Washington DC Lottery

DCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Apr 29, 2025 is estimated to be $70 Million, with a cash option of 31.8 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Washington DC, your state will take 10.75% of your lottery winnings.

Please note that the calculation of the MEGA Millions jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Washington DC MEGA Millions Jackpot/Cash Option for Tue Apr 29, 2025

Draw Date	Jackpot	Cash Option
Tue Apr 29, 2025	$70,000,000	$31,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$31,800,000
Federal Tax(24%)	$7,632,000
Additional Federal Tax	$4,094,330
State Tax(10.75%)	$3,418,500
Net Lumpsum Payment	$16,655,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,053,570	-$350,151 -$113,259	$590,160
2	$1,106,280	-$369,654 -$118,925	$617,701
3	$1,161,580	-$390,115 -$124,870	$646,595
4	$1,219,680	-$411,612 -$131,116	$676,952
5	$1,280,650	-$434,171 -$137,670	$708,809
6	$1,344,700	-$457,869 -$144,555	$742,276
7	$1,411,900	-$482,733 -$151,779	$777,388
8	$1,482,530	-$508,866 -$159,372	$814,292
9	$1,556,660	-$536,295 -$167,341	$853,024
10	$1,634,500	-$565,095 -$175,709	$893,696
11	$1,716,190	-$595,321 -$184,490	$936,379
12	$1,802,010	-$627,074 -$193,716	$981,220
13	$1,892,100	-$660,407 -$203,401	$1,028,292
14	$1,986,740	-$695,424 -$213,575	$1,077,741
15	$2,086,070	-$732,176 -$224,253	$1,129,641
16	$2,190,370	-$770,767 -$235,465	$1,184,138
17	$2,299,850	-$811,275 -$247,234	$1,241,341
18	$2,414,860	-$853,829 -$259,597	$1,301,434
19	$2,535,610	-$898,506 -$272,578	$1,364,526
20	$2,662,380	-$945,411 -$286,206	$1,430,763
21	$2,795,520	-$994,673 -$300,518	$1,500,329
22	$2,935,310	-$1,046,395 -$315,546	$1,573,369
23	$3,082,030	-$1,100,681 -$331,318	$1,650,031
24	$3,236,170	-$1,157,713 -$347,888	$1,730,569
25	$3,397,940	-$1,217,568 -$365,279	$1,815,093
26	$3,567,900	-$1,280,453 -$383,549	$1,903,898
27	$3,746,260	-$1,346,447 -$402,723	$1,997,090
28	$3,933,580	-$1,415,755 -$422,860	$2,094,965
29	$4,130,280	-$1,488,534 -$444,005	$2,197,741
30	$4,336,780	-$1,564,939 -$466,204	$2,305,637