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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
Washington DC MEGA Millions Jackpot/Cash Option for Fri Oct 10, 2025 |
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Draw Date | Fri Oct 10, 2025 | Projected Jackpot | $575,000,000 | Cash Value | $264,600,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $264,600,000 | Federal Tax(24%) | $63,504,000 | Additional Federal Tax | $34,358,330 | State Tax(10.75%) | $28,444,500 | Net Lumpsum Payment | $138,293,170 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$8,654,325 |
$3,162,431 $930,340 |
$4,561,554 |
2 |
$9,087,300 |
$3,322,631 $976,885 |
$4,787,784 |
3 |
$9,541,550 |
$3,490,704 $1,025,717 |
$5,025,129 |
4 |
$10,018,800 |
$3,667,286 $1,077,021 |
$5,274,493 |
5 |
$10,519,625 |
$3,852,592 $1,130,860 |
$5,536,173 |
6 |
$11,045,750 |
$4,047,258 $1,187,418 |
$5,811,074 |
7 |
$11,597,750 |
$4,251,498 $1,246,758 |
$6,099,494 |
8 |
$12,177,925 |
$4,466,163 $1,309,127 |
$6,402,635 |
9 |
$12,786,850 |
$4,691,465 $1,374,586 |
$6,720,799 |
10 |
$13,426,250 |
$4,928,043 $1,443,322 |
$7,054,885 |
11 |
$14,097,275 |
$5,176,322 $1,515,457 |
$7,405,496 |
12 |
$14,802,225 |
$5,437,154 $1,591,239 |
$7,773,832 |
13 |
$15,542,250 |
$5,710,963 $1,670,792 |
$8,160,495 |
14 |
$16,319,650 |
$5,998,601 $1,754,362 |
$8,566,687 |
15 |
$17,135,575 |
$6,300,493 $1,842,074 |
$8,993,008 |
16 |
$17,992,325 |
$6,617,491 $1,934,175 |
$9,440,659 |
17 |
$18,891,625 |
$6,950,232 $2,030,850 |
$9,910,543 |
18 |
$19,836,350 |
$7,299,780 $2,132,408 |
$10,404,162 |
19 |
$20,828,225 |
$7,666,774 $2,239,034 |
$10,922,417 |
20 |
$21,869,550 |
$8,052,064 $2,350,977 |
$11,466,509 |
21 |
$22,963,200 |
$8,456,714 $2,468,544 |
$12,037,942 |
22 |
$24,111,475 |
$8,881,576 $2,591,984 |
$12,637,915 |
23 |
$25,316,675 |
$9,327,500 $2,721,543 |
$13,267,632 |
24 |
$26,582,825 |
$9,795,976 $2,857,654 |
$13,929,195 |
25 |
$27,911,650 |
$10,287,641 $3,000,502 |
$14,623,507 |
26 |
$29,307,750 |
$10,804,198 $3,150,583 |
$15,352,969 |
27 |
$30,772,850 |
$11,346,285 $3,308,081 |
$16,118,484 |
28 |
$32,311,550 |
$11,915,604 $3,473,492 |
$16,922,454 |
29 |
$33,927,300 |
$12,513,431 $3,647,185 |
$17,766,684 |
30 |
$35,623,550 |
$13,141,044 $3,829,532 |
$18,652,974 |
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