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 Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland 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(8.95%) | $4,072,250 | | Net Lumpsum Payment | $24,632,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,505,100 |
$517,217
$134,706 |
$853,177 |
| 2 |
$1,580,400 |
$545,078
$141,446 |
$893,876 |
| 3 |
$1,659,400 |
$574,308
$148,516 |
$936,576 |
| 4 |
$1,742,400 |
$605,018
$155,945 |
$981,437 |
| 5 |
$1,829,500 |
$637,245
$163,740 |
$1,028,515 |
| 6 |
$1,921,000 |
$671,100
$171,930 |
$1,077,970 |
| 7 |
$2,017,000 |
$706,620
$180,522 |
$1,129,858 |
| 8 |
$2,117,900 |
$743,953
$189,552 |
$1,184,395 |
| 9 |
$2,223,800 |
$783,136
$199,030 |
$1,241,634 |
| 10 |
$2,335,000 |
$824,280
$208,983 |
$1,301,737 |
| 11 |
$2,451,700 |
$867,459
$219,427 |
$1,364,814 |
| 12 |
$2,574,300 |
$912,821
$230,400 |
$1,431,079 |
| 13 |
$2,703,000 |
$960,440
$241,919 |
$1,500,641 |
| 14 |
$2,838,200 |
$1,010,464
$254,019 |
$1,573,717 |
| 15 |
$2,980,100 |
$1,062,967
$266,719 |
$1,650,414 |
| 16 |
$3,129,100 |
$1,118,097
$280,054 |
$1,730,949 |
| 17 |
$3,285,500 |
$1,175,965
$294,052 |
$1,815,483 |
| 18 |
$3,449,800 |
$1,236,756
$308,757 |
$1,904,287 |
| 19 |
$3,622,300 |
$1,300,581
$324,196 |
$1,997,523 |
| 20 |
$3,803,400 |
$1,367,588
$340,404 |
$2,095,408 |
| 21 |
$3,993,600 |
$1,437,962
$357,427 |
$2,198,211 |
| 22 |
$4,193,300 |
$1,511,851
$375,300 |
$2,306,149 |
| 23 |
$4,402,900 |
$1,589,403
$394,060 |
$2,419,437 |
| 24 |
$4,623,100 |
$1,670,877
$413,767 |
$2,538,456 |
| 25 |
$4,854,200 |
$1,756,384
$434,451 |
$2,663,365 |
| 26 |
$5,097,000 |
$1,846,220
$456,182 |
$2,794,598 |
| 27 |
$5,351,800 |
$1,940,496
$478,986 |
$2,932,318 |
| 28 |
$5,619,400 |
$2,039,508
$502,936 |
$3,076,956 |
| 29 |
$5,900,400 |
$2,143,478
$528,086 |
$3,228,836 |
| 30 |
$6,195,400 |
$2,252,628
$554,488 |
$3,388,284 |
|
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