Washington DC Lottery

DCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Aug 15, 2025 is estimated to be $198 Million, with a cash option of 89.3 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 Fri Aug 15, 2025

Draw Date Jackpot Cash Option
Fri Aug 15, 2025$198,000,000$89,300,000

Lumpsum Option Taxes and Payment

Category Amount
Cash Gross Payment$89,300,000
Federal Tax(24%)$21,432,000
Additional Federal Tax$11,569,330
State Tax(10.75%)$9,599,750
Net Lumpsum Payment$46,698,920

Annuity Payment in 30 Installations

Year Gross Payment Fed/State Tax Net Payment
1 $2,980,098 -$1,062,967
-$320,361
$1,596,770
2 $3,129,192 -$1,118,131
-$336,388
$1,674,673
3 $3,285,612 -$1,176,007
-$353,203
$1,756,402
4 $3,449,952 -$1,236,813
-$370,870
$1,842,269
5 $3,622,410 -$1,300,622
-$389,409
$1,932,379
6 $3,803,580 -$1,367,655
-$408,885
$2,027,040
7 $3,993,660 -$1,437,985
-$429,318
$2,126,357
8 $4,193,442 -$1,511,904
-$450,795
$2,230,743
9 $4,403,124 -$1,589,486
-$473,336
$2,340,302
10 $4,623,300 -$1,670,951
-$497,005
$2,455,344
11 $4,854,366 -$1,756,446
-$521,844
$2,576,076
12 $5,097,114 -$1,846,263
-$547,940
$2,702,911
13 $5,351,940 -$1,940,548
-$575,334
$2,836,058
14 $5,619,636 -$2,039,596
-$604,111
$2,975,929
15 $5,900,598 -$2,143,552
-$634,314
$3,122,732
16 $6,195,618 -$2,252,709
-$666,029
$3,276,880
17 $6,505,290 -$2,367,288
-$699,319
$3,438,683
18 $6,830,604 -$2,487,654
-$734,290
$3,608,660
19 $7,172,154 -$2,614,027
-$771,007
$3,787,120
20 $7,530,732 -$2,746,701
-$809,554
$3,974,477
21 $7,907,328 -$2,886,042
-$850,038
$4,171,248
22 $8,302,734 -$3,032,342
-$892,544
$4,377,848
23 $8,717,742 -$3,185,895
-$937,157
$4,594,690
24 $9,153,738 -$3,347,213
-$984,027
$4,822,498
25 $9,611,316 -$3,516,517
-$1,033,216
$5,061,583
26 $10,092,060 -$3,694,393
-$1,084,896
$5,312,771
27 $10,596,564 -$3,881,059
-$1,139,131
$5,576,374
28 $11,126,412 -$4,077,103
-$1,196,089
$5,853,220
29 $11,682,792 -$4,282,963
-$1,255,900
$6,143,929
30 $12,266,892 -$4,499,080
-$1,318,691
$6,449,121
1
9
8
Cash Option: $89.3 Million
Next Draw: Fri Aug 15
Mega Millions
Tue Aug 12, 2025
010831566723

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