The jackpot for the MEGA Millions draw on Fri Nov 7, 2025, is projected to be $843 Million, with an option for a cash payout of $391.7 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho MEGA Millions Jackpot/Cash Option for Fri Nov 7, 2025 |
|---|
| Draw Date | Fri Nov 7, 2025 | | Projected Jackpot | $843,000,000 | | Cash Value | $391,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $391,700,000 | | Federal Tax(24%) | $94,008,000 | | Additional Federal Tax | $50,881,330 | | State Tax(5.8%) | $22,718,600 | | Net Lumpsum Payment | $224,092,070 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,687,993 |
$4,654,888
$735,904 |
$7,297,201 |
| 2 |
$13,322,772 |
$4,889,756
$772,721 |
$7,660,295 |
| 3 |
$13,988,742 |
$5,136,165
$811,347 |
$8,041,230 |
| 4 |
$14,688,432 |
$5,395,050
$851,929 |
$8,441,453 |
| 5 |
$15,422,685 |
$5,666,724
$894,516 |
$8,861,445 |
| 6 |
$16,194,030 |
$5,952,121
$939,254 |
$9,302,655 |
| 7 |
$17,003,310 |
$6,251,555
$986,192 |
$9,765,563 |
| 8 |
$17,853,897 |
$6,566,272
$1,035,526 |
$10,252,099 |
| 9 |
$18,746,634 |
$6,896,585
$1,087,305 |
$10,762,744 |
| 10 |
$19,684,050 |
$7,243,429
$1,141,675 |
$11,298,946 |
| 11 |
$20,667,831 |
$7,607,428
$1,198,734 |
$11,861,669 |
| 12 |
$21,701,349 |
$7,989,830
$1,258,678 |
$12,452,841 |
| 13 |
$22,786,290 |
$8,391,258
$1,321,605 |
$13,073,427 |
| 14 |
$23,926,026 |
$8,812,960
$1,387,710 |
$13,725,356 |
| 15 |
$25,122,243 |
$9,255,560
$1,457,090 |
$14,409,593 |
| 16 |
$26,378,313 |
$9,720,306
$1,529,942 |
$15,128,065 |
| 17 |
$27,696,765 |
$10,208,133
$1,606,412 |
$15,882,220 |
| 18 |
$29,081,814 |
$10,720,602
$1,686,745 |
$16,674,467 |
| 19 |
$30,535,989 |
$11,258,646
$1,771,087 |
$17,506,256 |
| 20 |
$32,062,662 |
$11,823,515
$1,859,634 |
$18,379,513 |
| 21 |
$33,666,048 |
$12,416,768
$1,952,631 |
$19,296,649 |
| 22 |
$35,349,519 |
$13,039,652
$2,050,272 |
$20,259,595 |
| 23 |
$37,116,447 |
$13,693,416
$2,152,754 |
$21,270,277 |
| 24 |
$38,972,733 |
$14,380,242
$2,260,419 |
$22,332,072 |
| 25 |
$40,920,906 |
$15,101,066
$2,373,413 |
$23,446,427 |
| 26 |
$42,967,710 |
$15,858,383
$2,492,127 |
$24,617,200 |
| 27 |
$45,115,674 |
$16,653,130
$2,616,709 |
$25,845,835 |
| 28 |
$47,371,542 |
$17,487,801
$2,747,549 |
$27,136,192 |
| 29 |
$49,740,372 |
$18,364,268
$2,884,942 |
$28,491,162 |
| 30 |
$52,227,222 |
$19,284,403
$3,029,179 |
$29,913,640 |
|
|
