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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana 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(6.75%) | $17,860,500 | | Net Lumpsum Payment | $148,877,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,654,325 |
$3,162,431
$584,167 |
$4,907,727 |
| 2 |
$9,087,300 |
$3,322,631
$613,393 |
$5,151,276 |
| 3 |
$9,541,550 |
$3,490,704
$644,055 |
$5,406,791 |
| 4 |
$10,018,800 |
$3,667,286
$676,269 |
$5,675,245 |
| 5 |
$10,519,625 |
$3,852,592
$710,075 |
$5,956,958 |
| 6 |
$11,045,750 |
$4,047,258
$745,588 |
$6,252,904 |
| 7 |
$11,597,750 |
$4,251,498
$782,848 |
$6,563,404 |
| 8 |
$12,177,925 |
$4,466,163
$822,010 |
$6,889,752 |
| 9 |
$12,786,850 |
$4,691,465
$863,112 |
$7,232,273 |
| 10 |
$13,426,250 |
$4,928,043
$906,272 |
$7,591,935 |
| 11 |
$14,097,275 |
$5,176,322
$951,566 |
$7,969,387 |
| 12 |
$14,802,225 |
$5,437,154
$999,150 |
$8,365,921 |
| 13 |
$15,542,250 |
$5,710,963
$1,049,102 |
$8,782,185 |
| 14 |
$16,319,650 |
$5,998,601
$1,101,576 |
$9,219,473 |
| 15 |
$17,135,575 |
$6,300,493
$1,156,651 |
$9,678,431 |
| 16 |
$17,992,325 |
$6,617,491
$1,214,482 |
$10,160,352 |
| 17 |
$18,891,625 |
$6,950,232
$1,275,185 |
$10,666,208 |
| 18 |
$19,836,350 |
$7,299,780
$1,338,954 |
$11,197,616 |
| 19 |
$20,828,225 |
$7,666,774
$1,405,905 |
$11,755,546 |
| 20 |
$21,869,550 |
$8,052,064
$1,476,195 |
$12,341,291 |
| 21 |
$22,963,200 |
$8,456,714
$1,550,016 |
$12,956,470 |
| 22 |
$24,111,475 |
$8,881,576
$1,627,525 |
$13,602,374 |
| 23 |
$25,316,675 |
$9,327,500
$1,708,876 |
$14,280,299 |
| 24 |
$26,582,825 |
$9,795,976
$1,794,341 |
$14,992,508 |
| 25 |
$27,911,650 |
$10,287,641
$1,884,036 |
$15,739,973 |
| 26 |
$29,307,750 |
$10,804,198
$1,978,273 |
$16,525,279 |
| 27 |
$30,772,850 |
$11,346,285
$2,077,167 |
$17,349,398 |
| 28 |
$32,311,550 |
$11,915,604
$2,181,030 |
$18,214,916 |
| 29 |
$33,927,300 |
$12,513,431
$2,290,093 |
$19,123,776 |
| 30 |
$35,623,550 |
$13,141,044
$2,404,590 |
$20,077,916 |
|
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