The jackpot for the MEGA Millions draw on Fri Dec 26, 2025, is projected to be $125 Million, with an option for a cash payout of $56.9 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho MEGA Millions Jackpot/Cash Option for Fri Dec 26, 2025 |
|---|
| Draw Date | Fri Dec 26, 2025 | | Projected Jackpot | $125,000,000 | | Cash Value | $56,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $56,900,000 | | Federal Tax(24%) | $13,656,000 | | Additional Federal Tax | $7,357,330 | | State Tax(5.8%) | $3,300,200 | | Net Lumpsum Payment | $32,586,470 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,881,375 |
$656,439
$109,120 |
$1,115,816 |
| 2 |
$1,975,500 |
$691,265
$114,579 |
$1,169,656 |
| 3 |
$2,074,250 |
$727,803
$120,307 |
$1,226,140 |
| 4 |
$2,178,000 |
$766,190
$126,324 |
$1,285,486 |
| 5 |
$2,286,875 |
$806,474
$132,639 |
$1,347,762 |
| 6 |
$2,401,250 |
$848,793
$139,273 |
$1,413,184 |
| 7 |
$2,521,250 |
$893,193
$146,233 |
$1,481,824 |
| 8 |
$2,647,375 |
$939,859
$153,548 |
$1,553,968 |
| 9 |
$2,779,750 |
$988,838
$161,226 |
$1,629,686 |
| 10 |
$2,918,750 |
$1,040,268
$169,288 |
$1,709,194 |
| 11 |
$3,064,625 |
$1,094,242
$177,748 |
$1,792,635 |
| 12 |
$3,217,875 |
$1,150,944
$186,637 |
$1,880,294 |
| 13 |
$3,378,750 |
$1,210,468
$195,968 |
$1,972,314 |
| 14 |
$3,547,750 |
$1,272,998
$205,770 |
$2,068,982 |
| 15 |
$3,725,125 |
$1,338,627
$216,057 |
$2,170,441 |
| 16 |
$3,911,375 |
$1,407,539
$226,860 |
$2,276,976 |
| 17 |
$4,106,875 |
$1,479,874
$238,199 |
$2,388,802 |
| 18 |
$4,312,250 |
$1,555,863
$250,111 |
$2,506,276 |
| 19 |
$4,527,875 |
$1,635,644
$262,617 |
$2,629,614 |
| 20 |
$4,754,250 |
$1,719,403
$275,747 |
$2,759,100 |
| 21 |
$4,992,000 |
$1,807,370
$289,536 |
$2,895,094 |
| 22 |
$5,241,625 |
$1,899,732
$304,014 |
$3,037,879 |
| 23 |
$5,503,625 |
$1,996,672
$319,210 |
$3,187,743 |
| 24 |
$5,778,875 |
$2,098,514
$335,175 |
$3,345,186 |
| 25 |
$6,067,750 |
$2,205,398
$351,930 |
$3,510,422 |
| 26 |
$6,371,250 |
$2,317,693
$369,533 |
$3,684,024 |
| 27 |
$6,689,750 |
$2,435,538
$388,006 |
$3,866,206 |
| 28 |
$7,024,250 |
$2,559,303
$407,407 |
$4,057,540 |
| 29 |
$7,375,500 |
$2,689,265
$427,779 |
$4,258,456 |
| 30 |
$7,744,250 |
$2,825,703
$449,167 |
$4,469,380 |
|
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