The jackpot for the MEGA Millions draw on Fri Nov 7, 2025, is projected to be $843 Million, with an option for a cash payout of $391.7 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 Nov 7, 2025 |
|---|
| Draw Date | Fri Nov 7, 2025 | | Projected Jackpot | $843,000,000 | | Cash Value | $391,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $391,700,000 | | Federal Tax(24%) | $94,008,000 | | Additional Federal Tax | $50,881,330 | | State Tax(5.75%) | $22,522,750 | | Net Lumpsum Payment | $224,287,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,687,993 |
$4,654,888
$729,560 |
$7,303,545 |
| 2 |
$13,322,772 |
$4,889,756
$766,059 |
$7,666,957 |
| 3 |
$13,988,742 |
$5,136,165
$804,353 |
$8,048,224 |
| 4 |
$14,688,432 |
$5,395,050
$844,585 |
$8,448,797 |
| 5 |
$15,422,685 |
$5,666,724
$886,804 |
$8,869,157 |
| 6 |
$16,194,030 |
$5,952,121
$931,157 |
$9,310,752 |
| 7 |
$17,003,310 |
$6,251,555
$977,690 |
$9,774,065 |
| 8 |
$17,853,897 |
$6,566,272
$1,026,599 |
$10,261,026 |
| 9 |
$18,746,634 |
$6,896,585
$1,077,931 |
$10,772,118 |
| 10 |
$19,684,050 |
$7,243,429
$1,131,833 |
$11,308,788 |
| 11 |
$20,667,831 |
$7,607,428
$1,188,400 |
$11,872,003 |
| 12 |
$21,701,349 |
$7,989,830
$1,247,828 |
$12,463,691 |
| 13 |
$22,786,290 |
$8,391,258
$1,310,212 |
$13,084,820 |
| 14 |
$23,926,026 |
$8,812,960
$1,375,746 |
$13,737,320 |
| 15 |
$25,122,243 |
$9,255,560
$1,444,529 |
$14,422,154 |
| 16 |
$26,378,313 |
$9,720,306
$1,516,753 |
$15,141,254 |
| 17 |
$27,696,765 |
$10,208,133
$1,592,564 |
$15,896,068 |
| 18 |
$29,081,814 |
$10,720,602
$1,672,204 |
$16,689,008 |
| 19 |
$30,535,989 |
$11,258,646
$1,755,819 |
$17,521,524 |
| 20 |
$32,062,662 |
$11,823,515
$1,843,603 |
$18,395,544 |
| 21 |
$33,666,048 |
$12,416,768
$1,935,798 |
$19,313,482 |
| 22 |
$35,349,519 |
$13,039,652
$2,032,597 |
$20,277,270 |
| 23 |
$37,116,447 |
$13,693,416
$2,134,196 |
$21,288,835 |
| 24 |
$38,972,733 |
$14,380,242
$2,240,932 |
$22,351,559 |
| 25 |
$40,920,906 |
$15,101,066
$2,352,952 |
$23,466,888 |
| 26 |
$42,967,710 |
$15,858,383
$2,470,643 |
$24,638,684 |
| 27 |
$45,115,674 |
$16,653,130
$2,594,151 |
$25,868,393 |
| 28 |
$47,371,542 |
$17,487,801
$2,723,864 |
$27,159,877 |
| 29 |
$49,740,372 |
$18,364,268
$2,860,071 |
$28,516,033 |
| 30 |
$52,227,222 |
$19,284,403
$3,003,065 |
$29,939,754 |
|
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