The jackpot for the MEGA Millions draw on Tue Dec 2, 2025, is projected to be $90 Million, with an option for a cash payout of $41.9 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 Vermont residents, the state will deduct 6% from your lottery earnings.
| Vermont MEGA Millions Jackpot/Cash Option for Tue Dec 2, 2025 |
|---|
| Draw Date | Tue Dec 2, 2025 | | Projected Jackpot | $90,000,000 | | Cash Value | $41,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $41,900,000 | | Federal Tax(24%) | $10,056,000 | | Additional Federal Tax | $5,407,330 | | State Tax(6%) | $2,514,000 | | Net Lumpsum Payment | $23,922,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,354,590 |
$461,529
$81,275 |
$811,786 |
| 2 |
$1,422,360 |
$486,604
$85,342 |
$850,414 |
| 3 |
$1,493,460 |
$512,911
$89,608 |
$890,941 |
| 4 |
$1,568,160 |
$540,550
$94,090 |
$933,520 |
| 5 |
$1,646,550 |
$569,554
$98,793 |
$978,203 |
| 6 |
$1,728,900 |
$600,023
$103,734 |
$1,025,143 |
| 7 |
$1,815,300 |
$631,991
$108,918 |
$1,074,391 |
| 8 |
$1,906,110 |
$665,591
$114,367 |
$1,126,152 |
| 9 |
$2,001,420 |
$700,856
$120,085 |
$1,180,479 |
| 10 |
$2,101,500 |
$737,885
$126,090 |
$1,237,525 |
| 11 |
$2,206,530 |
$776,746
$132,392 |
$1,297,392 |
| 12 |
$2,316,870 |
$817,572
$139,012 |
$1,360,286 |
| 13 |
$2,432,700 |
$860,429
$145,962 |
$1,426,309 |
| 14 |
$2,554,380 |
$905,451
$153,263 |
$1,495,666 |
| 15 |
$2,682,090 |
$952,704
$160,925 |
$1,568,461 |
| 16 |
$2,816,190 |
$1,002,321
$168,971 |
$1,644,898 |
| 17 |
$2,956,950 |
$1,054,402
$177,417 |
$1,725,131 |
| 18 |
$3,104,820 |
$1,109,114
$186,289 |
$1,809,417 |
| 19 |
$3,260,070 |
$1,166,556
$195,604 |
$1,897,910 |
| 20 |
$3,423,060 |
$1,226,863
$205,384 |
$1,990,813 |
| 21 |
$3,594,240 |
$1,290,199
$215,654 |
$2,088,387 |
| 22 |
$3,773,970 |
$1,356,699
$226,438 |
$2,190,833 |
| 23 |
$3,962,610 |
$1,426,496
$237,757 |
$2,298,357 |
| 24 |
$4,160,790 |
$1,499,823
$249,647 |
$2,411,320 |
| 25 |
$4,368,780 |
$1,576,779
$262,127 |
$2,529,874 |
| 26 |
$4,587,300 |
$1,657,631
$275,238 |
$2,654,431 |
| 27 |
$4,816,620 |
$1,742,480
$288,997 |
$2,785,143 |
| 28 |
$5,057,460 |
$1,831,591
$303,448 |
$2,922,421 |
| 29 |
$5,310,360 |
$1,925,164
$318,622 |
$3,066,574 |
| 30 |
$5,575,860 |
$2,023,399
$334,552 |
$3,217,909 |
|
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