Jackpot Analysis Idaho Mega Millions

Jackpot Analysis for Idaho Mega Millions
The jackpot for the MEGA Millions draw on Tue Dec 9, 2025, is projected to be $60 Million, with an option for a cash payout of $27.4 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 Tue Dec 9, 2025
Draw DateTue Dec 9, 2025
Projected Jackpot$60,000,000
Cash Value$27,400,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$27,400,000
Federal Tax(24%)$6,576,000
Additional Federal Tax$3,522,330
State Tax(5.8%)$1,589,200
Net Lumpsum Payment$15,712,470
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $903,060 $294,463
$52,377
$556,220
2 $948,240 $311,179
$54,998
$582,063
3 $995,640 $328,717
$57,747
$609,176
4 $1,045,440 $347,143
$60,636
$637,661
5 $1,097,700 $366,479
$63,667
$667,554
6 $1,152,600 $386,792
$66,851
$698,957
7 $1,210,200 $408,104
$70,192
$731,904
8 $1,270,740 $430,504
$73,703
$766,533
9 $1,334,280 $454,014
$77,388
$802,878
10 $1,401,000 $478,700
$81,258
$841,042
11 $1,471,020 $504,608
$85,319
$881,093
12 $1,544,580 $531,825
$89,586
$923,169
13 $1,621,800 $560,396
$94,064
$967,340
14 $1,702,920 $590,411
$98,769
$1,013,740
15 $1,788,060 $621,913
$103,707
$1,062,440
16 $1,877,460 $654,991
$108,893
$1,113,576
17 $1,971,300 $689,711
$114,335
$1,167,254
18 $2,069,880 $726,186
$120,053
$1,223,641
19 $2,173,380 $764,481
$126,056
$1,282,843
20 $2,282,040 $804,685
$132,358
$1,344,997
21 $2,396,160 $846,910
$138,977
$1,410,273
22 $2,515,980 $891,243
$145,927
$1,478,810
23 $2,641,740 $937,774
$153,221
$1,550,745
24 $2,773,860 $986,659
$160,884
$1,626,317
25 $2,912,520 $1,037,963
$168,926
$1,705,631
26 $3,058,200 $1,091,864
$177,376
$1,788,960
27 $3,211,080 $1,148,430
$186,243
$1,876,407
28 $3,371,640 $1,207,837
$195,555
$1,968,248
29 $3,540,240 $1,270,219
$205,334
$2,064,687
30 $3,717,240 $1,335,709
$215,600
$2,165,931