The jackpot for the MEGA Millions draw on Tue Jun 17, 2025, is projected to be $280 Million, with an option for a cash payout of $126.1 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC MEGA Millions Jackpot/Cash Option for Tue Jun 17, 2025 |
|---|
| Draw Date | Tue Jun 17, 2025 | | Projected Jackpot | $280,000,000 | | Cash Value | $126,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $126,100,000 | | Federal Tax(24%) | $30,264,000 | | Additional Federal Tax | $16,353,330 | | State Tax(10.75%) | $13,555,750 | | Net Lumpsum Payment | $65,926,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,214,280 |
$1,519,614
$453,035 |
$2,241,631 |
| 2 |
$4,425,120 |
$1,597,625
$475,700 |
$2,351,795 |
| 3 |
$4,646,320 |
$1,679,469
$499,479 |
$2,467,372 |
| 4 |
$4,878,720 |
$1,765,457
$524,462 |
$2,588,801 |
| 5 |
$5,122,600 |
$1,855,692
$550,680 |
$2,716,228 |
| 6 |
$5,378,800 |
$1,950,486
$578,221 |
$2,850,093 |
| 7 |
$5,647,600 |
$2,049,942
$607,117 |
$2,990,541 |
| 8 |
$5,930,120 |
$2,154,475
$637,488 |
$3,138,157 |
| 9 |
$6,226,640 |
$2,264,187
$669,364 |
$3,293,089 |
| 10 |
$6,538,000 |
$2,379,390
$702,835 |
$3,455,775 |
| 11 |
$6,864,760 |
$2,500,292
$737,962 |
$3,626,506 |
| 12 |
$7,208,040 |
$2,627,305
$774,864 |
$3,805,871 |
| 13 |
$7,568,400 |
$2,760,638
$813,603 |
$3,994,159 |
| 14 |
$7,946,960 |
$2,900,706
$854,298 |
$4,191,956 |
| 15 |
$8,344,280 |
$3,047,714
$897,010 |
$4,399,556 |
| 16 |
$8,761,480 |
$3,202,078
$941,859 |
$4,617,543 |
| 17 |
$9,199,400 |
$3,364,108
$988,936 |
$4,846,356 |
| 18 |
$9,659,440 |
$3,534,323
$1,038,390 |
$5,086,727 |
| 19 |
$10,142,440 |
$3,713,033
$1,090,312 |
$5,339,095 |
| 20 |
$10,649,520 |
$3,900,653
$1,144,823 |
$5,604,044 |
| 21 |
$11,182,080 |
$4,097,700
$1,202,074 |
$5,882,306 |
| 22 |
$11,741,240 |
$4,304,589
$1,262,183 |
$6,174,468 |
| 23 |
$12,328,120 |
$4,521,735
$1,325,273 |
$6,481,112 |
| 24 |
$12,944,680 |
$4,749,862
$1,391,553 |
$6,803,265 |
| 25 |
$13,591,760 |
$4,989,282
$1,461,114 |
$7,141,364 |
| 26 |
$14,271,600 |
$5,240,822
$1,534,197 |
$7,496,581 |
| 27 |
$14,985,040 |
$5,504,795
$1,610,892 |
$7,869,353 |
| 28 |
$15,734,320 |
$5,782,029
$1,691,439 |
$8,260,852 |
| 29 |
$16,521,120 |
$6,073,145
$1,776,020 |
$8,671,955 |
| 30 |
$17,347,120 |
$6,378,765
$1,864,815 |
$9,103,540 |
|
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