Washington Lottery

WALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Oct 10, 2025 is estimated to be $575 Million, with a cash option of 264.6 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. The good news is that if you're a resident of Washington, you won't owe any state tax on 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 MEGA Millions Jackpot/Cash Option for Fri Oct 10, 2025

Draw Date	Jackpot	Cash Option
Fri Oct 10, 2025	$575,000,000	$264,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$264,600,000
Federal Tax(24%)	$63,504,000
Additional Federal Tax	$34,358,330
State Tax(0%)	$0
Net Lumpsum Payment	$166,737,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,654,325	-$3,162,431 -$0	$5,491,894
2	$9,087,300	-$3,322,631 -$0	$5,764,669
3	$9,541,550	-$3,490,704 -$0	$6,050,846
4	$10,018,800	-$3,667,286 -$0	$6,351,514
5	$10,519,625	-$3,852,592 -$0	$6,667,033
6	$11,045,750	-$4,047,258 -$0	$6,998,492
7	$11,597,750	-$4,251,498 -$0	$7,346,252
8	$12,177,925	-$4,466,163 -$0	$7,711,762
9	$12,786,850	-$4,691,465 -$0	$8,095,385
10	$13,426,250	-$4,928,043 -$0	$8,498,207
11	$14,097,275	-$5,176,322 -$0	$8,920,953
12	$14,802,225	-$5,437,154 -$0	$9,365,071
13	$15,542,250	-$5,710,963 -$0	$9,831,287
14	$16,319,650	-$5,998,601 -$0	$10,321,049
15	$17,135,575	-$6,300,493 -$0	$10,835,082
16	$17,992,325	-$6,617,491 -$0	$11,374,834
17	$18,891,625	-$6,950,232 -$0	$11,941,393
18	$19,836,350	-$7,299,780 -$0	$12,536,570
19	$20,828,225	-$7,666,774 -$0	$13,161,451
20	$21,869,550	-$8,052,064 -$0	$13,817,486
21	$22,963,200	-$8,456,714 -$0	$14,506,486
22	$24,111,475	-$8,881,576 -$0	$15,229,899
23	$25,316,675	-$9,327,500 -$0	$15,989,175
24	$26,582,825	-$9,795,976 -$0	$16,786,849
25	$27,911,650	-$10,287,641 -$0	$17,624,009
26	$29,307,750	-$10,804,198 -$0	$18,503,552
27	$30,772,850	-$11,346,285 -$0	$19,426,565
28	$32,311,550	-$11,915,604 -$0	$20,395,946
29	$33,927,300	-$12,513,431 -$0	$21,413,869
30	$35,623,550	-$13,141,044 -$0	$22,482,506