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 Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland 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(8.95%) | $33,267,150 | | Net Lumpsum Payment | $200,943,520 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,040,800 |
$4,415,426
$1,077,652 |
$6,547,722 |
| 2 |
$12,643,200 |
$4,638,314
$1,131,566 |
$6,873,320 |
| 3 |
$13,275,200 |
$4,872,154
$1,188,130 |
$7,214,916 |
| 4 |
$13,939,200 |
$5,117,834
$1,247,558 |
$7,573,808 |
| 5 |
$14,636,000 |
$5,375,650
$1,309,922 |
$7,950,428 |
| 6 |
$15,368,000 |
$5,646,490
$1,375,436 |
$8,346,074 |
| 7 |
$16,136,000 |
$5,930,650
$1,444,172 |
$8,761,178 |
| 8 |
$16,943,200 |
$6,229,314
$1,516,416 |
$9,197,470 |
| 9 |
$17,790,400 |
$6,542,778
$1,592,241 |
$9,655,381 |
| 10 |
$18,680,000 |
$6,871,930
$1,671,860 |
$10,136,210 |
| 11 |
$19,613,600 |
$7,217,362
$1,755,417 |
$10,640,821 |
| 12 |
$20,594,400 |
$7,580,258
$1,843,199 |
$11,170,943 |
| 13 |
$21,624,000 |
$7,961,210
$1,935,348 |
$11,727,442 |
| 14 |
$22,705,600 |
$8,361,402
$2,032,151 |
$12,312,047 |
| 15 |
$23,840,800 |
$8,781,426
$2,133,752 |
$12,925,622 |
| 16 |
$25,032,800 |
$9,222,466
$2,240,436 |
$13,569,898 |
| 17 |
$26,284,000 |
$9,685,410
$2,352,418 |
$14,246,172 |
| 18 |
$27,598,400 |
$10,171,738
$2,470,057 |
$14,956,605 |
| 19 |
$28,978,400 |
$10,682,338
$2,593,567 |
$15,702,495 |
| 20 |
$30,427,200 |
$11,218,394
$2,723,234 |
$16,485,572 |
| 21 |
$31,948,800 |
$11,781,386
$2,859,418 |
$17,307,996 |
| 22 |
$33,546,400 |
$12,372,498
$3,002,403 |
$18,171,499 |
| 23 |
$35,223,200 |
$12,992,914
$3,152,476 |
$19,077,810 |
| 24 |
$36,984,800 |
$13,644,706
$3,310,140 |
$20,029,954 |
| 25 |
$38,833,600 |
$14,328,762
$3,475,607 |
$21,029,231 |
| 26 |
$40,776,000 |
$15,047,450
$3,649,452 |
$22,079,098 |
| 27 |
$42,814,400 |
$15,801,658
$3,831,889 |
$23,180,853 |
| 28 |
$44,955,200 |
$16,593,754
$4,023,490 |
$24,337,956 |
| 29 |
$47,203,200 |
$17,425,514
$4,224,686 |
$25,553,000 |
| 30 |
$49,563,200 |
$18,298,714
$4,435,906 |
$26,828,580 |
|
|
