The jackpot for the MEGA Millions draw on Fri Nov 14, 2025, is projected to be $965 Million, with an option for a cash payout of $445.3 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 Minnesota residents, the state will deduct 7.25% from your lottery earnings.
| Minnesota MEGA Millions Jackpot/Cash Option for Fri Nov 14, 2025 |
|---|
| Draw Date | Fri Nov 14, 2025 | | Projected Jackpot | $965,000,000 | | Cash Value | $445,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $445,300,000 | | Federal Tax(24%) | $106,872,000 | | Additional Federal Tax | $57,849,330 | | State Tax(7.25%) | $32,284,250 | | Net Lumpsum Payment | $248,294,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$14,524,215 |
$5,334,290
$1,053,006 |
$8,136,919 |
| 2 |
$15,250,860 |
$5,603,149
$1,105,687 |
$8,542,024 |
| 3 |
$16,013,210 |
$5,885,218
$1,160,958 |
$8,967,034 |
| 4 |
$16,814,160 |
$6,181,570
$1,219,027 |
$9,413,563 |
| 5 |
$17,654,675 |
$6,492,560
$1,279,964 |
$9,882,151 |
| 6 |
$18,537,650 |
$6,819,261
$1,343,980 |
$10,374,409 |
| 7 |
$19,464,050 |
$7,162,029
$1,411,144 |
$10,890,877 |
| 8 |
$20,437,735 |
$7,522,292
$1,481,736 |
$11,433,707 |
| 9 |
$21,459,670 |
$7,900,408
$1,555,826 |
$12,003,436 |
| 10 |
$22,532,750 |
$8,297,448
$1,633,624 |
$12,601,678 |
| 11 |
$23,658,905 |
$8,714,125
$1,715,271 |
$13,229,509 |
| 12 |
$24,841,995 |
$9,151,869
$1,801,045 |
$13,889,081 |
| 13 |
$26,083,950 |
$9,611,392
$1,891,086 |
$14,581,472 |
| 14 |
$27,388,630 |
$10,094,123
$1,985,676 |
$15,308,831 |
| 15 |
$28,757,965 |
$10,600,777
$2,084,952 |
$16,072,236 |
| 16 |
$30,195,815 |
$11,132,782
$2,189,197 |
$16,873,836 |
| 17 |
$31,705,075 |
$11,691,208
$2,298,618 |
$17,715,249 |
| 18 |
$33,290,570 |
$12,277,841
$2,413,566 |
$18,599,163 |
| 19 |
$34,955,195 |
$12,893,753
$2,534,252 |
$19,527,190 |
| 20 |
$36,702,810 |
$13,540,370
$2,660,954 |
$20,501,486 |
| 21 |
$38,538,240 |
$14,219,479
$2,794,022 |
$21,524,739 |
| 22 |
$40,465,345 |
$14,932,508
$2,933,738 |
$22,599,099 |
| 23 |
$42,487,985 |
$15,680,885
$3,080,379 |
$23,726,721 |
| 24 |
$44,612,915 |
$16,467,109
$3,234,436 |
$24,911,370 |
| 25 |
$46,843,030 |
$17,292,251
$3,396,120 |
$26,154,659 |
| 26 |
$49,186,050 |
$18,159,169
$3,565,989 |
$27,460,892 |
| 27 |
$51,644,870 |
$19,068,932
$3,744,253 |
$28,831,685 |
| 28 |
$54,227,210 |
$20,024,398
$3,931,473 |
$30,271,339 |
| 29 |
$56,938,860 |
$21,027,709
$4,128,067 |
$31,783,084 |
| 30 |
$59,785,610 |
$22,081,006
$4,334,457 |
$33,370,147 |
|
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