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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
Washington DC MEGA Millions Jackpot/Cash Option for Fri Sep 19, 2025 |
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Draw Date | Fri Sep 19, 2025 | Projected Jackpot | $423,000,000 | Cash Value | $196,500,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $196,500,000 | Federal Tax(24%) | $47,160,000 | Additional Federal Tax | $25,505,330 | State Tax(10.75%) | $21,123,750 | Net Lumpsum Payment | $102,710,920 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$6,366,573 |
$2,315,962 $684,407 |
$3,366,204 |
2 |
$6,685,092 |
$2,433,814 $718,647 |
$3,532,631 |
3 |
$7,019,262 |
$2,557,457 $754,571 |
$3,707,234 |
4 |
$7,370,352 |
$2,687,361 $792,313 |
$3,890,678 |
5 |
$7,738,785 |
$2,823,681 $831,919 |
$4,083,185 |
6 |
$8,125,830 |
$2,966,887 $873,527 |
$4,285,416 |
7 |
$8,531,910 |
$3,117,137 $917,180 |
$4,497,593 |
8 |
$8,958,717 |
$3,275,056 $963,062 |
$4,720,599 |
9 |
$9,406,674 |
$3,440,800 $1,011,217 |
$4,954,657 |
10 |
$9,877,050 |
$3,614,839 $1,061,783 |
$5,200,428 |
11 |
$10,370,691 |
$3,797,486 $1,114,849 |
$5,458,356 |
12 |
$10,889,289 |
$3,989,367 $1,170,599 |
$5,729,323 |
13 |
$11,433,690 |
$4,190,796 $1,229,122 |
$6,013,772 |
14 |
$12,005,586 |
$4,402,397 $1,290,600 |
$6,312,589 |
15 |
$12,605,823 |
$4,624,485 $1,355,126 |
$6,626,212 |
16 |
$13,236,093 |
$4,857,685 $1,422,880 |
$6,955,528 |
17 |
$13,897,665 |
$5,102,466 $1,493,999 |
$7,301,200 |
18 |
$14,592,654 |
$5,359,612 $1,568,710 |
$7,664,332 |
19 |
$15,322,329 |
$5,629,592 $1,647,150 |
$8,045,587 |
20 |
$16,088,382 |
$5,913,032 $1,729,501 |
$8,445,849 |
21 |
$16,892,928 |
$6,210,714 $1,815,990 |
$8,866,224 |
22 |
$17,737,659 |
$6,523,264 $1,906,798 |
$9,307,597 |
23 |
$18,624,267 |
$6,851,309 $2,002,109 |
$9,770,849 |
24 |
$19,555,713 |
$7,195,944 $2,102,239 |
$10,257,530 |
25 |
$20,533,266 |
$7,557,639 $2,207,326 |
$10,768,301 |
26 |
$21,560,310 |
$7,937,645 $2,317,733 |
$11,304,932 |
27 |
$22,638,114 |
$8,336,433 $2,433,597 |
$11,868,084 |
28 |
$23,770,062 |
$8,755,253 $2,555,282 |
$12,459,527 |
29 |
$24,958,692 |
$9,195,046 $2,683,059 |
$13,080,587 |
30 |
$26,206,542 |
$9,656,751 $2,817,203 |
$13,732,588 |
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