The jackpot for the MEGA Millions draw on Fri Oct 31, 2025, is projected to be $754 Million, with an option for a cash payout of $352.8 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 31, 2025 |
|---|
| Draw Date | Fri Oct 31, 2025 | | Projected Jackpot | $754,000,000 | | Cash Value | $352,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $352,800,000 | | Federal Tax(24%) | $84,672,000 | | Additional Federal Tax | $45,824,330 | | State Tax(5.8%) | $20,462,400 | | Net Lumpsum Payment | $201,841,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$11,348,454 |
$4,159,258
$658,210 |
$6,530,986 |
| 2 |
$11,916,216 |
$4,369,330
$691,141 |
$6,855,745 |
| 3 |
$12,511,876 |
$4,589,725
$725,689 |
$7,196,462 |
| 4 |
$13,137,696 |
$4,821,278
$761,986 |
$7,554,432 |
| 5 |
$13,794,430 |
$5,064,269
$800,077 |
$7,930,084 |
| 6 |
$14,484,340 |
$5,319,536
$840,092 |
$8,324,712 |
| 7 |
$15,208,180 |
$5,587,357
$882,074 |
$8,738,749 |
| 8 |
$15,968,966 |
$5,868,848
$926,200 |
$9,173,918 |
| 9 |
$16,767,452 |
$6,164,288
$972,512 |
$9,630,652 |
| 10 |
$17,605,900 |
$6,474,513
$1,021,142 |
$10,110,245 |
| 11 |
$18,485,818 |
$6,800,083
$1,072,177 |
$10,613,558 |
| 12 |
$19,410,222 |
$7,142,113
$1,125,793 |
$11,142,316 |
| 13 |
$20,380,620 |
$7,501,160
$1,182,076 |
$11,697,384 |
| 14 |
$21,400,028 |
$7,878,341
$1,241,202 |
$12,280,485 |
| 15 |
$22,469,954 |
$8,274,213
$1,303,257 |
$12,892,484 |
| 16 |
$23,593,414 |
$8,689,894
$1,368,418 |
$13,535,102 |
| 17 |
$24,772,670 |
$9,126,218
$1,436,815 |
$14,209,637 |
| 18 |
$26,011,492 |
$9,584,582
$1,508,667 |
$14,918,243 |
| 19 |
$27,312,142 |
$10,065,823
$1,584,104 |
$15,662,215 |
| 20 |
$28,677,636 |
$10,571,056
$1,663,303 |
$16,443,277 |
| 21 |
$30,111,744 |
$11,101,676
$1,746,481 |
$17,263,587 |
| 22 |
$31,617,482 |
$11,658,799
$1,833,814 |
$18,124,869 |
| 23 |
$33,197,866 |
$12,243,541
$1,925,476 |
$19,028,849 |
| 24 |
$34,858,174 |
$12,857,855
$2,021,774 |
$19,978,545 |
| 25 |
$36,600,668 |
$13,502,578
$2,122,839 |
$20,975,251 |
| 26 |
$38,431,380 |
$14,179,941
$2,229,020 |
$22,022,419 |
| 27 |
$40,352,572 |
$14,890,782
$2,340,449 |
$23,121,341 |
| 28 |
$42,370,276 |
$15,637,333
$2,457,476 |
$24,275,467 |
| 29 |
$44,489,016 |
$16,421,266
$2,580,363 |
$25,487,387 |
| 30 |
$46,713,316 |
$17,244,257
$2,709,372 |
$26,759,687 |
|
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