Idaho Lottery

IDLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Dec 16, 2025 is estimated to be $80 Million, with a cash option of 36.2 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 Idaho, your state will take 5.8% 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.

Idaho MEGA Millions Jackpot/Cash Option for Tue Dec 16, 2025

Draw Date	Jackpot	Cash Option
Tue Dec 16, 2025	$80,000,000	$36,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$36,200,000
Federal Tax(24%)	$8,688,000
Additional Federal Tax	$4,666,330
State Tax(5.8%)	$2,099,600
Net Lumpsum Payment	$20,746,070

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,204,080	-$405,840 -$69,837	$728,403
2	$1,264,320	-$428,129 -$73,331	$762,860
3	$1,327,520	-$451,513 -$76,996	$799,011
4	$1,393,920	-$476,081 -$80,847	$836,992
5	$1,463,600	-$501,862 -$84,889	$876,849
6	$1,536,800	-$528,946 -$89,134	$918,720
7	$1,613,600	-$557,362 -$93,589	$962,649
8	$1,694,320	-$587,229 -$98,271	$1,008,820
9	$1,779,040	-$618,575 -$103,184	$1,057,281
10	$1,868,000	-$651,490 -$108,344	$1,108,166
11	$1,961,360	-$686,034 -$113,759	$1,161,567
12	$2,059,440	-$722,323 -$119,448	$1,217,669
13	$2,162,400	-$760,418 -$125,419	$1,276,563
14	$2,270,560	-$800,438 -$131,692	$1,338,430
15	$2,384,080	-$842,440 -$138,277	$1,403,363
16	$2,503,280	-$886,544 -$145,190	$1,471,546
17	$2,628,400	-$932,838 -$152,447	$1,543,115
18	$2,759,840	-$981,471 -$160,071	$1,618,298
19	$2,897,840	-$1,032,531 -$168,075	$1,697,234
20	$3,042,720	-$1,086,137 -$176,478	$1,780,105
21	$3,194,880	-$1,142,436 -$185,303	$1,867,141
22	$3,354,640	-$1,201,547 -$194,569	$1,958,524
23	$3,522,320	-$1,263,589 -$204,295	$2,054,436
24	$3,698,480	-$1,328,768 -$214,512	$2,155,200
25	$3,883,360	-$1,397,174 -$225,235	$2,260,951
26	$4,077,600	-$1,469,042 -$236,501	$2,372,057
27	$4,281,440	-$1,544,463 -$248,324	$2,488,653
28	$4,495,520	-$1,623,673 -$260,740	$2,611,107
29	$4,720,320	-$1,706,849 -$273,779	$2,739,692
30	$4,956,320	-$1,794,169 -$287,467	$2,874,684