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 Date | Tue 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 |
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