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 |
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Draw Date | Fri Sep 12, 2025 | Projected Jackpot | $381,000,000 | Cash Value | $175,000,000 |
Lumpsum Option Taxes and Payment |
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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 |
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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 |
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