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 Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland 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(8.95%) | $13,541,350 | | Net Lumpsum Payment | $81,817,320 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,057,136 |
$1,831,471
$452,614 |
$2,773,051 |
| 2 |
$5,310,144 |
$1,925,084
$475,258 |
$2,909,802 |
| 3 |
$5,575,584 |
$2,023,296
$499,015 |
$3,053,273 |
| 4 |
$5,854,464 |
$2,126,482
$523,975 |
$3,204,007 |
| 5 |
$6,147,120 |
$2,234,765
$550,167 |
$3,362,188 |
| 6 |
$6,454,560 |
$2,348,518
$577,683 |
$3,528,359 |
| 7 |
$6,777,120 |
$2,467,865
$606,552 |
$3,702,703 |
| 8 |
$7,116,144 |
$2,593,304
$636,895 |
$3,885,945 |
| 9 |
$7,471,968 |
$2,724,959
$668,741 |
$4,078,268 |
| 10 |
$7,845,600 |
$2,863,202
$702,181 |
$4,280,217 |
| 11 |
$8,237,712 |
$3,008,284
$737,275 |
$4,492,153 |
| 12 |
$8,649,648 |
$3,160,700
$774,143 |
$4,714,805 |
| 13 |
$9,082,080 |
$3,320,700
$812,846 |
$4,948,534 |
| 14 |
$9,536,352 |
$3,488,781
$853,504 |
$5,194,067 |
| 15 |
$10,013,136 |
$3,665,191
$896,176 |
$5,451,769 |
| 16 |
$10,513,776 |
$3,850,428
$940,983 |
$5,722,365 |
| 17 |
$11,039,280 |
$4,044,864
$988,016 |
$6,006,400 |
| 18 |
$11,591,328 |
$4,249,122
$1,037,424 |
$6,304,782 |
| 19 |
$12,170,928 |
$4,463,574
$1,089,298 |
$6,618,056 |
| 20 |
$12,779,424 |
$4,688,717
$1,143,758 |
$6,946,949 |
| 21 |
$13,418,496 |
$4,925,174
$1,200,955 |
$7,292,367 |
| 22 |
$14,089,488 |
$5,173,441
$1,261,009 |
$7,655,038 |
| 23 |
$14,793,744 |
$5,434,016
$1,324,040 |
$8,035,688 |
| 24 |
$15,533,616 |
$5,707,768
$1,390,259 |
$8,435,589 |
| 25 |
$16,310,112 |
$5,995,072
$1,459,755 |
$8,855,285 |
| 26 |
$17,125,920 |
$6,296,921
$1,532,770 |
$9,296,229 |
| 27 |
$17,982,048 |
$6,613,688
$1,609,393 |
$9,758,967 |
| 28 |
$18,881,184 |
$6,946,368
$1,689,866 |
$10,244,950 |
| 29 |
$19,825,344 |
$7,295,708
$1,774,368 |
$10,755,268 |
| 30 |
$20,816,544 |
$7,662,452
$1,863,081 |
$11,291,011 |
|
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