9 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 Washington, the bright side is you won't have to pay any state taxes on your lottery prize.
| Washington MEGA Millions Jackpot/Cash Option for Fri Dec 26, 2025 |
|---|
| Draw Date | Fri Dec 26, 2025 | | Projected Jackpot | $125,000,000 | | Cash Value | $56,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $56,900,000 | | Federal Tax(24%) | $13,656,000 | | Additional Federal Tax | $7,357,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $35,886,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,881,375 |
$656,439
$0 |
$1,224,936 |
| 2 |
$1,975,500 |
$691,265
$0 |
$1,284,235 |
| 3 |
$2,074,250 |
$727,803
$0 |
$1,346,447 |
| 4 |
$2,178,000 |
$766,190
$0 |
$1,411,810 |
| 5 |
$2,286,875 |
$806,474
$0 |
$1,480,401 |
| 6 |
$2,401,250 |
$848,793
$0 |
$1,552,457 |
| 7 |
$2,521,250 |
$893,193
$0 |
$1,628,057 |
| 8 |
$2,647,375 |
$939,859
$0 |
$1,707,516 |
| 9 |
$2,779,750 |
$988,838
$0 |
$1,790,912 |
| 10 |
$2,918,750 |
$1,040,268
$0 |
$1,878,482 |
| 11 |
$3,064,625 |
$1,094,242
$0 |
$1,970,383 |
| 12 |
$3,217,875 |
$1,150,944
$0 |
$2,066,931 |
| 13 |
$3,378,750 |
$1,210,468
$0 |
$2,168,282 |
| 14 |
$3,547,750 |
$1,272,998
$0 |
$2,274,752 |
| 15 |
$3,725,125 |
$1,338,627
$0 |
$2,386,498 |
| 16 |
$3,911,375 |
$1,407,539
$0 |
$2,503,836 |
| 17 |
$4,106,875 |
$1,479,874
$0 |
$2,627,001 |
| 18 |
$4,312,250 |
$1,555,863
$0 |
$2,756,387 |
| 19 |
$4,527,875 |
$1,635,644
$0 |
$2,892,231 |
| 20 |
$4,754,250 |
$1,719,403
$0 |
$3,034,847 |
| 21 |
$4,992,000 |
$1,807,370
$0 |
$3,184,630 |
| 22 |
$5,241,625 |
$1,899,732
$0 |
$3,341,893 |
| 23 |
$5,503,625 |
$1,996,672
$0 |
$3,506,953 |
| 24 |
$5,778,875 |
$2,098,514
$0 |
$3,680,361 |
| 25 |
$6,067,750 |
$2,205,398
$0 |
$3,862,352 |
| 26 |
$6,371,250 |
$2,317,693
$0 |
$4,053,557 |
| 27 |
$6,689,750 |
$2,435,538
$0 |
$4,254,212 |
| 28 |
$7,024,250 |
$2,559,303
$0 |
$4,464,947 |
| 29 |
$7,375,500 |
$2,689,265
$0 |
$4,686,235 |
| 30 |
$7,744,250 |
$2,825,703
$0 |
$4,918,547 |
|
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