The jackpot for the MEGA Millions draw on Tue Dec 2, 2025, is projected to be $90 Million, with an option for a cash payout of $41.9 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 Illinois residents, the state will deduct 4.95% from your lottery earnings.
| Illinois MEGA Millions Jackpot/Cash Option for Tue Dec 2, 2025 |
|---|
| Draw Date | Tue Dec 2, 2025 | | Projected Jackpot | $90,000,000 | | Cash Value | $41,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $41,900,000 | | Federal Tax(24%) | $10,056,000 | | Additional Federal Tax | $5,407,330 | | State Tax(4.95%) | $2,074,050 | | Net Lumpsum Payment | $24,362,620 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,354,590 |
$461,529
$67,052 |
$826,009 |
| 2 |
$1,422,360 |
$486,604
$70,407 |
$865,349 |
| 3 |
$1,493,460 |
$512,911
$73,926 |
$906,623 |
| 4 |
$1,568,160 |
$540,550
$77,624 |
$949,986 |
| 5 |
$1,646,550 |
$569,554
$81,504 |
$995,492 |
| 6 |
$1,728,900 |
$600,023
$85,581 |
$1,043,296 |
| 7 |
$1,815,300 |
$631,991
$89,857 |
$1,093,452 |
| 8 |
$1,906,110 |
$665,591
$94,352 |
$1,146,167 |
| 9 |
$2,001,420 |
$700,856
$99,070 |
$1,201,494 |
| 10 |
$2,101,500 |
$737,885
$104,024 |
$1,259,591 |
| 11 |
$2,206,530 |
$776,746
$109,223 |
$1,320,561 |
| 12 |
$2,316,870 |
$817,572
$114,685 |
$1,384,613 |
| 13 |
$2,432,700 |
$860,429
$120,419 |
$1,451,852 |
| 14 |
$2,554,380 |
$905,451
$126,442 |
$1,522,487 |
| 15 |
$2,682,090 |
$952,704
$132,763 |
$1,596,623 |
| 16 |
$2,816,190 |
$1,002,321
$139,401 |
$1,674,468 |
| 17 |
$2,956,950 |
$1,054,402
$146,369 |
$1,756,179 |
| 18 |
$3,104,820 |
$1,109,114
$153,689 |
$1,842,017 |
| 19 |
$3,260,070 |
$1,166,556
$161,373 |
$1,932,141 |
| 20 |
$3,423,060 |
$1,226,863
$169,441 |
$2,026,756 |
| 21 |
$3,594,240 |
$1,290,199
$177,915 |
$2,126,126 |
| 22 |
$3,773,970 |
$1,356,699
$186,812 |
$2,230,459 |
| 23 |
$3,962,610 |
$1,426,496
$196,149 |
$2,339,965 |
| 24 |
$4,160,790 |
$1,499,823
$205,959 |
$2,455,008 |
| 25 |
$4,368,780 |
$1,576,779
$216,255 |
$2,575,746 |
| 26 |
$4,587,300 |
$1,657,631
$227,071 |
$2,702,598 |
| 27 |
$4,816,620 |
$1,742,480
$238,423 |
$2,835,717 |
| 28 |
$5,057,460 |
$1,831,591
$250,344 |
$2,975,525 |
| 29 |
$5,310,360 |
$1,925,164
$262,863 |
$3,122,333 |
| 30 |
$5,575,860 |
$2,023,399
$276,005 |
$3,276,456 |
|
|
