The jackpot for the MEGA Millions draw on Fri Dec 26, 2025, is projected to be $125 Million, with an option for a cash payout of $56.9 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 Vermont residents, the state will deduct 6% from your lottery earnings.
| Vermont MEGA Millions Jackpot/Cash Option for Fri Dec 26, 2025 |
|---|
| Draw Date | Fri Dec 26, 2025 | | Projected Jackpot | $125,000,000 | | Cash Value | $56,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $56,900,000 | | Federal Tax(24%) | $13,656,000 | | Additional Federal Tax | $7,357,330 | | State Tax(6%) | $3,414,000 | | Net Lumpsum Payment | $32,472,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,881,375 |
$656,439
$112,883 |
$1,112,053 |
| 2 |
$1,975,500 |
$691,265
$118,530 |
$1,165,705 |
| 3 |
$2,074,250 |
$727,803
$124,455 |
$1,221,992 |
| 4 |
$2,178,000 |
$766,190
$130,680 |
$1,281,130 |
| 5 |
$2,286,875 |
$806,474
$137,213 |
$1,343,188 |
| 6 |
$2,401,250 |
$848,793
$144,075 |
$1,408,382 |
| 7 |
$2,521,250 |
$893,193
$151,275 |
$1,476,782 |
| 8 |
$2,647,375 |
$939,859
$158,843 |
$1,548,673 |
| 9 |
$2,779,750 |
$988,838
$166,785 |
$1,624,127 |
| 10 |
$2,918,750 |
$1,040,268
$175,125 |
$1,703,357 |
| 11 |
$3,064,625 |
$1,094,242
$183,878 |
$1,786,505 |
| 12 |
$3,217,875 |
$1,150,944
$193,073 |
$1,873,858 |
| 13 |
$3,378,750 |
$1,210,468
$202,725 |
$1,965,557 |
| 14 |
$3,547,750 |
$1,272,998
$212,865 |
$2,061,887 |
| 15 |
$3,725,125 |
$1,338,627
$223,508 |
$2,162,990 |
| 16 |
$3,911,375 |
$1,407,539
$234,683 |
$2,269,153 |
| 17 |
$4,106,875 |
$1,479,874
$246,413 |
$2,380,588 |
| 18 |
$4,312,250 |
$1,555,863
$258,735 |
$2,497,652 |
| 19 |
$4,527,875 |
$1,635,644
$271,673 |
$2,620,558 |
| 20 |
$4,754,250 |
$1,719,403
$285,255 |
$2,749,592 |
| 21 |
$4,992,000 |
$1,807,370
$299,520 |
$2,885,110 |
| 22 |
$5,241,625 |
$1,899,732
$314,498 |
$3,027,395 |
| 23 |
$5,503,625 |
$1,996,672
$330,218 |
$3,176,735 |
| 24 |
$5,778,875 |
$2,098,514
$346,733 |
$3,333,628 |
| 25 |
$6,067,750 |
$2,205,398
$364,065 |
$3,498,287 |
| 26 |
$6,371,250 |
$2,317,693
$382,275 |
$3,671,282 |
| 27 |
$6,689,750 |
$2,435,538
$401,385 |
$3,852,827 |
| 28 |
$7,024,250 |
$2,559,303
$421,455 |
$4,043,492 |
| 29 |
$7,375,500 |
$2,689,265
$442,530 |
$4,243,705 |
| 30 |
$7,744,250 |
$2,825,703
$464,655 |
$4,453,892 |
|
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