The jackpot for the MEGA Millions draw on Fri Jun 20, 2025, is projected to be $302 Million, with an option for a cash payout of $136 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 Jun 20, 2025 |
|---|
| Draw Date | Fri Jun 20, 2025 | | Projected Jackpot | $302,000,000 | | Cash Value | $136,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $136,000,000 | | Federal Tax(24%) | $32,640,000 | | Additional Federal Tax | $17,640,330 | | State Tax(10.75%) | $14,620,000 | | Net Lumpsum Payment | $71,099,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,545,402 |
$1,642,129
$488,631 |
$2,414,642 |
| 2 |
$4,772,808 |
$1,726,269
$513,077 |
$2,533,462 |
| 3 |
$5,011,388 |
$1,814,544
$538,724 |
$2,658,120 |
| 4 |
$5,262,048 |
$1,907,288
$565,670 |
$2,789,090 |
| 5 |
$5,525,090 |
$2,004,614
$593,947 |
$2,926,529 |
| 6 |
$5,801,420 |
$2,106,856
$623,653 |
$3,070,911 |
| 7 |
$6,091,340 |
$2,214,126
$654,819 |
$3,222,395 |
| 8 |
$6,396,058 |
$2,326,872
$687,576 |
$3,381,610 |
| 9 |
$6,715,876 |
$2,445,205
$721,957 |
$3,548,714 |
| 10 |
$7,051,700 |
$2,569,459
$758,058 |
$3,724,183 |
| 11 |
$7,404,134 |
$2,699,860
$795,944 |
$3,908,330 |
| 12 |
$7,774,386 |
$2,836,853
$835,746 |
$4,101,787 |
| 13 |
$8,163,060 |
$2,980,663
$877,529 |
$4,304,868 |
| 14 |
$8,571,364 |
$3,131,735
$921,422 |
$4,518,207 |
| 15 |
$8,999,902 |
$3,290,294
$967,489 |
$4,742,119 |
| 16 |
$9,449,882 |
$3,456,787
$1,015,862 |
$4,977,233 |
| 17 |
$9,922,210 |
$3,631,548
$1,066,638 |
$5,224,024 |
| 18 |
$10,418,396 |
$3,815,137
$1,119,978 |
$5,483,281 |
| 19 |
$10,939,346 |
$4,007,888
$1,175,980 |
$5,755,478 |
| 20 |
$11,486,268 |
$4,210,250
$1,234,774 |
$6,041,244 |
| 21 |
$12,060,672 |
$4,422,779
$1,296,522 |
$6,341,371 |
| 22 |
$12,663,766 |
$4,645,924
$1,361,355 |
$6,656,487 |
| 23 |
$13,296,758 |
$4,880,131
$1,429,401 |
$6,987,226 |
| 24 |
$13,961,762 |
$5,126,182
$1,500,889 |
$7,334,691 |
| 25 |
$14,659,684 |
$5,384,413
$1,575,916 |
$7,699,355 |
| 26 |
$15,392,940 |
$5,655,718
$1,654,741 |
$8,082,481 |
| 27 |
$16,162,436 |
$5,940,432
$1,737,462 |
$8,484,542 |
| 28 |
$16,970,588 |
$6,239,448
$1,824,338 |
$8,906,802 |
| 29 |
$17,819,208 |
$6,553,437
$1,915,565 |
$9,350,206 |
| 30 |
$18,710,108 |
$6,883,070
$2,011,337 |
$9,815,701 |
|
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