The jackpot for the MEGA Millions draw on Tue Dec 23, 2025, is projected to be $100 Million, with an option for a cash payout of $45.5 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 Massachusetts residents, the state will deduct 5% from your lottery earnings.
| Massachusetts MEGA Millions Jackpot/Cash Option for Tue Dec 23, 2025 |
|---|
| Draw Date | Tue Dec 23, 2025 | | Projected Jackpot | $100,000,000 | | Cash Value | $45,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $45,500,000 | | Federal Tax(24%) | $10,920,000 | | Additional Federal Tax | $5,875,330 | | State Tax(5%) | $2,275,000 | | Net Lumpsum Payment | $26,429,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,505,100 |
$517,217
$75,255 |
$912,628 |
| 2 |
$1,580,400 |
$545,078
$79,020 |
$956,302 |
| 3 |
$1,659,400 |
$574,308
$82,970 |
$1,002,122 |
| 4 |
$1,742,400 |
$605,018
$87,120 |
$1,050,262 |
| 5 |
$1,829,500 |
$637,245
$91,475 |
$1,100,780 |
| 6 |
$1,921,000 |
$671,100
$96,050 |
$1,153,850 |
| 7 |
$2,017,000 |
$706,620
$100,850 |
$1,209,530 |
| 8 |
$2,117,900 |
$743,953
$105,895 |
$1,268,052 |
| 9 |
$2,223,800 |
$783,136
$111,190 |
$1,329,474 |
| 10 |
$2,335,000 |
$824,280
$116,750 |
$1,393,970 |
| 11 |
$2,451,700 |
$867,459
$122,585 |
$1,461,656 |
| 12 |
$2,574,300 |
$912,821
$128,715 |
$1,532,764 |
| 13 |
$2,703,000 |
$960,440
$135,150 |
$1,607,410 |
| 14 |
$2,838,200 |
$1,010,464
$141,910 |
$1,685,826 |
| 15 |
$2,980,100 |
$1,062,967
$149,005 |
$1,768,128 |
| 16 |
$3,129,100 |
$1,118,097
$156,455 |
$1,854,548 |
| 17 |
$3,285,500 |
$1,175,965
$164,275 |
$1,945,260 |
| 18 |
$3,449,800 |
$1,236,756
$172,490 |
$2,040,554 |
| 19 |
$3,622,300 |
$1,300,581
$181,115 |
$2,140,604 |
| 20 |
$3,803,400 |
$1,367,588
$190,170 |
$2,245,642 |
| 21 |
$3,993,600 |
$1,437,962
$199,680 |
$2,355,958 |
| 22 |
$4,193,300 |
$1,511,851
$209,665 |
$2,471,784 |
| 23 |
$4,402,900 |
$1,589,403
$220,145 |
$2,593,352 |
| 24 |
$4,623,100 |
$1,670,877
$231,155 |
$2,721,068 |
| 25 |
$4,854,200 |
$1,756,384
$242,710 |
$2,855,106 |
| 26 |
$5,097,000 |
$1,846,220
$254,850 |
$2,995,930 |
| 27 |
$5,351,800 |
$1,940,496
$267,590 |
$3,143,714 |
| 28 |
$5,619,400 |
$2,039,508
$280,970 |
$3,298,922 |
| 29 |
$5,900,400 |
$2,143,478
$295,020 |
$3,461,902 |
| 30 |
$6,195,400 |
$2,252,628
$309,770 |
$3,633,002 |
|
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