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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho 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(5.8%) | $15,346,800 | | Net Lumpsum Payment | $151,390,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,654,325 |
$3,162,431
$501,951 |
$4,989,943 |
| 2 |
$9,087,300 |
$3,322,631
$527,063 |
$5,237,606 |
| 3 |
$9,541,550 |
$3,490,704
$553,410 |
$5,497,436 |
| 4 |
$10,018,800 |
$3,667,286
$581,090 |
$5,770,424 |
| 5 |
$10,519,625 |
$3,852,592
$610,138 |
$6,056,895 |
| 6 |
$11,045,750 |
$4,047,258
$640,654 |
$6,357,838 |
| 7 |
$11,597,750 |
$4,251,498
$672,670 |
$6,673,582 |
| 8 |
$12,177,925 |
$4,466,163
$706,320 |
$7,005,442 |
| 9 |
$12,786,850 |
$4,691,465
$741,637 |
$7,353,748 |
| 10 |
$13,426,250 |
$4,928,043
$778,723 |
$7,719,484 |
| 11 |
$14,097,275 |
$5,176,322
$817,642 |
$8,103,311 |
| 12 |
$14,802,225 |
$5,437,154
$858,529 |
$8,506,542 |
| 13 |
$15,542,250 |
$5,710,963
$901,451 |
$8,929,836 |
| 14 |
$16,319,650 |
$5,998,601
$946,540 |
$9,374,509 |
| 15 |
$17,135,575 |
$6,300,493
$993,863 |
$9,841,219 |
| 16 |
$17,992,325 |
$6,617,491
$1,043,555 |
$10,331,279 |
| 17 |
$18,891,625 |
$6,950,232
$1,095,714 |
$10,845,679 |
| 18 |
$19,836,350 |
$7,299,780
$1,150,508 |
$11,386,062 |
| 19 |
$20,828,225 |
$7,666,774
$1,208,037 |
$11,953,414 |
| 20 |
$21,869,550 |
$8,052,064
$1,268,434 |
$12,549,052 |
| 21 |
$22,963,200 |
$8,456,714
$1,331,866 |
$13,174,620 |
| 22 |
$24,111,475 |
$8,881,576
$1,398,466 |
$13,831,433 |
| 23 |
$25,316,675 |
$9,327,500
$1,468,367 |
$14,520,808 |
| 24 |
$26,582,825 |
$9,795,976
$1,541,804 |
$15,245,045 |
| 25 |
$27,911,650 |
$10,287,641
$1,618,876 |
$16,005,133 |
| 26 |
$29,307,750 |
$10,804,198
$1,699,850 |
$16,803,702 |
| 27 |
$30,772,850 |
$11,346,285
$1,784,825 |
$17,641,740 |
| 28 |
$32,311,550 |
$11,915,604
$1,874,070 |
$18,521,876 |
| 29 |
$33,927,300 |
$12,513,431
$1,967,783 |
$19,446,086 |
| 30 |
$35,623,550 |
$13,141,044
$2,066,166 |
$20,416,340 |
|
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