Idaho Lottery

IDLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Nov 4, 2025 is estimated to be $800 Million, with a cash option of 371.7 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 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 Nov 4, 2025

Draw Date	Jackpot	Cash Option
Tue Nov 4, 2025	$800,000,000	$371,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$371,700,000
Federal Tax(24%)	$89,208,000
Additional Federal Tax	$48,281,330
State Tax(5.8%)	$21,558,600
Net Lumpsum Payment	$212,652,070

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$12,040,800	-$4,415,426 -$698,366	$6,927,008
2	$12,643,200	-$4,638,314 -$733,306	$7,271,580
3	$13,275,200	-$4,872,154 -$769,962	$7,633,084
4	$13,939,200	-$5,117,834 -$808,474	$8,012,892
5	$14,636,000	-$5,375,650 -$848,888	$8,411,462
6	$15,368,000	-$5,646,490 -$891,344	$8,830,166
7	$16,136,000	-$5,930,650 -$935,888	$9,269,462
8	$16,943,200	-$6,229,314 -$982,706	$9,731,180
9	$17,790,400	-$6,542,778 -$1,031,843	$10,215,779
10	$18,680,000	-$6,871,930 -$1,083,440	$10,724,630
11	$19,613,600	-$7,217,362 -$1,137,589	$11,258,649
12	$20,594,400	-$7,580,258 -$1,194,475	$11,819,667
13	$21,624,000	-$7,961,210 -$1,254,192	$12,408,598
14	$22,705,600	-$8,361,402 -$1,316,925	$13,027,273
15	$23,840,800	-$8,781,426 -$1,382,766	$13,676,608
16	$25,032,800	-$9,222,466 -$1,451,902	$14,358,432
17	$26,284,000	-$9,685,410 -$1,524,472	$15,074,118
18	$27,598,400	-$10,171,738 -$1,600,707	$15,825,955
19	$28,978,400	-$10,682,338 -$1,680,747	$16,615,315
20	$30,427,200	-$11,218,394 -$1,764,778	$17,444,028
21	$31,948,800	-$11,781,386 -$1,853,030	$18,314,384
22	$33,546,400	-$12,372,498 -$1,945,691	$19,228,211
23	$35,223,200	-$12,992,914 -$2,042,946	$20,187,340
24	$36,984,800	-$13,644,706 -$2,145,118	$21,194,976
25	$38,833,600	-$14,328,762 -$2,252,349	$22,252,489
26	$40,776,000	-$15,047,450 -$2,365,008	$23,363,542
27	$42,814,400	-$15,801,658 -$2,483,235	$24,529,507
28	$44,955,200	-$16,593,754 -$2,607,402	$25,754,044
29	$47,203,200	-$17,425,514 -$2,737,786	$27,039,900
30	$49,563,200	-$18,298,714 -$2,874,666	$28,389,820