Washington DC Lottery

DCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Apr 29, 2025 is estimated to be $70 Million, with a cash option of 31.8 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 Apr 29, 2025

Draw Date	Jackpot	Cash Option
Tue Apr 29, 2025	$70,000,000	$31,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$31,800,000
Federal Tax(24%)	$7,632,000
Additional Federal Tax	$4,094,330
State Tax(10.75%)	$3,418,500
Net Lumpsum Payment	$16,655,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,053,570	-$350,151 -$113,259	$590,160
2	$1,106,280	-$369,654 -$118,925	$617,701
3	$1,161,580	-$390,115 -$124,870	$646,595
4	$1,219,680	-$411,612 -$131,116	$676,952
5	$1,280,650	-$434,171 -$137,670	$708,809
6	$1,344,700	-$457,869 -$144,555	$742,276
7	$1,411,900	-$482,733 -$151,779	$777,388
8	$1,482,530	-$508,866 -$159,372	$814,292
9	$1,556,660	-$536,295 -$167,341	$853,024
10	$1,634,500	-$565,095 -$175,709	$893,696
11	$1,716,190	-$595,321 -$184,490	$936,379
12	$1,802,010	-$627,074 -$193,716	$981,220
13	$1,892,100	-$660,407 -$203,401	$1,028,292
14	$1,986,740	-$695,424 -$213,575	$1,077,741
15	$2,086,070	-$732,176 -$224,253	$1,129,641
16	$2,190,370	-$770,767 -$235,465	$1,184,138
17	$2,299,850	-$811,275 -$247,234	$1,241,341
18	$2,414,860	-$853,829 -$259,597	$1,301,434
19	$2,535,610	-$898,506 -$272,578	$1,364,526
20	$2,662,380	-$945,411 -$286,206	$1,430,763
21	$2,795,520	-$994,673 -$300,518	$1,500,329
22	$2,935,310	-$1,046,395 -$315,546	$1,573,369
23	$3,082,030	-$1,100,681 -$331,318	$1,650,031
24	$3,236,170	-$1,157,713 -$347,888	$1,730,569
25	$3,397,940	-$1,217,568 -$365,279	$1,815,093
26	$3,567,900	-$1,280,453 -$383,549	$1,903,898
27	$3,746,260	-$1,346,447 -$402,723	$1,997,090
28	$3,933,580	-$1,415,755 -$422,860	$2,094,965
29	$4,130,280	-$1,488,534 -$444,005	$2,197,741
30	$4,336,780	-$1,564,939 -$466,204	$2,305,637