The jackpot for the MEGA Millions draw on Tue Nov 4, 2025, is projected to be $800 Million, with an option for a cash payout of $371.7 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 Tue Nov 4, 2025 |
|---|
| Draw Date | Tue Nov 4, 2025 | | Projected Jackpot | $800,000,000 | | Cash Value | $371,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $371,700,000 | | Federal Tax(24%) | $89,208,000 | | Additional Federal Tax | $48,281,330 | | State Tax(5.8%) | $21,558,600 | | Net Lumpsum Payment | $212,652,070 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,040,800 |
$4,415,426
$698,366 |
$6,927,008 |
| 2 |
$12,643,200 |
$4,638,314
$733,306 |
$7,271,580 |
| 3 |
$13,275,200 |
$4,872,154
$769,962 |
$7,633,084 |
| 4 |
$13,939,200 |
$5,117,834
$808,474 |
$8,012,892 |
| 5 |
$14,636,000 |
$5,375,650
$848,888 |
$8,411,462 |
| 6 |
$15,368,000 |
$5,646,490
$891,344 |
$8,830,166 |
| 7 |
$16,136,000 |
$5,930,650
$935,888 |
$9,269,462 |
| 8 |
$16,943,200 |
$6,229,314
$982,706 |
$9,731,180 |
| 9 |
$17,790,400 |
$6,542,778
$1,031,843 |
$10,215,779 |
| 10 |
$18,680,000 |
$6,871,930
$1,083,440 |
$10,724,630 |
| 11 |
$19,613,600 |
$7,217,362
$1,137,589 |
$11,258,649 |
| 12 |
$20,594,400 |
$7,580,258
$1,194,475 |
$11,819,667 |
| 13 |
$21,624,000 |
$7,961,210
$1,254,192 |
$12,408,598 |
| 14 |
$22,705,600 |
$8,361,402
$1,316,925 |
$13,027,273 |
| 15 |
$23,840,800 |
$8,781,426
$1,382,766 |
$13,676,608 |
| 16 |
$25,032,800 |
$9,222,466
$1,451,902 |
$14,358,432 |
| 17 |
$26,284,000 |
$9,685,410
$1,524,472 |
$15,074,118 |
| 18 |
$27,598,400 |
$10,171,738
$1,600,707 |
$15,825,955 |
| 19 |
$28,978,400 |
$10,682,338
$1,680,747 |
$16,615,315 |
| 20 |
$30,427,200 |
$11,218,394
$1,764,778 |
$17,444,028 |
| 21 |
$31,948,800 |
$11,781,386
$1,853,030 |
$18,314,384 |
| 22 |
$33,546,400 |
$12,372,498
$1,945,691 |
$19,228,211 |
| 23 |
$35,223,200 |
$12,992,914
$2,042,946 |
$20,187,340 |
| 24 |
$36,984,800 |
$13,644,706
$2,145,118 |
$21,194,976 |
| 25 |
$38,833,600 |
$14,328,762
$2,252,349 |
$22,252,489 |
| 26 |
$40,776,000 |
$15,047,450
$2,365,008 |
$23,363,542 |
| 27 |
$42,814,400 |
$15,801,658
$2,483,235 |
$24,529,507 |
| 28 |
$44,955,200 |
$16,593,754
$2,607,402 |
$25,754,044 |
| 29 |
$47,203,200 |
$17,425,514
$2,737,786 |
$27,039,900 |
| 30 |
$49,563,200 |
$18,298,714
$2,874,666 |
$28,389,820 |
|
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