The jackpot for the MEGA Millions draw on Fri Dec 12, 2025, is projected to be $70 Million, with an option for a cash payout of $32 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 Connecticut residents, the state will deduct 6.99% from your lottery earnings.
| Connecticut MEGA Millions Jackpot/Cash Option for Fri Dec 12, 2025 |
|---|
| Draw Date | Fri Dec 12, 2025 | | Projected Jackpot | $70,000,000 | | Cash Value | $32,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $32,000,000 | | Federal Tax(24%) | $7,680,000 | | Additional Federal Tax | $4,120,330 | | State Tax(6.99%) | $2,236,800 | | Net Lumpsum Payment | $17,962,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,053,570 |
$350,151
$73,645 |
$629,774 |
| 2 |
$1,106,280 |
$369,654
$77,329 |
$659,297 |
| 3 |
$1,161,580 |
$390,115
$81,194 |
$690,271 |
| 4 |
$1,219,680 |
$411,612
$85,256 |
$722,812 |
| 5 |
$1,280,650 |
$434,171
$89,517 |
$756,962 |
| 6 |
$1,344,700 |
$457,869
$93,995 |
$792,836 |
| 7 |
$1,411,900 |
$482,733
$98,692 |
$830,475 |
| 8 |
$1,482,530 |
$508,866
$103,629 |
$870,035 |
| 9 |
$1,556,660 |
$536,295
$108,811 |
$911,554 |
| 10 |
$1,634,500 |
$565,095
$114,252 |
$955,153 |
| 11 |
$1,716,190 |
$595,321
$119,962 |
$1,000,907 |
| 12 |
$1,802,010 |
$627,074
$125,960 |
$1,048,976 |
| 13 |
$1,892,100 |
$660,407
$132,258 |
$1,099,435 |
| 14 |
$1,986,740 |
$695,424
$138,873 |
$1,152,443 |
| 15 |
$2,086,070 |
$732,176
$145,816 |
$1,208,078 |
| 16 |
$2,190,370 |
$770,767
$153,107 |
$1,266,496 |
| 17 |
$2,299,850 |
$811,275
$160,760 |
$1,327,815 |
| 18 |
$2,414,860 |
$853,829
$168,799 |
$1,392,232 |
| 19 |
$2,535,610 |
$898,506
$177,239 |
$1,459,865 |
| 20 |
$2,662,380 |
$945,411
$186,100 |
$1,530,869 |
| 21 |
$2,795,520 |
$994,673
$195,407 |
$1,605,440 |
| 22 |
$2,935,310 |
$1,046,395
$205,178 |
$1,683,737 |
| 23 |
$3,082,030 |
$1,100,681
$215,434 |
$1,765,915 |
| 24 |
$3,236,170 |
$1,157,713
$226,208 |
$1,852,249 |
| 25 |
$3,397,940 |
$1,217,568
$237,516 |
$1,942,856 |
| 26 |
$3,567,900 |
$1,280,453
$249,396 |
$2,038,051 |
| 27 |
$3,746,260 |
$1,346,447
$261,864 |
$2,137,949 |
| 28 |
$3,933,580 |
$1,415,755
$274,957 |
$2,242,868 |
| 29 |
$4,130,280 |
$1,488,534
$288,707 |
$2,353,039 |
| 30 |
$4,336,780 |
$1,564,939
$303,141 |
$2,468,700 |
|
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