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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky 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(4.5%) | $17,626,500 | | Net Lumpsum Payment | $229,184,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,687,993 |
$4,654,888
$570,960 |
$7,462,145 |
| 2 |
$13,322,772 |
$4,889,756
$599,525 |
$7,833,491 |
| 3 |
$13,988,742 |
$5,136,165
$629,493 |
$8,223,084 |
| 4 |
$14,688,432 |
$5,395,050
$660,979 |
$8,632,403 |
| 5 |
$15,422,685 |
$5,666,724
$694,021 |
$9,061,940 |
| 6 |
$16,194,030 |
$5,952,121
$728,731 |
$9,513,178 |
| 7 |
$17,003,310 |
$6,251,555
$765,149 |
$9,986,606 |
| 8 |
$17,853,897 |
$6,566,272
$803,425 |
$10,484,200 |
| 9 |
$18,746,634 |
$6,896,585
$843,599 |
$11,006,450 |
| 10 |
$19,684,050 |
$7,243,429
$885,782 |
$11,554,839 |
| 11 |
$20,667,831 |
$7,607,428
$930,052 |
$12,130,351 |
| 12 |
$21,701,349 |
$7,989,830
$976,561 |
$12,734,958 |
| 13 |
$22,786,290 |
$8,391,258
$1,025,383 |
$13,369,649 |
| 14 |
$23,926,026 |
$8,812,960
$1,076,671 |
$14,036,395 |
| 15 |
$25,122,243 |
$9,255,560
$1,130,501 |
$14,736,182 |
| 16 |
$26,378,313 |
$9,720,306
$1,187,024 |
$15,470,983 |
| 17 |
$27,696,765 |
$10,208,133
$1,246,354 |
$16,242,278 |
| 18 |
$29,081,814 |
$10,720,602
$1,308,682 |
$17,052,530 |
| 19 |
$30,535,989 |
$11,258,646
$1,374,120 |
$17,903,223 |
| 20 |
$32,062,662 |
$11,823,515
$1,442,820 |
$18,796,327 |
| 21 |
$33,666,048 |
$12,416,768
$1,514,972 |
$19,734,308 |
| 22 |
$35,349,519 |
$13,039,652
$1,590,728 |
$20,719,139 |
| 23 |
$37,116,447 |
$13,693,416
$1,670,240 |
$21,752,791 |
| 24 |
$38,972,733 |
$14,380,242
$1,753,773 |
$22,838,718 |
| 25 |
$40,920,906 |
$15,101,066
$1,841,441 |
$23,978,399 |
| 26 |
$42,967,710 |
$15,858,383
$1,933,547 |
$25,175,780 |
| 27 |
$45,115,674 |
$16,653,130
$2,030,205 |
$26,432,339 |
| 28 |
$47,371,542 |
$17,487,801
$2,131,719 |
$27,752,022 |
| 29 |
$49,740,372 |
$18,364,268
$2,238,317 |
$29,137,787 |
| 30 |
$52,227,222 |
$19,284,403
$2,350,225 |
$30,592,594 |
|
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