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 Illinois residents, the state will deduct 4.95% from your lottery earnings.
| Illinois 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(4.95%) | $20,557,350 | | Net Lumpsum Payment | $241,121,320 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$13,545,900 |
$4,972,313
$670,522 |
$7,903,065 |
| 2 |
$14,223,600 |
$5,223,062
$704,068 |
$8,296,470 |
| 3 |
$14,934,600 |
$5,486,132
$739,263 |
$8,709,205 |
| 4 |
$15,681,600 |
$5,762,522
$776,239 |
$9,142,839 |
| 5 |
$16,465,500 |
$6,052,565
$815,042 |
$9,597,893 |
| 6 |
$17,289,000 |
$6,357,260
$855,806 |
$10,075,934 |
| 7 |
$18,153,000 |
$6,676,940
$898,574 |
$10,577,486 |
| 8 |
$19,061,100 |
$7,012,937
$943,524 |
$11,104,639 |
| 9 |
$20,014,200 |
$7,365,584
$990,703 |
$11,657,913 |
| 10 |
$21,015,000 |
$7,735,880
$1,040,243 |
$12,238,877 |
| 11 |
$22,065,300 |
$8,124,491
$1,092,232 |
$12,848,577 |
| 12 |
$23,168,700 |
$8,532,749
$1,146,851 |
$13,489,100 |
| 13 |
$24,327,000 |
$8,961,320
$1,204,187 |
$14,161,493 |
| 14 |
$25,543,800 |
$9,411,536
$1,264,418 |
$14,867,846 |
| 15 |
$26,820,900 |
$9,884,063
$1,327,635 |
$15,609,202 |
| 16 |
$28,161,900 |
$10,380,233
$1,394,014 |
$16,387,653 |
| 17 |
$29,569,500 |
$10,901,045
$1,463,690 |
$17,204,765 |
| 18 |
$31,048,200 |
$11,448,164
$1,536,886 |
$18,063,150 |
| 19 |
$32,600,700 |
$12,022,589
$1,613,735 |
$18,964,376 |
| 20 |
$34,230,600 |
$12,625,652
$1,694,415 |
$19,910,533 |
| 21 |
$35,942,400 |
$13,259,018
$1,779,149 |
$20,904,233 |
| 22 |
$37,739,700 |
$13,924,019
$1,868,115 |
$21,947,566 |
| 23 |
$39,626,100 |
$14,621,987
$1,961,492 |
$23,042,621 |
| 24 |
$41,607,900 |
$15,355,253
$2,059,591 |
$24,193,056 |
| 25 |
$43,687,800 |
$16,124,816
$2,162,546 |
$25,400,438 |
| 26 |
$45,873,000 |
$16,933,340
$2,270,714 |
$26,668,946 |
| 27 |
$48,166,200 |
$17,781,824
$2,384,227 |
$28,000,149 |
| 28 |
$50,574,600 |
$18,672,932
$2,503,443 |
$29,398,225 |
| 29 |
$53,103,600 |
$19,608,662
$2,628,628 |
$30,866,310 |
| 30 |
$55,758,600 |
$20,591,012
$2,760,051 |
$32,407,537 |
|
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