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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana 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(6.75%) | $25,089,750 | | Net Lumpsum Payment | $209,120,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,040,800 |
$4,415,426
$812,754 |
$6,812,620 |
| 2 |
$12,643,200 |
$4,638,314
$853,416 |
$7,151,470 |
| 3 |
$13,275,200 |
$4,872,154
$896,076 |
$7,506,970 |
| 4 |
$13,939,200 |
$5,117,834
$940,896 |
$7,880,470 |
| 5 |
$14,636,000 |
$5,375,650
$987,930 |
$8,272,420 |
| 6 |
$15,368,000 |
$5,646,490
$1,037,340 |
$8,684,170 |
| 7 |
$16,136,000 |
$5,930,650
$1,089,180 |
$9,116,170 |
| 8 |
$16,943,200 |
$6,229,314
$1,143,666 |
$9,570,220 |
| 9 |
$17,790,400 |
$6,542,778
$1,200,852 |
$10,046,770 |
| 10 |
$18,680,000 |
$6,871,930
$1,260,900 |
$10,547,170 |
| 11 |
$19,613,600 |
$7,217,362
$1,323,918 |
$11,072,320 |
| 12 |
$20,594,400 |
$7,580,258
$1,390,122 |
$11,624,020 |
| 13 |
$21,624,000 |
$7,961,210
$1,459,620 |
$12,203,170 |
| 14 |
$22,705,600 |
$8,361,402
$1,532,628 |
$12,811,570 |
| 15 |
$23,840,800 |
$8,781,426
$1,609,254 |
$13,450,120 |
| 16 |
$25,032,800 |
$9,222,466
$1,689,714 |
$14,120,620 |
| 17 |
$26,284,000 |
$9,685,410
$1,774,170 |
$14,824,420 |
| 18 |
$27,598,400 |
$10,171,738
$1,862,892 |
$15,563,770 |
| 19 |
$28,978,400 |
$10,682,338
$1,956,042 |
$16,340,020 |
| 20 |
$30,427,200 |
$11,218,394
$2,053,836 |
$17,154,970 |
| 21 |
$31,948,800 |
$11,781,386
$2,156,544 |
$18,010,870 |
| 22 |
$33,546,400 |
$12,372,498
$2,264,382 |
$18,909,520 |
| 23 |
$35,223,200 |
$12,992,914
$2,377,566 |
$19,852,720 |
| 24 |
$36,984,800 |
$13,644,706
$2,496,474 |
$20,843,620 |
| 25 |
$38,833,600 |
$14,328,762
$2,621,268 |
$21,883,570 |
| 26 |
$40,776,000 |
$15,047,450
$2,752,380 |
$22,976,170 |
| 27 |
$42,814,400 |
$15,801,658
$2,889,972 |
$24,122,770 |
| 28 |
$44,955,200 |
$16,593,754
$3,034,476 |
$25,326,970 |
| 29 |
$47,203,200 |
$17,425,514
$3,186,216 |
$26,591,470 |
| 30 |
$49,563,200 |
$18,298,714
$3,345,516 |
$27,918,970 |
|
|
