Jackpot Analysis South Carolina Mega Millions

Jackpot Analysis for South Carolina Mega Millions
The jackpot for the MEGA Millions draw on Tue Dec 9, 2025, is projected to be $60 Million, with an option for a cash payout of $27.4 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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.

South Carolina MEGA Millions Jackpot/Cash Option for Tue Dec 9, 2025
Draw DateTue Dec 9, 2025
Projected Jackpot$60,000,000
Cash Value$27,400,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$27,400,000
Federal Tax(24%)$6,576,000
Additional Federal Tax$3,522,330
State Tax(6.9%)$1,890,600
Net Lumpsum Payment$15,411,070
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $903,060 $294,463
$62,311
$546,286
2 $948,240 $311,179
$65,429
$571,632
3 $995,640 $328,717
$68,699
$598,224
4 $1,045,440 $347,143
$72,135
$626,162
5 $1,097,700 $366,479
$75,741
$655,480
6 $1,152,600 $386,792
$79,529
$686,279
7 $1,210,200 $408,104
$83,504
$718,592
8 $1,270,740 $430,504
$87,681
$752,555
9 $1,334,280 $454,014
$92,065
$788,201
10 $1,401,000 $478,700
$96,669
$825,631
11 $1,471,020 $504,608
$101,500
$864,912
12 $1,544,580 $531,825
$106,576
$906,179
13 $1,621,800 $560,396
$111,904
$949,500
14 $1,702,920 $590,411
$117,501
$995,008
15 $1,788,060 $621,913
$123,376
$1,042,771
16 $1,877,460 $654,991
$129,545
$1,092,924
17 $1,971,300 $689,711
$136,020
$1,145,569
18 $2,069,880 $726,186
$142,822
$1,200,872
19 $2,173,380 $764,481
$149,963
$1,258,936
20 $2,282,040 $804,685
$157,461
$1,319,894
21 $2,396,160 $846,910
$165,335
$1,383,915
22 $2,515,980 $891,243
$173,603
$1,451,134
23 $2,641,740 $937,774
$182,280
$1,521,686
24 $2,773,860 $986,659
$191,396
$1,595,805
25 $2,912,520 $1,037,963
$200,964
$1,673,593
26 $3,058,200 $1,091,864
$211,016
$1,755,320
27 $3,211,080 $1,148,430
$221,565
$1,841,085
28 $3,371,640 $1,207,837
$232,643
$1,931,160
29 $3,540,240 $1,270,219
$244,277
$2,025,744
30 $3,717,240 $1,335,709
$256,490
$2,125,041