The jackpot for the MEGA Millions draw on Fri Dec 26, 2025, is projected to be $125 Million, with an option for a cash payout of $56.9 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 26, 2025 |
|---|
| Draw Date | Fri Dec 26, 2025 | | Projected Jackpot | $125,000,000 | | Cash Value | $56,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $56,900,000 | | Federal Tax(24%) | $13,656,000 | | Additional Federal Tax | $7,357,330 | | State Tax(4.5%) | $2,560,500 | | Net Lumpsum Payment | $33,326,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,881,375 |
$656,439
$84,662 |
$1,140,274 |
| 2 |
$1,975,500 |
$691,265
$88,898 |
$1,195,337 |
| 3 |
$2,074,250 |
$727,803
$93,341 |
$1,253,106 |
| 4 |
$2,178,000 |
$766,190
$98,010 |
$1,313,800 |
| 5 |
$2,286,875 |
$806,474
$102,909 |
$1,377,492 |
| 6 |
$2,401,250 |
$848,793
$108,056 |
$1,444,401 |
| 7 |
$2,521,250 |
$893,193
$113,456 |
$1,514,601 |
| 8 |
$2,647,375 |
$939,859
$119,132 |
$1,588,384 |
| 9 |
$2,779,750 |
$988,838
$125,089 |
$1,665,823 |
| 10 |
$2,918,750 |
$1,040,268
$131,344 |
$1,747,138 |
| 11 |
$3,064,625 |
$1,094,242
$137,908 |
$1,832,475 |
| 12 |
$3,217,875 |
$1,150,944
$144,804 |
$1,922,127 |
| 13 |
$3,378,750 |
$1,210,468
$152,044 |
$2,016,238 |
| 14 |
$3,547,750 |
$1,272,998
$159,649 |
$2,115,103 |
| 15 |
$3,725,125 |
$1,338,627
$167,631 |
$2,218,867 |
| 16 |
$3,911,375 |
$1,407,539
$176,012 |
$2,327,824 |
| 17 |
$4,106,875 |
$1,479,874
$184,809 |
$2,442,192 |
| 18 |
$4,312,250 |
$1,555,863
$194,051 |
$2,562,336 |
| 19 |
$4,527,875 |
$1,635,644
$203,754 |
$2,688,477 |
| 20 |
$4,754,250 |
$1,719,403
$213,941 |
$2,820,906 |
| 21 |
$4,992,000 |
$1,807,370
$224,640 |
$2,959,990 |
| 22 |
$5,241,625 |
$1,899,732
$235,873 |
$3,106,020 |
| 23 |
$5,503,625 |
$1,996,672
$247,663 |
$3,259,290 |
| 24 |
$5,778,875 |
$2,098,514
$260,049 |
$3,420,312 |
| 25 |
$6,067,750 |
$2,205,398
$273,049 |
$3,589,303 |
| 26 |
$6,371,250 |
$2,317,693
$286,706 |
$3,766,851 |
| 27 |
$6,689,750 |
$2,435,538
$301,039 |
$3,953,173 |
| 28 |
$7,024,250 |
$2,559,303
$316,091 |
$4,148,856 |
| 29 |
$7,375,500 |
$2,689,265
$331,898 |
$4,354,337 |
| 30 |
$7,744,250 |
$2,825,703
$348,491 |
$4,570,056 |
|
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