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 Maine residents, the state will deduct 5% from your lottery earnings.
| Maine 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%) | $13,230,000 | | Net Lumpsum Payment | $153,507,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,654,325 |
$3,162,431
$432,716 |
$5,059,178 |
| 2 |
$9,087,300 |
$3,322,631
$454,365 |
$5,310,304 |
| 3 |
$9,541,550 |
$3,490,704
$477,078 |
$5,573,768 |
| 4 |
$10,018,800 |
$3,667,286
$500,940 |
$5,850,574 |
| 5 |
$10,519,625 |
$3,852,592
$525,981 |
$6,141,052 |
| 6 |
$11,045,750 |
$4,047,258
$552,288 |
$6,446,204 |
| 7 |
$11,597,750 |
$4,251,498
$579,888 |
$6,766,364 |
| 8 |
$12,177,925 |
$4,466,163
$608,896 |
$7,102,866 |
| 9 |
$12,786,850 |
$4,691,465
$639,343 |
$7,456,042 |
| 10 |
$13,426,250 |
$4,928,043
$671,313 |
$7,826,894 |
| 11 |
$14,097,275 |
$5,176,322
$704,864 |
$8,216,089 |
| 12 |
$14,802,225 |
$5,437,154
$740,111 |
$8,624,960 |
| 13 |
$15,542,250 |
$5,710,963
$777,113 |
$9,054,174 |
| 14 |
$16,319,650 |
$5,998,601
$815,983 |
$9,505,066 |
| 15 |
$17,135,575 |
$6,300,493
$856,779 |
$9,978,303 |
| 16 |
$17,992,325 |
$6,617,491
$899,616 |
$10,475,218 |
| 17 |
$18,891,625 |
$6,950,232
$944,581 |
$10,996,812 |
| 18 |
$19,836,350 |
$7,299,780
$991,818 |
$11,544,752 |
| 19 |
$20,828,225 |
$7,666,774
$1,041,411 |
$12,120,040 |
| 20 |
$21,869,550 |
$8,052,064
$1,093,478 |
$12,724,008 |
| 21 |
$22,963,200 |
$8,456,714
$1,148,160 |
$13,358,326 |
| 22 |
$24,111,475 |
$8,881,576
$1,205,574 |
$14,024,325 |
| 23 |
$25,316,675 |
$9,327,500
$1,265,834 |
$14,723,341 |
| 24 |
$26,582,825 |
$9,795,976
$1,329,141 |
$15,457,708 |
| 25 |
$27,911,650 |
$10,287,641
$1,395,583 |
$16,228,426 |
| 26 |
$29,307,750 |
$10,804,198
$1,465,388 |
$17,038,164 |
| 27 |
$30,772,850 |
$11,346,285
$1,538,643 |
$17,887,922 |
| 28 |
$32,311,550 |
$11,915,604
$1,615,578 |
$18,780,368 |
| 29 |
$33,927,300 |
$12,513,431
$1,696,365 |
$19,717,504 |
| 30 |
$35,623,550 |
$13,141,044
$1,781,178 |
$20,701,328 |
|
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