The jackpot for the MEGA Millions draw on Fri Oct 10, 2025, is projected to be $575 Million, with an option for a cash payout of $264.6 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky MEGA Millions Jackpot/Cash Option for Fri Oct 10, 2025 |
|---|
| Draw Date | Fri Oct 10, 2025 | | Projected Jackpot | $575,000,000 | | Cash Value | $264,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $264,600,000 | | Federal Tax(24%) | $63,504,000 | | Additional Federal Tax | $34,358,330 | | State Tax(4.5%) | $11,907,000 | | Net Lumpsum Payment | $154,830,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,654,325 |
$3,162,431
$389,445 |
$5,102,449 |
| 2 |
$9,087,300 |
$3,322,631
$408,929 |
$5,355,740 |
| 3 |
$9,541,550 |
$3,490,704
$429,370 |
$5,621,476 |
| 4 |
$10,018,800 |
$3,667,286
$450,846 |
$5,900,668 |
| 5 |
$10,519,625 |
$3,852,592
$473,383 |
$6,193,650 |
| 6 |
$11,045,750 |
$4,047,258
$497,059 |
$6,501,433 |
| 7 |
$11,597,750 |
$4,251,498
$521,899 |
$6,824,353 |
| 8 |
$12,177,925 |
$4,466,163
$548,007 |
$7,163,755 |
| 9 |
$12,786,850 |
$4,691,465
$575,408 |
$7,519,977 |
| 10 |
$13,426,250 |
$4,928,043
$604,181 |
$7,894,026 |
| 11 |
$14,097,275 |
$5,176,322
$634,377 |
$8,286,576 |
| 12 |
$14,802,225 |
$5,437,154
$666,100 |
$8,698,971 |
| 13 |
$15,542,250 |
$5,710,963
$699,401 |
$9,131,886 |
| 14 |
$16,319,650 |
$5,998,601
$734,384 |
$9,586,665 |
| 15 |
$17,135,575 |
$6,300,493
$771,101 |
$10,063,981 |
| 16 |
$17,992,325 |
$6,617,491
$809,655 |
$10,565,179 |
| 17 |
$18,891,625 |
$6,950,232
$850,123 |
$11,091,270 |
| 18 |
$19,836,350 |
$7,299,780
$892,636 |
$11,643,934 |
| 19 |
$20,828,225 |
$7,666,774
$937,270 |
$12,224,181 |
| 20 |
$21,869,550 |
$8,052,064
$984,130 |
$12,833,356 |
| 21 |
$22,963,200 |
$8,456,714
$1,033,344 |
$13,473,142 |
| 22 |
$24,111,475 |
$8,881,576
$1,085,016 |
$14,144,883 |
| 23 |
$25,316,675 |
$9,327,500
$1,139,250 |
$14,849,925 |
| 24 |
$26,582,825 |
$9,795,976
$1,196,227 |
$15,590,622 |
| 25 |
$27,911,650 |
$10,287,641
$1,256,024 |
$16,367,985 |
| 26 |
$29,307,750 |
$10,804,198
$1,318,849 |
$17,184,703 |
| 27 |
$30,772,850 |
$11,346,285
$1,384,778 |
$18,041,787 |
| 28 |
$32,311,550 |
$11,915,604
$1,454,020 |
$18,941,926 |
| 29 |
$33,927,300 |
$12,513,431
$1,526,729 |
$19,887,140 |
| 30 |
$35,623,550 |
$13,141,044
$1,603,060 |
$20,879,446 |
|
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