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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana 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(6.75%) | $10,212,750 | | Net Lumpsum Payment | $85,145,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,057,136 |
$1,831,471
$341,357 |
$2,884,308 |
| 2 |
$5,310,144 |
$1,925,084
$358,435 |
$3,026,625 |
| 3 |
$5,575,584 |
$2,023,296
$376,352 |
$3,175,936 |
| 4 |
$5,854,464 |
$2,126,482
$395,176 |
$3,332,806 |
| 5 |
$6,147,120 |
$2,234,765
$414,931 |
$3,497,424 |
| 6 |
$6,454,560 |
$2,348,518
$435,683 |
$3,670,359 |
| 7 |
$6,777,120 |
$2,467,865
$457,456 |
$3,851,799 |
| 8 |
$7,116,144 |
$2,593,304
$480,340 |
$4,042,500 |
| 9 |
$7,471,968 |
$2,724,959
$504,358 |
$4,242,651 |
| 10 |
$7,845,600 |
$2,863,202
$529,578 |
$4,452,820 |
| 11 |
$8,237,712 |
$3,008,284
$556,046 |
$4,673,382 |
| 12 |
$8,649,648 |
$3,160,700
$583,851 |
$4,905,097 |
| 13 |
$9,082,080 |
$3,320,700
$613,040 |
$5,148,340 |
| 14 |
$9,536,352 |
$3,488,781
$643,704 |
$5,403,867 |
| 15 |
$10,013,136 |
$3,665,191
$675,887 |
$5,672,058 |
| 16 |
$10,513,776 |
$3,850,428
$709,680 |
$5,953,668 |
| 17 |
$11,039,280 |
$4,044,864
$745,151 |
$6,249,265 |
| 18 |
$11,591,328 |
$4,249,122
$782,415 |
$6,559,791 |
| 19 |
$12,170,928 |
$4,463,574
$821,538 |
$6,885,816 |
| 20 |
$12,779,424 |
$4,688,717
$862,611 |
$7,228,096 |
| 21 |
$13,418,496 |
$4,925,174
$905,748 |
$7,587,574 |
| 22 |
$14,089,488 |
$5,173,441
$951,040 |
$7,965,007 |
| 23 |
$14,793,744 |
$5,434,016
$998,578 |
$8,361,150 |
| 24 |
$15,533,616 |
$5,707,768
$1,048,519 |
$8,777,329 |
| 25 |
$16,310,112 |
$5,995,072
$1,100,933 |
$9,214,107 |
| 26 |
$17,125,920 |
$6,296,921
$1,156,000 |
$9,672,999 |
| 27 |
$17,982,048 |
$6,613,688
$1,213,788 |
$10,154,572 |
| 28 |
$18,881,184 |
$6,946,368
$1,274,480 |
$10,660,336 |
| 29 |
$19,825,344 |
$7,295,708
$1,338,211 |
$11,191,425 |
| 30 |
$20,816,544 |
$7,662,452
$1,405,117 |
$11,748,975 |
|
|
