The jackpot for the MEGA Millions draw on Fri Sep 5, 2025, is projected to be $336 Million, with an option for a cash payout of $151.3 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho MEGA Millions Jackpot/Cash Option for Fri Sep 5, 2025 |
|---|
| Draw Date | Fri Sep 5, 2025 | | Projected Jackpot | $336,000,000 | | Cash Value | $151,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $151,300,000 | | Federal Tax(24%) | $36,312,000 | | Additional Federal Tax | $19,629,330 | | State Tax(5.8%) | $8,775,400 | | Net Lumpsum Payment | $86,583,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,057,136 |
$1,831,471
$293,314 |
$2,932,351 |
| 2 |
$5,310,144 |
$1,925,084
$307,988 |
$3,077,072 |
| 3 |
$5,575,584 |
$2,023,296
$323,384 |
$3,228,904 |
| 4 |
$5,854,464 |
$2,126,482
$339,559 |
$3,388,423 |
| 5 |
$6,147,120 |
$2,234,765
$356,533 |
$3,555,822 |
| 6 |
$6,454,560 |
$2,348,518
$374,364 |
$3,731,678 |
| 7 |
$6,777,120 |
$2,467,865
$393,073 |
$3,916,182 |
| 8 |
$7,116,144 |
$2,593,304
$412,736 |
$4,110,104 |
| 9 |
$7,471,968 |
$2,724,959
$433,374 |
$4,313,635 |
| 10 |
$7,845,600 |
$2,863,202
$455,045 |
$4,527,353 |
| 11 |
$8,237,712 |
$3,008,284
$477,787 |
$4,751,641 |
| 12 |
$8,649,648 |
$3,160,700
$501,680 |
$4,987,268 |
| 13 |
$9,082,080 |
$3,320,700
$526,761 |
$5,234,619 |
| 14 |
$9,536,352 |
$3,488,781
$553,108 |
$5,494,463 |
| 15 |
$10,013,136 |
$3,665,191
$580,762 |
$5,767,183 |
| 16 |
$10,513,776 |
$3,850,428
$609,799 |
$6,053,549 |
| 17 |
$11,039,280 |
$4,044,864
$640,278 |
$6,354,138 |
| 18 |
$11,591,328 |
$4,249,122
$672,297 |
$6,669,909 |
| 19 |
$12,170,928 |
$4,463,574
$705,914 |
$7,001,440 |
| 20 |
$12,779,424 |
$4,688,717
$741,207 |
$7,349,500 |
| 21 |
$13,418,496 |
$4,925,174
$778,273 |
$7,715,049 |
| 22 |
$14,089,488 |
$5,173,441
$817,190 |
$8,098,857 |
| 23 |
$14,793,744 |
$5,434,016
$858,037 |
$8,501,691 |
| 24 |
$15,533,616 |
$5,707,768
$900,950 |
$8,924,898 |
| 25 |
$16,310,112 |
$5,995,072
$945,986 |
$9,369,054 |
| 26 |
$17,125,920 |
$6,296,921
$993,303 |
$9,835,696 |
| 27 |
$17,982,048 |
$6,613,688
$1,042,959 |
$10,325,401 |
| 28 |
$18,881,184 |
$6,946,368
$1,095,109 |
$10,839,707 |
| 29 |
$19,825,344 |
$7,295,708
$1,149,870 |
$11,379,766 |
| 30 |
$20,816,544 |
$7,662,452
$1,207,360 |
$11,946,732 |
|
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