The jackpot for the MEGA Millions draw on Tue Dec 30, 2025, is projected to be $138 Million, with an option for a cash payout of $63.3 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 Connecticut residents, the state will deduct 6.99% from your lottery earnings.
| Connecticut MEGA Millions Jackpot/Cash Option for Tue Dec 30, 2025 |
|---|
| Draw Date | Tue Dec 30, 2025 | | Projected Jackpot | $138,000,000 | | Cash Value | $63,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $63,300,000 | | Federal Tax(24%) | $15,192,000 | | Additional Federal Tax | $8,189,330 | | State Tax(6.99%) | $4,424,670 | | Net Lumpsum Payment | $35,494,000 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,077,038 |
$728,834
$145,185 |
$1,203,019 |
| 2 |
$2,180,952 |
$767,283
$152,449 |
$1,261,220 |
| 3 |
$2,289,972 |
$807,620
$160,069 |
$1,322,283 |
| 4 |
$2,404,512 |
$850,000
$168,075 |
$1,386,437 |
| 5 |
$2,524,710 |
$894,473
$176,477 |
$1,453,760 |
| 6 |
$2,650,980 |
$941,193
$185,304 |
$1,524,483 |
| 7 |
$2,783,460 |
$990,211
$194,564 |
$1,598,685 |
| 8 |
$2,922,702 |
$1,041,730
$204,297 |
$1,676,675 |
| 9 |
$3,068,844 |
$1,095,803
$214,512 |
$1,758,529 |
| 10 |
$3,222,300 |
$1,152,581
$225,239 |
$1,844,480 |
| 11 |
$3,383,346 |
$1,212,168
$236,496 |
$1,934,682 |
| 12 |
$3,552,534 |
$1,274,768
$248,322 |
$2,029,444 |
| 13 |
$3,730,140 |
$1,340,482
$260,737 |
$2,128,921 |
| 14 |
$3,916,716 |
$1,409,515
$273,778 |
$2,233,423 |
| 15 |
$4,112,538 |
$1,481,969
$287,466 |
$2,343,103 |
| 16 |
$4,318,158 |
$1,558,049
$301,839 |
$2,458,270 |
| 17 |
$4,533,990 |
$1,637,907
$316,926 |
$2,579,157 |
| 18 |
$4,760,724 |
$1,721,798
$332,775 |
$2,706,151 |
| 19 |
$4,998,774 |
$1,809,877
$349,414 |
$2,839,483 |
| 20 |
$5,248,692 |
$1,902,346
$366,884 |
$2,979,462 |
| 21 |
$5,511,168 |
$1,999,463
$385,231 |
$3,126,474 |
| 22 |
$5,786,754 |
$2,101,429
$404,494 |
$3,280,831 |
| 23 |
$6,076,002 |
$2,208,451
$424,713 |
$3,442,838 |
| 24 |
$6,379,878 |
$2,320,885
$445,953 |
$3,613,040 |
| 25 |
$6,698,796 |
$2,438,885
$468,246 |
$3,791,665 |
| 26 |
$7,033,860 |
$2,562,859
$491,667 |
$3,979,334 |
| 27 |
$7,385,484 |
$2,692,959
$516,245 |
$4,176,280 |
| 28 |
$7,754,772 |
$2,829,596
$542,059 |
$4,383,117 |
| 29 |
$8,142,552 |
$2,973,075
$569,164 |
$4,600,313 |
| 30 |
$8,549,652 |
$3,123,702
$597,621 |
$4,828,329 |
|
|
