Washington DC Lottery

DCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Feb 25, 2025 is estimated to be $181 Million, with a cash option of 82.7 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 Feb 25, 2025

Draw Date	Jackpot	Cash Option
Tue Feb 25, 2025	$181,000,000	$82,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$82,700,000
Federal Tax(24%)	$19,848,000
Additional Federal Tax	$10,711,330
State Tax(10.75%)	$8,890,250
Net Lumpsum Payment	$43,250,420

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,724,231	-$968,296 -$292,855	$1,463,080
2	$2,860,524	-$1,018,724 -$307,506	$1,534,294
3	$3,003,514	-$1,071,631 -$322,878	$1,609,005
4	$3,153,744	-$1,127,216 -$339,027	$1,687,501
5	$3,311,395	-$1,185,547 -$355,975	$1,769,873
6	$3,477,010	-$1,246,824 -$373,779	$1,856,407
7	$3,650,770	-$1,311,115 -$392,458	$1,947,197
8	$3,833,399	-$1,378,688 -$412,090	$2,042,621
9	$4,025,078	-$1,449,609 -$432,696	$2,142,773
10	$4,226,350	-$1,524,080 -$454,333	$2,247,937
11	$4,437,577	-$1,602,234 -$477,040	$2,358,303
12	$4,659,483	-$1,684,339 -$500,894	$2,474,250
13	$4,892,430	-$1,770,529 -$525,936	$2,595,965
14	$5,137,142	-$1,861,073 -$552,243	$2,723,826
15	$5,393,981	-$1,956,103 -$579,853	$2,858,025
16	$5,663,671	-$2,055,889 -$608,845	$2,998,937
17	$5,946,755	-$2,160,630 -$639,276	$3,146,849
18	$6,244,138	-$2,270,661 -$671,245	$3,302,232
19	$6,556,363	-$2,386,185 -$704,809	$3,465,369
20	$6,884,154	-$2,507,467 -$740,047	$3,636,640
21	$7,228,416	-$2,634,844 -$777,055	$3,816,517
22	$7,589,873	-$2,768,583 -$815,911	$4,005,379
23	$7,969,249	-$2,908,953 -$856,694	$4,203,602
24	$8,367,811	-$3,056,420 -$899,540	$4,411,851
25	$8,786,102	-$3,211,188 -$944,506	$4,630,408
26	$9,225,570	-$3,373,791 -$991,749	$4,860,030
27	$9,686,758	-$3,544,431 -$1,041,326	$5,101,001
28	$10,171,114	-$3,723,643 -$1,093,395	$5,354,076
29	$10,679,724	-$3,911,828 -$1,148,070	$5,619,826
30	$11,213,674	-$4,109,390 -$1,205,470	$5,898,814