The jackpot for the MEGA Millions draw on Fri Jun 27, 2025, is projected to be $348 Million, with an option for a cash payout of $155.5 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 Jun 27, 2025 |
|---|
| Draw Date | Fri Jun 27, 2025 | | Projected Jackpot | $348,000,000 | | Cash Value | $155,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $155,500,000 | | Federal Tax(24%) | $37,320,000 | | Additional Federal Tax | $20,175,330 | | State Tax(10.75%) | $16,716,250 | | Net Lumpsum Payment | $81,288,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,237,748 |
$1,898,297
$563,058 |
$2,776,393 |
| 2 |
$5,499,792 |
$1,995,253
$591,228 |
$2,913,311 |
| 3 |
$5,774,712 |
$2,096,974
$620,782 |
$3,056,956 |
| 4 |
$6,063,552 |
$2,203,845
$651,832 |
$3,207,875 |
| 5 |
$6,366,660 |
$2,315,995
$684,416 |
$3,366,249 |
| 6 |
$6,685,080 |
$2,433,810
$718,646 |
$3,532,624 |
| 7 |
$7,019,160 |
$2,557,420
$754,560 |
$3,707,180 |
| 8 |
$7,370,292 |
$2,687,338
$792,306 |
$3,890,648 |
| 9 |
$7,738,824 |
$2,823,695
$831,924 |
$4,083,205 |
| 10 |
$8,125,800 |
$2,966,876
$873,524 |
$4,285,400 |
| 11 |
$8,531,916 |
$3,117,139
$917,181 |
$4,497,596 |
| 12 |
$8,958,564 |
$3,274,999
$963,046 |
$4,720,519 |
| 13 |
$9,406,440 |
$3,440,713
$1,011,192 |
$4,954,535 |
| 14 |
$9,876,936 |
$3,614,797
$1,061,771 |
$5,200,368 |
| 15 |
$10,370,748 |
$3,797,507
$1,114,855 |
$5,458,386 |
| 16 |
$10,889,268 |
$3,989,360
$1,170,596 |
$5,729,312 |
| 17 |
$11,433,540 |
$4,190,740
$1,229,106 |
$6,013,694 |
| 18 |
$12,005,304 |
$4,402,293
$1,290,570 |
$6,312,441 |
| 19 |
$12,605,604 |
$4,624,404
$1,355,102 |
$6,626,098 |
| 20 |
$13,235,832 |
$4,857,588
$1,422,852 |
$6,955,392 |
| 21 |
$13,897,728 |
$5,102,490
$1,494,006 |
$7,301,232 |
| 22 |
$14,592,684 |
$5,359,623
$1,568,714 |
$7,664,347 |
| 23 |
$15,322,092 |
$5,629,504
$1,647,125 |
$8,045,463 |
| 24 |
$16,088,388 |
$5,913,034
$1,729,502 |
$8,445,852 |
| 25 |
$16,892,616 |
$6,210,598
$1,815,956 |
$8,866,062 |
| 26 |
$17,737,560 |
$6,523,228
$1,906,788 |
$9,307,544 |
| 27 |
$18,624,264 |
$6,851,308
$2,002,108 |
$9,770,848 |
| 28 |
$19,555,512 |
$7,195,870
$2,102,218 |
$10,257,424 |
| 29 |
$20,533,392 |
$7,557,685
$2,207,340 |
$10,768,367 |
| 30 |
$21,559,992 |
$7,937,527
$2,317,699 |
$11,304,766 |
|
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