Idaho Lottery

IDLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Oct 14, 2025 is estimated to be $600 Million, with a cash option of 277.2 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 Idaho, your state will take 5.8% 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.

Idaho MEGA Millions Jackpot/Cash Option for Tue Oct 14, 2025

Draw Date	Jackpot	Cash Option
Tue Oct 14, 2025	$600,000,000	$277,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$277,200,000
Federal Tax(24%)	$66,528,000
Additional Federal Tax	$35,996,330
State Tax(5.8%)	$16,077,600
Net Lumpsum Payment	$158,598,070

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,030,600	-$3,301,652 -$523,775	$5,205,173
2	$9,482,400	-$3,468,818 -$549,979	$5,463,603
3	$9,956,400	-$3,644,198 -$577,471	$5,734,731
4	$10,454,400	-$3,828,458 -$606,355	$6,019,587
5	$10,977,000	-$4,021,820 -$636,666	$6,318,514
6	$11,526,000	-$4,224,950 -$668,508	$6,632,542
7	$12,102,000	-$4,438,070 -$701,916	$6,962,014
8	$12,707,400	-$4,662,068 -$737,029	$7,308,303
9	$13,342,800	-$4,897,166 -$773,882	$7,671,752
10	$14,010,000	-$5,144,030 -$812,580	$8,053,390
11	$14,710,200	-$5,403,104 -$853,192	$8,453,904
12	$15,445,800	-$5,675,276 -$895,856	$8,874,668
13	$16,218,000	-$5,960,990 -$940,644	$9,316,366
14	$17,029,200	-$6,261,134 -$987,694	$9,780,372
15	$17,880,600	-$6,576,152 -$1,037,075	$10,267,373
16	$18,774,600	-$6,906,932 -$1,088,927	$10,778,741
17	$19,713,000	-$7,254,140 -$1,143,354	$11,315,506
18	$20,698,800	-$7,618,886 -$1,200,530	$11,879,384
19	$21,733,800	-$8,001,836 -$1,260,560	$12,471,404
20	$22,820,400	-$8,403,878 -$1,323,583	$13,092,939
21	$23,961,600	-$8,826,122 -$1,389,773	$13,745,705
22	$25,159,800	-$9,269,456 -$1,459,268	$14,431,076
23	$26,417,400	-$9,734,768 -$1,532,209	$15,150,423
24	$27,738,600	-$10,223,612 -$1,608,839	$15,906,149
25	$29,125,200	-$10,736,654 -$1,689,262	$16,699,284
26	$30,582,000	-$11,275,670 -$1,773,756	$17,532,574
27	$32,110,800	-$11,841,326 -$1,862,426	$18,407,048
28	$33,716,400	-$12,435,398 -$1,955,551	$19,325,451
29	$35,402,400	-$13,059,218 -$2,053,339	$20,289,843
30	$37,172,400	-$13,714,118 -$2,155,999	$21,302,283