Washington DC Lottery

DCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Mar 11, 2025 is estimated to be $256 Million, with a cash option of 119.5 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Washington DC, your state will take 10.75% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Washington DC MEGA Millions Jackpot/Cash Option for Tue Mar 11, 2025

Draw Date	Jackpot	Cash Option
Tue Mar 11, 2025	$256,000,000	$119,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$119,500,000
Federal Tax(24%)	$28,680,000
Additional Federal Tax	$15,495,330
State Tax(10.75%)	$12,846,250
Net Lumpsum Payment	$62,478,420

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,853,056	-$1,385,961 -$414,204	$2,052,891
2	$4,045,824	-$1,457,285 -$434,926	$2,153,613
3	$4,248,064	-$1,532,114 -$456,667	$2,259,283
4	$4,460,544	-$1,610,732 -$479,508	$2,370,304
5	$4,683,520	-$1,693,233 -$503,478	$2,486,809
6	$4,917,760	-$1,779,902 -$528,659	$2,609,199
7	$5,163,520	-$1,870,833 -$555,078	$2,737,609
8	$5,421,824	-$1,966,405 -$582,846	$2,872,573
9	$5,692,928	-$2,066,714 -$611,990	$3,014,224
10	$5,977,600	-$2,172,042 -$642,592	$3,162,966
11	$6,276,352	-$2,282,581 -$674,708	$3,319,063
12	$6,590,208	-$2,398,707 -$708,447	$3,483,054
13	$6,919,680	-$2,520,612 -$743,866	$3,655,202
14	$7,265,792	-$2,648,673 -$781,073	$3,836,046
15	$7,629,056	-$2,783,081 -$820,124	$4,025,851
16	$8,010,496	-$2,924,214 -$861,128	$4,225,154
17	$8,410,880	-$3,072,356 -$904,170	$4,434,354
18	$8,831,488	-$3,227,981 -$949,385	$4,654,122
19	$9,273,088	-$3,391,373 -$996,857	$4,884,858
20	$9,736,704	-$3,562,911 -$1,046,696	$5,127,097
21	$10,223,616	-$3,743,068 -$1,099,039	$5,381,509
22	$10,734,848	-$3,932,224 -$1,153,996	$5,648,628
23	$11,271,424	-$4,130,757 -$1,211,678	$5,928,989
24	$11,835,136	-$4,339,331 -$1,272,277	$6,223,528
25	$12,426,752	-$4,558,229 -$1,335,876	$6,532,647
26	$13,048,320	-$4,788,209 -$1,402,694	$6,857,417
27	$13,700,608	-$5,029,555 -$1,472,815	$7,198,238
28	$14,385,664	-$5,283,026 -$1,546,459	$7,556,179
29	$15,105,024	-$5,549,189 -$1,623,790	$7,932,045
30	$15,860,224	-$5,828,613 -$1,704,974	$8,326,637