The jackpot for the MEGA Millions draw on Tue Dec 30, 2025, is projected to be $138 Million, with an option for a cash payout of $63.3 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 Rhode Island residents, the state will deduct 5.99% from your lottery earnings.
| Rhode Island MEGA Millions Jackpot/Cash Option for Tue Dec 30, 2025 |
|---|
| Draw Date | Tue Dec 30, 2025 | | Projected Jackpot | $138,000,000 | | Cash Value | $63,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $63,300,000 | | Federal Tax(24%) | $15,192,000 | | Additional Federal Tax | $8,189,330 | | State Tax(5.99%) | $3,791,670 | | Net Lumpsum Payment | $36,127,000 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,077,038 |
$728,834
$124,415 |
$1,223,789 |
| 2 |
$2,180,952 |
$767,283
$130,639 |
$1,283,030 |
| 3 |
$2,289,972 |
$807,620
$137,169 |
$1,345,183 |
| 4 |
$2,404,512 |
$850,000
$144,030 |
$1,410,482 |
| 5 |
$2,524,710 |
$894,473
$151,230 |
$1,479,007 |
| 6 |
$2,650,980 |
$941,193
$158,794 |
$1,550,993 |
| 7 |
$2,783,460 |
$990,211
$166,729 |
$1,626,520 |
| 8 |
$2,922,702 |
$1,041,730
$175,070 |
$1,705,902 |
| 9 |
$3,068,844 |
$1,095,803
$183,824 |
$1,789,217 |
| 10 |
$3,222,300 |
$1,152,581
$193,016 |
$1,876,703 |
| 11 |
$3,383,346 |
$1,212,168
$202,662 |
$1,968,516 |
| 12 |
$3,552,534 |
$1,274,768
$212,797 |
$2,064,969 |
| 13 |
$3,730,140 |
$1,340,482
$223,435 |
$2,166,223 |
| 14 |
$3,916,716 |
$1,409,515
$234,611 |
$2,272,590 |
| 15 |
$4,112,538 |
$1,481,969
$246,341 |
$2,384,228 |
| 16 |
$4,318,158 |
$1,558,049
$258,658 |
$2,501,451 |
| 17 |
$4,533,990 |
$1,637,907
$271,586 |
$2,624,497 |
| 18 |
$4,760,724 |
$1,721,798
$285,167 |
$2,753,759 |
| 19 |
$4,998,774 |
$1,809,877
$299,427 |
$2,889,470 |
| 20 |
$5,248,692 |
$1,902,346
$314,397 |
$3,031,949 |
| 21 |
$5,511,168 |
$1,999,463
$330,119 |
$3,181,586 |
| 22 |
$5,786,754 |
$2,101,429
$346,627 |
$3,338,698 |
| 23 |
$6,076,002 |
$2,208,451
$363,953 |
$3,503,598 |
| 24 |
$6,379,878 |
$2,320,885
$382,155 |
$3,676,838 |
| 25 |
$6,698,796 |
$2,438,885
$401,258 |
$3,858,653 |
| 26 |
$7,033,860 |
$2,562,859
$421,328 |
$4,049,673 |
| 27 |
$7,385,484 |
$2,692,959
$442,390 |
$4,250,135 |
| 28 |
$7,754,772 |
$2,829,596
$464,511 |
$4,460,665 |
| 29 |
$8,142,552 |
$2,973,075
$487,739 |
$4,681,738 |
| 30 |
$8,549,652 |
$3,123,702
$512,124 |
$4,913,826 |
|
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