Jackpot Analysis Dist. of Columbia Mega Millions

Jackpot Analysis for Dist. of Columbia Mega Millions
The jackpot for the MEGA Millions draw on Tue Oct 28, 2025, is projected to be $714 Million, with an option for a cash payout of $334.1 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Washington DC residents, the state will deduct 10.75% from your lottery earnings.

Washington DC MEGA Millions Jackpot/Cash Option for Tue Oct 28, 2025
Draw DateTue Oct 28, 2025
Projected Jackpot$714,000,000
Cash Value$334,100,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$334,100,000
Federal Tax(24%)$80,184,000
Additional Federal Tax$43,393,330
State Tax(10.75%)$35,915,750
Net Lumpsum Payment$174,606,920
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $10,746,414 $3,936,504
$1,155,240
$5,654,670
2 $11,284,056 $4,135,431
$1,213,036
$5,935,589
3 $11,848,116 $4,344,133
$1,273,672
$6,230,311
4 $12,440,736 $4,563,403
$1,337,379
$6,539,954
5 $13,062,630 $4,793,503
$1,404,233
$6,864,894
6 $13,715,940 $5,035,228
$1,474,464
$7,206,248
7 $14,401,380 $5,288,841
$1,548,148
$7,564,391
8 $15,121,806 $5,555,399
$1,625,594
$7,940,813
9 $15,877,932 $5,835,165
$1,706,878
$8,335,889
10 $16,671,900 $6,128,933
$1,792,229
$8,750,738
11 $17,505,138 $6,437,231
$1,881,802
$9,186,105
12 $18,380,502 $6,761,116
$1,975,904
$9,643,482
13 $19,299,420 $7,101,116
$2,074,688
$10,123,616
14 $20,264,748 $7,458,287
$2,178,460
$10,628,001
15 $21,277,914 $7,833,159
$2,287,376
$11,157,379
16 $22,341,774 $8,226,787
$2,401,741
$11,713,246
17 $23,458,470 $8,639,964
$2,521,786
$12,296,720
18 $24,631,572 $9,074,012
$2,647,894
$12,909,666
19 $25,863,222 $9,529,723
$2,780,296
$13,553,203
20 $27,156,276 $10,008,153
$2,919,300
$14,228,823
21 $28,514,304 $10,510,623
$3,065,288
$14,938,393
22 $29,940,162 $11,038,190
$3,218,567
$15,683,405
23 $31,436,706 $11,591,912
$3,379,446
$16,465,348
24 $33,008,934 $12,173,636
$3,548,460
$17,286,838
25 $34,658,988 $12,784,156
$3,725,841
$18,148,991
26 $36,392,580 $13,425,585
$3,912,202
$19,054,793
27 $38,211,852 $14,098,716
$4,107,774
$20,005,362
28 $40,122,516 $14,805,661
$4,313,170
$21,003,685
29 $42,128,856 $15,548,007
$4,528,852
$22,051,997
30 $44,235,156 $16,327,338
$4,755,279
$23,152,539