The jackpot for the MEGA Millions draw on Fri Sep 19, 2025, is projected to be $423 Million, with an option for a cash payout of $196.5 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 Georgia residents, the state will deduct 5.75% from your lottery earnings.
| Georgia MEGA Millions Jackpot/Cash Option for Fri Sep 19, 2025 |
|---|
| Draw Date | Fri Sep 19, 2025 | | Projected Jackpot | $423,000,000 | | Cash Value | $196,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $196,500,000 | | Federal Tax(24%) | $47,160,000 | | Additional Federal Tax | $25,505,330 | | State Tax(5.75%) | $11,298,750 | | Net Lumpsum Payment | $112,535,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,366,573 |
$2,315,962
$366,078 |
$3,684,533 |
| 2 |
$6,685,092 |
$2,433,814
$384,393 |
$3,866,885 |
| 3 |
$7,019,262 |
$2,557,457
$403,608 |
$4,058,197 |
| 4 |
$7,370,352 |
$2,687,361
$423,795 |
$4,259,196 |
| 5 |
$7,738,785 |
$2,823,681
$444,980 |
$4,470,124 |
| 6 |
$8,125,830 |
$2,966,887
$467,235 |
$4,691,708 |
| 7 |
$8,531,910 |
$3,117,137
$490,585 |
$4,924,188 |
| 8 |
$8,958,717 |
$3,275,056
$515,126 |
$5,168,535 |
| 9 |
$9,406,674 |
$3,440,800
$540,884 |
$5,424,990 |
| 10 |
$9,877,050 |
$3,614,839
$567,930 |
$5,694,281 |
| 11 |
$10,370,691 |
$3,797,486
$596,315 |
$5,976,890 |
| 12 |
$10,889,289 |
$3,989,367
$626,134 |
$6,273,788 |
| 13 |
$11,433,690 |
$4,190,796
$657,437 |
$6,585,457 |
| 14 |
$12,005,586 |
$4,402,397
$690,321 |
$6,912,868 |
| 15 |
$12,605,823 |
$4,624,485
$724,835 |
$7,256,503 |
| 16 |
$13,236,093 |
$4,857,685
$761,075 |
$7,617,333 |
| 17 |
$13,897,665 |
$5,102,466
$799,116 |
$7,996,083 |
| 18 |
$14,592,654 |
$5,359,612
$839,078 |
$8,393,964 |
| 19 |
$15,322,329 |
$5,629,592
$881,034 |
$8,811,703 |
| 20 |
$16,088,382 |
$5,913,032
$925,082 |
$9,250,268 |
| 21 |
$16,892,928 |
$6,210,714
$971,343 |
$9,710,871 |
| 22 |
$17,737,659 |
$6,523,264
$1,019,915 |
$10,194,480 |
| 23 |
$18,624,267 |
$6,851,309
$1,070,895 |
$10,702,063 |
| 24 |
$19,555,713 |
$7,195,944
$1,124,453 |
$11,235,316 |
| 25 |
$20,533,266 |
$7,557,639
$1,180,663 |
$11,794,964 |
| 26 |
$21,560,310 |
$7,937,645
$1,239,718 |
$12,382,947 |
| 27 |
$22,638,114 |
$8,336,433
$1,301,692 |
$12,999,989 |
| 28 |
$23,770,062 |
$8,755,253
$1,366,779 |
$13,648,030 |
| 29 |
$24,958,692 |
$9,195,046
$1,435,125 |
$14,328,521 |
| 30 |
$26,206,542 |
$9,656,751
$1,506,876 |
$15,042,915 |
|
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