The Mega Millions jackpot reaches $825 million, and the amount you'd receive after taxes varies by state in the U.S.

The Mega Millions jackpot reaches $825 million, and the amount you'd receive after taxes varies by state in the U.S.
The Mega Millions jackpot reaches $825 million, and the amount you'd receive after taxes varies by state in the U.S.

The Mega Millions jackpot has reached $825 million, making it the seventh-largest prize in the game's history, just before the Friday night draw.

In order to win the jackpot, you must match all five white balls and the gold Mega Ball.

The amount you'd actually receive depends on the tax laws in your state and the payout option you choose.

The annuity option for winners pays the full jackpot amount over 30 years, while the one-time cash lump sum is worth about 46% of the total and is chosen by many winners for its immediate payout.

When you win a jackpot, you'll need to pay both federal and state taxes, with the IRS automatically withholding 24% of your winnings. However, since the jackpot would push you into the highest tax bracket, you'll owe a total of 37% when you file your tax return.

The tax rate on lottery winnings varies between 2.5% and 10.9%, except for eight states that do not impose any taxes on lottery winnings: California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. Additionally, five states, namely Alabama, Alaska, Hawaii, Nevada, and Utah, do not participate in the Mega Millions lottery.

The next draw for the lottery is on Friday at 11 p.m. ET. If no winner is selected, the jackpot will carry over to Tuesday at 11 p.m. ET for the next draw.

We provide a breakdown of lump sum and annuity payouts in every state, including Washington, D.C., for those who are fortunate enough to win the 1 in 302.5 million odds. The prize amounts for both lump sum and annuity payouts are calculated by usamega.com.

Arizona

  • Lump sum: $231,272,812
  • Annuity: $500,379,360

Arkansas

  • Lump sum: $225,922,012
  • Annuity: $488,829,360

California

  • Lump sum: $240,827,812
  • Annuity: $521,004,360

Colorado

  • Lump sum: $224,011,012
  • Annuity: $484,704,360

Connecticut

  • Lump sum: $214,112,032
  • Annuity: $463,336,860

Delaware

  • Lump sum: $215,602,612
  • Annuity: $466,554,360

Florida

  • Lump sum: $240,827,812
  • Annuity: $521,004,360

Georgia

  • Lump sum: $219,845,032
  • Annuity: $475,711,860

Idaho

  • Lump sum: $219,061,522
  • Annuity: $474,020,610

Illinois

  • Lump sum: $221,908,912
  • Annuity: $480,166,860

Indiana

  • Lump sum: $229,170,712
  • Annuity: $495,841,860

Iowa

  • Lump sum: $219,042,412
  • Annuity: $473,979,360

Kansas

  • Lump sum: $219,042,412
  • Annuity: $473,979,360

Kentucky

  • Lump sum: $225,539,812
  • Annuity: $488,004,360

Louisiana

  • Lump sum: $222,673,312
  • Annuity: $481,816,860

Maine

  • Lump sum: $213,500,512
  • Annuity: $462,016,860

Maryland

  • Lump sum: $206,620,912
  • Annuity: $447,166,860

Massachusetts

  • Lump sum: $206,429,812
  • Annuity: $446,754,360

Michigan

  • Lump sum: $224,584,312
  • Annuity: $485,941,860

Minnesota

  • Lump sum: $203,181,112
  • Annuity: $439,741,860

Mississippi

  • Lump sum: $222,864,412
  • Annuity: $482,229,360

Missouri

  • Lump sum: $221,908,912
  • Annuity: $480,166,860

Montana

  • Lump sum: $218,278,012
  • Annuity: $472,329,360

Nebraska

  • Lump sum: $218,507,332
  • Annuity: $472,824,360

New Hampshire

  • Lump sum: $240,827,812
  • Annuity: $521,004,360

New Jersey

  • Lump sum: $199,741,312
  • Annuity: $432,316,860

New Mexico

  • Lump sum: $218,278,012
  • Annuity: $472,329,360

New York

  • Lump sum: $199,168,012
  • Annuity: $431,079,360

North Carolina

  • Lump sum: $223,628,812
  • Annuity: $483,879,360

North Dakota

  • Lump sum: $229,744,012
  • Annuity: $497,079,360

Ohio

  • Lump sum: $227,450,812
  • Annuity: $492,129,360

Oklahoma

  • Lump sum: $222,673,312
  • Annuity: $481,816,860

Oregon

  • Lump sum: $202,990,012
  • Annuity: $439,329,360

Pennsylvania

  • Lump sum: $229,094,272
  • Annuity: $495,676,860

Rhode Island

  • Lump sum: $217,934,032
  • Annuity: $471,586,860

South Carolina

  • Lump sum: $216,367,012
  • Annuity: $468,204,360

South Dakota

  • Lump sum: $240,827,812
  • Annuity: $521,004,360

Tennessee

  • Lump sum: $240,827,812
  • Annuity: $521,004,360

Texas

  • Lump sum: $240,827,812
  • Annuity: $521,004,360

Vermont

  • Lump sum: $207,385,312
  • Annuity: $448,816,860

Virginia

  • Lump sum: $218,851,312
  • Annuity: $473,566,860

Washington

  • Lump sum: $240,827,812
  • Annuity: $521,004,360

Washington, D.C.

  • Lump sum: $199,741,312
  • Annuity: $432,316,860

West Virginia

  • Lump sum: $215,984,812
  • Annuity: $467,379,360

Wisconsin

  • Lump sum: $211,589,512
  • Annuity: $457,891,860

Wyoming

  • Lump sum: $240,827,812
  • Annuity: $521,004,360

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