Maryland Lottery

MDLottery 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 Maryland, your state will take 8.95% 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.

Maryland 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(8.95%)	$3,239,900
Net Lumpsum Payment	$19,605,770

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,204,080	-$405,840 -$107,765	$690,475
2	$1,264,320	-$428,129 -$113,157	$723,034
3	$1,327,520	-$451,513 -$118,813	$757,194
4	$1,393,920	-$476,081 -$124,756	$793,083
5	$1,463,600	-$501,862 -$130,992	$830,746
6	$1,536,800	-$528,946 -$137,544	$870,310
7	$1,613,600	-$557,362 -$144,417	$911,821
8	$1,694,320	-$587,229 -$151,642	$955,449
9	$1,779,040	-$618,575 -$159,224	$1,001,241
10	$1,868,000	-$651,490 -$167,186	$1,049,324
11	$1,961,360	-$686,034 -$175,542	$1,099,784
12	$2,059,440	-$722,323 -$184,320	$1,152,797
13	$2,162,400	-$760,418 -$193,535	$1,208,447
14	$2,270,560	-$800,438 -$203,215	$1,266,907
15	$2,384,080	-$842,440 -$213,375	$1,328,265
16	$2,503,280	-$886,544 -$224,044	$1,392,692
17	$2,628,400	-$932,838 -$235,242	$1,460,320
18	$2,759,840	-$981,471 -$247,006	$1,531,363
19	$2,897,840	-$1,032,531 -$259,357	$1,605,952
20	$3,042,720	-$1,086,137 -$272,323	$1,684,260
21	$3,194,880	-$1,142,436 -$285,942	$1,766,502
22	$3,354,640	-$1,201,547 -$300,240	$1,852,853
23	$3,522,320	-$1,263,589 -$315,248	$1,943,483
24	$3,698,480	-$1,328,768 -$331,014	$2,038,698
25	$3,883,360	-$1,397,174 -$347,561	$2,138,625
26	$4,077,600	-$1,469,042 -$364,945	$2,243,613
27	$4,281,440	-$1,544,463 -$383,189	$2,353,788
28	$4,495,520	-$1,623,673 -$402,349	$2,469,498
29	$4,720,320	-$1,706,849 -$422,469	$2,591,002
30	$4,956,320	-$1,794,169 -$443,591	$2,718,560