The jackpot for the MEGA Millions draw on Fri Nov 13, 2026, is projected to be $555 Million, with an option for a cash payout of $235.2 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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina MEGA Millions Jackpot/Cash Option for Fri Nov 13, 2026 |
|---|
| Draw Date | Fri Nov 13, 2026 | | Projected Jackpot | $555,000,000 | | Cash Value | $235,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $235,200,000 | | Federal Tax(24%) | $56,448,000 | | Additional Federal Tax | $30,536,330 | | State Tax(6.9%) | $16,228,800 | | Net Lumpsum Payment | $131,986,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,353,305 |
$3,051,053
$576,378 |
$4,725,874 |
| 2 |
$8,771,220 |
$3,205,682
$605,214 |
$4,960,324 |
| 3 |
$9,209,670 |
$3,367,908
$635,467 |
$5,206,295 |
| 4 |
$9,670,320 |
$3,538,349
$667,252 |
$5,464,719 |
| 5 |
$10,153,725 |
$3,717,209
$700,607 |
$5,735,909 |
| 6 |
$10,661,550 |
$3,905,104
$735,647 |
$6,020,799 |
| 7 |
$11,194,350 |
$4,102,240
$772,410 |
$6,319,700 |
| 8 |
$11,754,345 |
$4,309,438
$811,050 |
$6,633,857 |
| 9 |
$12,342,090 |
$4,526,904
$851,604 |
$6,963,582 |
| 10 |
$12,959,250 |
$4,755,253
$894,188 |
$7,309,809 |
| 11 |
$13,606,935 |
$4,994,896
$938,879 |
$7,673,160 |
| 12 |
$14,287,365 |
$5,246,655
$985,828 |
$8,054,882 |
| 13 |
$15,001,650 |
$5,510,941
$1,035,114 |
$8,455,595 |
| 14 |
$15,752,010 |
$5,788,574
$1,086,889 |
$8,876,547 |
| 15 |
$16,539,555 |
$6,079,966
$1,141,229 |
$9,318,360 |
| 16 |
$17,366,505 |
$6,385,937
$1,198,289 |
$9,782,279 |
| 17 |
$18,234,525 |
$6,707,105
$1,258,182 |
$10,269,238 |
| 18 |
$19,146,390 |
$7,044,495
$1,321,101 |
$10,780,794 |
| 19 |
$20,103,765 |
$7,398,723
$1,387,160 |
$11,317,882 |
| 20 |
$21,108,870 |
$7,770,612
$1,456,512 |
$11,881,746 |
| 21 |
$22,164,480 |
$8,161,188
$1,529,349 |
$12,473,943 |
| 22 |
$23,272,815 |
$8,571,272
$1,605,824 |
$13,095,719 |
| 23 |
$24,436,095 |
$9,001,686
$1,686,091 |
$13,748,318 |
| 24 |
$25,658,205 |
$9,453,866
$1,770,416 |
$14,433,923 |
| 25 |
$26,940,810 |
$9,928,430
$1,858,916 |
$15,153,464 |
| 26 |
$28,288,350 |
$10,427,020
$1,951,896 |
$15,909,434 |
| 27 |
$29,702,490 |
$10,950,252
$2,049,472 |
$16,702,766 |
| 28 |
$31,187,670 |
$11,499,768
$2,151,949 |
$17,535,953 |
| 29 |
$32,747,220 |
$12,076,802
$2,259,558 |
$18,410,860 |
| 30 |
$34,384,470 |
$12,682,584
$2,372,528 |
$19,329,358 |
|
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