The jackpot for the MEGA Millions draw on Fri Oct 17, 2025, is projected to be $625 Million, with an option for a cash payout of $288.8 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 Oct 17, 2025 |
|---|
| Draw Date | Fri Oct 17, 2025 | | Projected Jackpot | $625,000,000 | | Cash Value | $288,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $288,800,000 | | Federal Tax(24%) | $69,312,000 | | Additional Federal Tax | $37,504,330 | | State Tax(5.75%) | $16,606,000 | | Net Lumpsum Payment | $165,377,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,406,875 |
$3,440,874
$540,895 |
$5,425,106 |
| 2 |
$9,877,500 |
$3,615,005
$567,956 |
$5,694,539 |
| 3 |
$10,371,250 |
$3,797,693
$596,347 |
$5,977,210 |
| 4 |
$10,890,000 |
$3,989,630
$626,175 |
$6,274,195 |
| 5 |
$11,434,375 |
$4,191,049
$657,477 |
$6,585,849 |
| 6 |
$12,006,250 |
$4,402,643
$690,359 |
$6,913,248 |
| 7 |
$12,606,250 |
$4,624,643
$724,859 |
$7,256,748 |
| 8 |
$13,236,875 |
$4,857,974
$761,120 |
$7,617,781 |
| 9 |
$13,898,750 |
$5,102,868
$799,178 |
$7,996,704 |
| 10 |
$14,593,750 |
$5,360,018
$839,141 |
$8,394,591 |
| 11 |
$15,323,125 |
$5,629,887
$881,080 |
$8,812,158 |
| 12 |
$16,089,375 |
$5,913,399
$925,139 |
$9,250,837 |
| 13 |
$16,893,750 |
$6,211,018
$971,391 |
$9,711,341 |
| 14 |
$17,738,750 |
$6,523,668
$1,019,978 |
$10,195,104 |
| 15 |
$18,625,625 |
$6,851,812
$1,070,973 |
$10,702,840 |
| 16 |
$19,556,875 |
$7,196,374
$1,124,520 |
$11,235,981 |
| 17 |
$20,534,375 |
$7,558,049
$1,180,727 |
$11,795,599 |
| 18 |
$21,561,250 |
$7,937,993
$1,239,772 |
$12,383,485 |
| 19 |
$22,639,375 |
$8,336,899
$1,301,764 |
$13,000,712 |
| 20 |
$23,771,250 |
$8,755,693
$1,366,847 |
$13,648,710 |
| 21 |
$24,960,000 |
$9,195,530
$1,435,200 |
$14,329,270 |
| 22 |
$26,208,125 |
$9,657,337
$1,506,967 |
$15,043,821 |
| 23 |
$27,518,125 |
$10,142,037
$1,582,292 |
$15,793,796 |
| 24 |
$28,894,375 |
$10,651,249
$1,661,427 |
$16,581,699 |
| 25 |
$30,338,750 |
$11,185,668
$1,744,478 |
$17,408,604 |
| 26 |
$31,856,250 |
$11,747,143
$1,831,734 |
$18,277,373 |
| 27 |
$33,448,750 |
$12,336,368
$1,923,303 |
$19,189,079 |
| 28 |
$35,121,250 |
$12,955,193
$2,019,472 |
$20,146,585 |
| 29 |
$36,877,500 |
$13,605,005
$2,120,456 |
$21,152,039 |
| 30 |
$38,721,250 |
$14,287,193
$2,226,472 |
$22,207,585 |
|
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