The jackpot for the MEGA Millions draw on Tue Oct 28, 2025, is projected to be $714 Million, with an option for a cash payout of $334.1 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 Maine residents, the state will deduct 5% from your lottery earnings.
| Maine MEGA Millions Jackpot/Cash Option for Tue Oct 28, 2025 |
|---|
| Draw Date | Tue Oct 28, 2025 | | Projected Jackpot | $714,000,000 | | Cash Value | $334,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $334,100,000 | | Federal Tax(24%) | $80,184,000 | | Additional Federal Tax | $43,393,330 | | State Tax(5%) | $16,705,000 | | Net Lumpsum Payment | $193,817,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$10,746,414 |
$3,936,504
$537,321 |
$6,272,589 |
| 2 |
$11,284,056 |
$4,135,431
$564,203 |
$6,584,422 |
| 3 |
$11,848,116 |
$4,344,133
$592,406 |
$6,911,577 |
| 4 |
$12,440,736 |
$4,563,403
$622,037 |
$7,255,296 |
| 5 |
$13,062,630 |
$4,793,503
$653,132 |
$7,615,995 |
| 6 |
$13,715,940 |
$5,035,228
$685,797 |
$7,994,915 |
| 7 |
$14,401,380 |
$5,288,841
$720,069 |
$8,392,470 |
| 8 |
$15,121,806 |
$5,555,399
$756,090 |
$8,810,317 |
| 9 |
$15,877,932 |
$5,835,165
$793,897 |
$9,248,870 |
| 10 |
$16,671,900 |
$6,128,933
$833,595 |
$9,709,372 |
| 11 |
$17,505,138 |
$6,437,231
$875,257 |
$10,192,650 |
| 12 |
$18,380,502 |
$6,761,116
$919,025 |
$10,700,361 |
| 13 |
$19,299,420 |
$7,101,116
$964,971 |
$11,233,333 |
| 14 |
$20,264,748 |
$7,458,287
$1,013,237 |
$11,793,224 |
| 15 |
$21,277,914 |
$7,833,159
$1,063,896 |
$12,380,859 |
| 16 |
$22,341,774 |
$8,226,787
$1,117,089 |
$12,997,898 |
| 17 |
$23,458,470 |
$8,639,964
$1,172,924 |
$13,645,582 |
| 18 |
$24,631,572 |
$9,074,012
$1,231,579 |
$14,325,981 |
| 19 |
$25,863,222 |
$9,529,723
$1,293,161 |
$15,040,338 |
| 20 |
$27,156,276 |
$10,008,153
$1,357,814 |
$15,790,309 |
| 21 |
$28,514,304 |
$10,510,623
$1,425,715 |
$16,577,966 |
| 22 |
$29,940,162 |
$11,038,190
$1,497,008 |
$17,404,964 |
| 23 |
$31,436,706 |
$11,591,912
$1,571,835 |
$18,272,959 |
| 24 |
$33,008,934 |
$12,173,636
$1,650,447 |
$19,184,851 |
| 25 |
$34,658,988 |
$12,784,156
$1,732,949 |
$20,141,883 |
| 26 |
$36,392,580 |
$13,425,585
$1,819,629 |
$21,147,366 |
| 27 |
$38,211,852 |
$14,098,716
$1,910,593 |
$22,202,543 |
| 28 |
$40,122,516 |
$14,805,661
$2,006,126 |
$23,310,729 |
| 29 |
$42,128,856 |
$15,548,007
$2,106,443 |
$24,474,406 |
| 30 |
$44,235,156 |
$16,327,338
$2,211,758 |
$25,696,060 |
|
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