Jackpot Analysis Georgia Mega Millions

Jackpot Analysis for Georgia Mega Millions
The jackpot for the MEGA Millions draw on Fri Sep 12, 2025, is projected to be $381 Million, with an option for a cash payout of $175 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 Sep 12, 2025
Draw DateFri Sep 12, 2025
Projected Jackpot$381,000,000
Cash Value$175,000,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$175,000,000
Federal Tax(24%)$42,000,000
Additional Federal Tax$22,710,330
State Tax(5.75%)$10,062,500
Net Lumpsum Payment$100,227,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $5,734,431 $2,082,070
$329,730
$3,322,631
2 $6,021,324 $2,188,220
$346,226
$3,486,878
3 $6,322,314 $2,299,587
$363,533
$3,659,194
4 $6,638,544 $2,416,592
$381,716
$3,840,236
5 $6,970,395 $2,539,377
$400,798
$4,030,220
6 $7,319,010 $2,668,364
$420,843
$4,229,803
7 $7,684,770 $2,803,695
$441,874
$4,439,201
8 $8,069,199 $2,945,934
$463,979
$4,659,286
9 $8,472,678 $3,095,221
$487,179
$4,890,278
10 $8,896,350 $3,251,980
$511,540
$5,132,830
11 $9,340,977 $3,416,492
$537,106
$5,387,379
12 $9,808,083 $3,589,321
$563,965
$5,654,797
13 $10,298,430 $3,770,749
$592,160
$5,935,521
14 $10,813,542 $3,961,341
$621,779
$6,230,422
15 $11,354,181 $4,161,377
$652,865
$6,539,939
16 $11,921,871 $4,371,423
$685,508
$6,864,940
17 $12,517,755 $4,591,900
$719,771
$7,206,084
18 $13,143,738 $4,823,513
$755,765
$7,564,460
19 $13,800,963 $5,066,687
$793,555
$7,940,721
20 $14,490,954 $5,321,983
$833,230
$8,335,741
21 $15,215,616 $5,590,108
$874,898
$8,750,610
22 $15,976,473 $5,871,625
$918,647
$9,186,201
23 $16,775,049 $6,167,099
$964,565
$9,643,385
24 $17,614,011 $6,477,514
$1,012,806
$10,123,691
25 $18,494,502 $6,803,296
$1,063,434
$10,627,772
26 $19,419,570 $7,145,571
$1,116,625
$11,157,374
27 $20,390,358 $7,504,763
$1,172,446
$11,713,149
28 $21,409,914 $7,881,999
$1,231,070
$12,296,845
29 $22,480,524 $8,278,124
$1,292,630
$12,909,770
30 $23,604,474 $8,693,986
$1,357,257
$13,553,231