The jackpot for the MEGA Millions draw on Tue Nov 11, 2025, is projected to be $900 Million, with an option for a cash payout of $415.3 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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina MEGA Millions Jackpot/Cash Option for Tue Nov 11, 2025 |
|---|
| Draw Date | Tue Nov 11, 2025 | | Projected Jackpot | $900,000,000 | | Cash Value | $415,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $415,300,000 | | Federal Tax(24%) | $99,672,000 | | Additional Federal Tax | $53,949,330 | | State Tax(6.9%) | $28,655,700 | | Net Lumpsum Payment | $233,022,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$13,545,900 |
$4,972,313 $934,667 |
$7,638,920 |
| 2 |
$14,223,600 |
$5,223,062 $981,428 |
$8,019,110 |
| 3 |
$14,934,600 |
$5,486,132 $1,030,487 |
$8,417,981 |
| 4 |
$15,681,600 |
$5,762,522 $1,082,030 |
$8,837,048 |
| 5 |
$16,465,500 |
$6,052,565 $1,136,120 |
$9,276,815 |
| 6 |
$17,289,000 |
$6,357,260 $1,192,941 |
$9,738,799 |
| 7 |
$18,153,000 |
$6,676,940 $1,252,557 |
$10,223,503 |
| 8 |
$19,061,100 |
$7,012,937 $1,315,216 |
$10,732,947 |
| 9 |
$20,014,200 |
$7,365,584 $1,380,980 |
$11,267,636 |
| 10 |
$21,015,000 |
$7,735,880 $1,450,035 |
$11,829,085 |
| 11 |
$22,065,300 |
$8,124,491 $1,522,506 |
$12,418,303 |
| 12 |
$23,168,700 |
$8,532,749 $1,598,640 |
$13,037,311 |
| 13 |
$24,327,000 |
$8,961,320 $1,678,563 |
$13,687,117 |
| 14 |
$25,543,800 |
$9,411,536 $1,762,522 |
$14,369,742 |
| 15 |
$26,820,900 |
$9,884,063 $1,850,642 |
$15,086,195 |
| 16 |
$28,161,900 |
$10,380,233 $1,943,171 |
$15,838,496 |
| 17 |
$29,569,500 |
$10,901,045 $2,040,296 |
$16,628,159 |
| 18 |
$31,048,200 |
$11,448,164 $2,142,326 |
$17,457,710 |
| 19 |
$32,600,700 |
$12,022,589 $2,249,448 |
$18,328,663 |
| 20 |
$34,230,600 |
$12,625,652 $2,361,911 |
$19,243,037 |
| 21 |
$35,942,400 |
$13,259,018 $2,480,026 |
$20,203,356 |
| 22 |
$37,739,700 |
$13,924,019 $2,604,039 |
$21,211,642 |
| 23 |
$39,626,100 |
$14,621,987 $2,734,201 |
$22,269,912 |
| 24 |
$41,607,900 |
$15,355,253 $2,870,945 |
$23,381,702 |
| 25 |
$43,687,800 |
$16,124,816 $3,014,458 |
$24,548,526 |
| 26 |
$45,873,000 |
$16,933,340 $3,165,237 |
$25,774,423 |
| 27 |
$48,166,200 |
$17,781,824 $3,323,468 |
$27,060,908 |
| 28 |
$50,574,600 |
$18,672,932 $3,489,647 |
$28,412,021 |
| 29 |
$53,103,600 |
$19,608,662 $3,664,148 |
$29,830,790 |
| 30 |
$55,758,600 |
$20,591,012 $3,847,343 |
$31,320,245 |
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