The jackpot for the MEGA Millions draw on Fri Dec 5, 2025, is projected to be $50 Million, with an option for a cash payout of $23.3 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky MEGA Millions Jackpot/Cash Option for Fri Dec 5, 2025 |
|---|
| Draw Date | Fri Dec 5, 2025 | | Projected Jackpot | $50,000,000 | | Cash Value | $23,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $23,300,000 | | Federal Tax(24%) | $5,592,000 | | Additional Federal Tax | $2,989,330 | | State Tax(4.5%) | $1,048,500 | | Net Lumpsum Payment | $13,670,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$752,550 |
$238,774
$33,865 |
$479,911 |
| 2 |
$790,200 |
$252,704
$35,559 |
$501,937 |
| 3 |
$829,700 |
$267,319
$37,337 |
$525,044 |
| 4 |
$871,200 |
$282,674
$39,204 |
$549,322 |
| 5 |
$914,750 |
$298,788
$41,164 |
$574,798 |
| 6 |
$960,500 |
$315,715
$43,223 |
$601,562 |
| 7 |
$1,008,500 |
$333,475
$45,383 |
$629,642 |
| 8 |
$1,058,950 |
$352,142
$47,653 |
$659,155 |
| 9 |
$1,111,900 |
$371,733
$50,036 |
$690,131 |
| 10 |
$1,167,500 |
$392,305
$52,538 |
$722,657 |
| 11 |
$1,225,850 |
$413,895
$55,163 |
$756,792 |
| 12 |
$1,287,150 |
$436,576
$57,922 |
$792,652 |
| 13 |
$1,351,500 |
$460,385
$60,818 |
$830,297 |
| 14 |
$1,419,100 |
$485,397
$63,860 |
$869,843 |
| 15 |
$1,490,050 |
$511,649
$67,052 |
$911,349 |
| 16 |
$1,564,550 |
$539,214
$70,405 |
$954,931 |
| 17 |
$1,642,750 |
$568,148
$73,924 |
$1,000,678 |
| 18 |
$1,724,900 |
$598,543
$77,621 |
$1,048,736 |
| 19 |
$1,811,150 |
$630,456
$81,502 |
$1,099,192 |
| 20 |
$1,901,700 |
$663,959
$85,577 |
$1,152,164 |
| 21 |
$1,996,800 |
$699,146
$89,856 |
$1,207,798 |
| 22 |
$2,096,650 |
$736,091
$94,349 |
$1,266,210 |
| 23 |
$2,201,450 |
$774,867
$99,065 |
$1,327,518 |
| 24 |
$2,311,550 |
$815,604
$104,020 |
$1,391,926 |
| 25 |
$2,427,100 |
$858,357
$109,220 |
$1,459,523 |
| 26 |
$2,548,500 |
$903,275
$114,683 |
$1,530,542 |
| 27 |
$2,675,900 |
$950,413
$120,416 |
$1,605,071 |
| 28 |
$2,809,700 |
$999,919
$126,437 |
$1,683,344 |
| 29 |
$2,950,200 |
$1,051,904
$132,759 |
$1,765,537 |
| 30 |
$3,097,700 |
$1,106,479
$139,397 |
$1,851,824 |
|
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