The jackpot for the MEGA Millions draw on Fri Nov 14, 2025, is projected to be $965 Million, with an option for a cash payout of $445.3 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 Virginia residents, the state will deduct 4% from your lottery earnings.
| Virginia MEGA Millions Jackpot/Cash Option for Fri Nov 14, 2025 |
|---|
| Draw Date | Fri Nov 14, 2025 | | Projected Jackpot | $965,000,000 | | Cash Value | $445,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $445,300,000 | | Federal Tax(24%) | $106,872,000 | | Additional Federal Tax | $57,849,330 | | State Tax(4%) | $17,812,000 | | Net Lumpsum Payment | $262,766,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$14,524,215 |
$5,334,290
$580,969 |
$8,608,956 |
| 2 |
$15,250,860 |
$5,603,149
$610,034 |
$9,037,677 |
| 3 |
$16,013,210 |
$5,885,218
$640,528 |
$9,487,464 |
| 4 |
$16,814,160 |
$6,181,570
$672,566 |
$9,960,024 |
| 5 |
$17,654,675 |
$6,492,560
$706,187 |
$10,455,928 |
| 6 |
$18,537,650 |
$6,819,261
$741,506 |
$10,976,883 |
| 7 |
$19,464,050 |
$7,162,029
$778,562 |
$11,523,459 |
| 8 |
$20,437,735 |
$7,522,292
$817,509 |
$12,097,934 |
| 9 |
$21,459,670 |
$7,900,408
$858,387 |
$12,700,875 |
| 10 |
$22,532,750 |
$8,297,448
$901,310 |
$13,333,992 |
| 11 |
$23,658,905 |
$8,714,125
$946,356 |
$13,998,424 |
| 12 |
$24,841,995 |
$9,151,869
$993,680 |
$14,696,446 |
| 13 |
$26,083,950 |
$9,611,392
$1,043,358 |
$15,429,200 |
| 14 |
$27,388,630 |
$10,094,123
$1,095,545 |
$16,198,962 |
| 15 |
$28,757,965 |
$10,600,777
$1,150,319 |
$17,006,869 |
| 16 |
$30,195,815 |
$11,132,782
$1,207,833 |
$17,855,200 |
| 17 |
$31,705,075 |
$11,691,208
$1,268,203 |
$18,745,664 |
| 18 |
$33,290,570 |
$12,277,841
$1,331,623 |
$19,681,106 |
| 19 |
$34,955,195 |
$12,893,753
$1,398,208 |
$20,663,234 |
| 20 |
$36,702,810 |
$13,540,370
$1,468,112 |
$21,694,328 |
| 21 |
$38,538,240 |
$14,219,479
$1,541,530 |
$22,777,231 |
| 22 |
$40,465,345 |
$14,932,508
$1,618,614 |
$23,914,223 |
| 23 |
$42,487,985 |
$15,680,885
$1,699,519 |
$25,107,581 |
| 24 |
$44,612,915 |
$16,467,109
$1,784,517 |
$26,361,289 |
| 25 |
$46,843,030 |
$17,292,251
$1,873,721 |
$27,677,058 |
| 26 |
$49,186,050 |
$18,159,169
$1,967,442 |
$29,059,439 |
| 27 |
$51,644,870 |
$19,068,932
$2,065,795 |
$30,510,143 |
| 28 |
$54,227,210 |
$20,024,398
$2,169,088 |
$32,033,724 |
| 29 |
$56,938,860 |
$21,027,709
$2,277,554 |
$33,633,597 |
| 30 |
$59,785,610 |
$22,081,006
$2,391,424 |
$35,313,180 |
|
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