The jackpot for the MEGA Millions draw on Fri Oct 10, 2025, is projected to be $575 Million, with an option for a cash payout of $264.6 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 Delaware, the bright side is you won't have to pay any state taxes on your lottery prize.
| Delaware MEGA Millions Jackpot/Cash Option for Fri Oct 10, 2025 |
|---|
| Draw Date | Fri Oct 10, 2025 | | Projected Jackpot | $575,000,000 | | Cash Value | $264,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $264,600,000 | | Federal Tax(24%) | $63,504,000 | | Additional Federal Tax | $34,358,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $166,737,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,654,325 |
$3,162,431
$0 |
$5,491,894 |
| 2 |
$9,087,300 |
$3,322,631
$0 |
$5,764,669 |
| 3 |
$9,541,550 |
$3,490,704
$0 |
$6,050,846 |
| 4 |
$10,018,800 |
$3,667,286
$0 |
$6,351,514 |
| 5 |
$10,519,625 |
$3,852,592
$0 |
$6,667,033 |
| 6 |
$11,045,750 |
$4,047,258
$0 |
$6,998,492 |
| 7 |
$11,597,750 |
$4,251,498
$0 |
$7,346,252 |
| 8 |
$12,177,925 |
$4,466,163
$0 |
$7,711,762 |
| 9 |
$12,786,850 |
$4,691,465
$0 |
$8,095,385 |
| 10 |
$13,426,250 |
$4,928,043
$0 |
$8,498,207 |
| 11 |
$14,097,275 |
$5,176,322
$0 |
$8,920,953 |
| 12 |
$14,802,225 |
$5,437,154
$0 |
$9,365,071 |
| 13 |
$15,542,250 |
$5,710,963
$0 |
$9,831,287 |
| 14 |
$16,319,650 |
$5,998,601
$0 |
$10,321,049 |
| 15 |
$17,135,575 |
$6,300,493
$0 |
$10,835,082 |
| 16 |
$17,992,325 |
$6,617,491
$0 |
$11,374,834 |
| 17 |
$18,891,625 |
$6,950,232
$0 |
$11,941,393 |
| 18 |
$19,836,350 |
$7,299,780
$0 |
$12,536,570 |
| 19 |
$20,828,225 |
$7,666,774
$0 |
$13,161,451 |
| 20 |
$21,869,550 |
$8,052,064
$0 |
$13,817,486 |
| 21 |
$22,963,200 |
$8,456,714
$0 |
$14,506,486 |
| 22 |
$24,111,475 |
$8,881,576
$0 |
$15,229,899 |
| 23 |
$25,316,675 |
$9,327,500
$0 |
$15,989,175 |
| 24 |
$26,582,825 |
$9,795,976
$0 |
$16,786,849 |
| 25 |
$27,911,650 |
$10,287,641
$0 |
$17,624,009 |
| 26 |
$29,307,750 |
$10,804,198
$0 |
$18,503,552 |
| 27 |
$30,772,850 |
$11,346,285
$0 |
$19,426,565 |
| 28 |
$32,311,550 |
$11,915,604
$0 |
$20,395,946 |
| 29 |
$33,927,300 |
$12,513,431
$0 |
$21,413,869 |
| 30 |
$35,623,550 |
$13,141,044
$0 |
$22,482,506 |
|
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