The jackpot for the MEGA Millions draw on Tue Nov 4, 2025, is projected to be $800 Million, with an option for a cash payout of $371.7 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky MEGA Millions Jackpot/Cash Option for Tue Nov 4, 2025 |
|---|
| Draw Date | Tue Nov 4, 2025 | | Projected Jackpot | $800,000,000 | | Cash Value | $371,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $371,700,000 | | Federal Tax(24%) | $89,208,000 | | Additional Federal Tax | $48,281,330 | | State Tax(4.5%) | $16,726,500 | | Net Lumpsum Payment | $217,484,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,040,800 |
$4,415,426
$541,836 |
$7,083,538 |
| 2 |
$12,643,200 |
$4,638,314
$568,944 |
$7,435,942 |
| 3 |
$13,275,200 |
$4,872,154
$597,384 |
$7,805,662 |
| 4 |
$13,939,200 |
$5,117,834
$627,264 |
$8,194,102 |
| 5 |
$14,636,000 |
$5,375,650
$658,620 |
$8,601,730 |
| 6 |
$15,368,000 |
$5,646,490
$691,560 |
$9,029,950 |
| 7 |
$16,136,000 |
$5,930,650
$726,120 |
$9,479,230 |
| 8 |
$16,943,200 |
$6,229,314
$762,444 |
$9,951,442 |
| 9 |
$17,790,400 |
$6,542,778
$800,568 |
$10,447,054 |
| 10 |
$18,680,000 |
$6,871,930
$840,600 |
$10,967,470 |
| 11 |
$19,613,600 |
$7,217,362
$882,612 |
$11,513,626 |
| 12 |
$20,594,400 |
$7,580,258
$926,748 |
$12,087,394 |
| 13 |
$21,624,000 |
$7,961,210
$973,080 |
$12,689,710 |
| 14 |
$22,705,600 |
$8,361,402
$1,021,752 |
$13,322,446 |
| 15 |
$23,840,800 |
$8,781,426
$1,072,836 |
$13,986,538 |
| 16 |
$25,032,800 |
$9,222,466
$1,126,476 |
$14,683,858 |
| 17 |
$26,284,000 |
$9,685,410
$1,182,780 |
$15,415,810 |
| 18 |
$27,598,400 |
$10,171,738
$1,241,928 |
$16,184,734 |
| 19 |
$28,978,400 |
$10,682,338
$1,304,028 |
$16,992,034 |
| 20 |
$30,427,200 |
$11,218,394
$1,369,224 |
$17,839,582 |
| 21 |
$31,948,800 |
$11,781,386
$1,437,696 |
$18,729,718 |
| 22 |
$33,546,400 |
$12,372,498
$1,509,588 |
$19,664,314 |
| 23 |
$35,223,200 |
$12,992,914
$1,585,044 |
$20,645,242 |
| 24 |
$36,984,800 |
$13,644,706
$1,664,316 |
$21,675,778 |
| 25 |
$38,833,600 |
$14,328,762
$1,747,512 |
$22,757,326 |
| 26 |
$40,776,000 |
$15,047,450
$1,834,920 |
$23,893,630 |
| 27 |
$42,814,400 |
$15,801,658
$1,926,648 |
$25,086,094 |
| 28 |
$44,955,200 |
$16,593,754
$2,022,984 |
$26,338,462 |
| 29 |
$47,203,200 |
$17,425,514
$2,124,144 |
$27,653,542 |
| 30 |
$49,563,200 |
$18,298,714
$2,230,344 |
$29,034,142 |
|
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