The jackpot for the MEGA Millions draw on Tue Oct 21, 2025, is projected to be $650 Million, with an option for a cash payout of $304.1 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 Oct 21, 2025 |
|---|
| Draw Date | Tue Oct 21, 2025 | | Projected Jackpot | $650,000,000 | | Cash Value | $304,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $304,100,000 | | Federal Tax(24%) | $72,984,000 | | Additional Federal Tax | $39,493,330 | | State Tax(10.75%) | $32,690,750 | | Net Lumpsum Payment | $158,931,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,783,150 |
$3,580,096
$1,051,689 |
$5,151,365 |
| 2 |
$10,272,600 |
$3,761,192
$1,104,305 |
$5,407,103 |
| 3 |
$10,786,100 |
$3,951,187
$1,159,506 |
$5,675,407 |
| 4 |
$11,325,600 |
$4,150,802
$1,217,502 |
$5,957,296 |
| 5 |
$11,891,750 |
$4,360,278
$1,278,363 |
$6,253,109 |
| 6 |
$12,486,500 |
$4,580,335
$1,342,299 |
$6,563,866 |
| 7 |
$13,110,500 |
$4,811,215
$1,409,379 |
$6,889,906 |
| 8 |
$13,766,350 |
$5,053,880
$1,479,883 |
$7,232,587 |
| 9 |
$14,454,700 |
$5,308,569
$1,553,880 |
$7,592,251 |
| 10 |
$15,177,500 |
$5,576,005
$1,631,581 |
$7,969,914 |
| 11 |
$15,936,050 |
$5,856,669
$1,713,125 |
$8,366,256 |
| 12 |
$16,732,950 |
$6,151,522
$1,798,792 |
$8,782,636 |
| 13 |
$17,569,500 |
$6,461,045
$1,888,721 |
$9,219,734 |
| 14 |
$18,448,300 |
$6,786,201
$1,983,192 |
$9,678,907 |
| 15 |
$19,370,650 |
$7,127,471
$2,082,345 |
$10,160,834 |
| 16 |
$20,339,150 |
$7,485,816
$2,186,459 |
$10,666,875 |
| 17 |
$21,355,750 |
$7,861,958
$2,295,743 |
$11,198,049 |
| 18 |
$22,423,700 |
$8,257,099
$2,410,548 |
$11,756,053 |
| 19 |
$23,544,950 |
$8,671,962
$2,531,082 |
$12,341,906 |
| 20 |
$24,722,100 |
$9,107,507
$2,657,626 |
$12,956,967 |
| 21 |
$25,958,400 |
$9,564,938
$2,790,528 |
$13,602,934 |
| 22 |
$27,256,450 |
$10,045,217
$2,930,068 |
$14,281,165 |
| 23 |
$28,618,850 |
$10,549,305
$3,076,526 |
$14,993,019 |
| 24 |
$30,050,150 |
$11,078,886
$3,230,391 |
$15,740,873 |
| 25 |
$31,552,300 |
$11,634,681
$3,391,872 |
$16,525,747 |
| 26 |
$33,130,500 |
$12,218,615
$3,561,529 |
$17,350,356 |
| 27 |
$34,786,700 |
$12,831,409
$3,739,570 |
$18,215,721 |
| 28 |
$36,526,100 |
$13,474,987
$3,926,556 |
$19,124,557 |
| 29 |
$38,352,600 |
$14,150,792
$4,122,905 |
$20,078,903 |
| 30 |
$40,270,100 |
$14,860,267
$4,329,036 |
$21,080,797 |
|
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