The jackpot for the MEGA Millions draw on Tue Sep 9, 2025, is projected to be $358 Million, with an option for a cash payout of $164.5 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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina MEGA Millions Jackpot/Cash Option for Tue Sep 9, 2025 |
|---|
| Draw Date | Tue Sep 9, 2025 | | Projected Jackpot | $358,000,000 | | Cash Value | $164,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $164,500,000 | | Federal Tax(24%) | $39,480,000 | | Additional Federal Tax | $21,345,330 | | State Tax(6.9%) | $11,350,500 | | Net Lumpsum Payment | $92,324,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,388,258 |
$1,953,986
$371,790 |
$3,062,482 |
| 2 |
$5,657,832 |
$2,053,728
$390,390 |
$3,213,714 |
| 3 |
$5,940,652 |
$2,158,372
$409,905 |
$3,372,375 |
| 4 |
$6,237,792 |
$2,268,313
$430,408 |
$3,539,071 |
| 5 |
$6,549,610 |
$2,383,686
$451,923 |
$3,714,001 |
| 6 |
$6,877,180 |
$2,504,887
$474,525 |
$3,897,768 |
| 7 |
$7,220,860 |
$2,632,049
$498,239 |
$4,090,572 |
| 8 |
$7,582,082 |
$2,765,701
$523,164 |
$4,293,217 |
| 9 |
$7,961,204 |
$2,905,976
$549,323 |
$4,505,905 |
| 10 |
$8,359,300 |
$3,053,271
$576,792 |
$4,729,237 |
| 11 |
$8,777,086 |
$3,207,852
$605,619 |
$4,963,615 |
| 12 |
$9,215,994 |
$3,370,248
$635,904 |
$5,209,842 |
| 13 |
$9,676,740 |
$3,540,724
$667,695 |
$5,468,321 |
| 14 |
$10,160,756 |
$3,719,810
$701,092 |
$5,739,854 |
| 15 |
$10,668,758 |
$3,907,771
$736,144 |
$6,024,843 |
| 16 |
$11,202,178 |
$4,105,136
$772,950 |
$6,324,092 |
| 17 |
$11,762,090 |
$4,312,304
$811,584 |
$6,638,202 |
| 18 |
$12,350,284 |
$4,529,935
$852,170 |
$6,968,179 |
| 19 |
$12,967,834 |
$4,758,429
$894,781 |
$7,314,624 |
| 20 |
$13,616,172 |
$4,998,314
$939,516 |
$7,678,342 |
| 21 |
$14,297,088 |
$5,250,253
$986,499 |
$8,060,336 |
| 22 |
$15,012,014 |
$5,514,776
$1,035,829 |
$8,461,409 |
| 23 |
$15,762,382 |
$5,792,412
$1,087,604 |
$8,882,366 |
| 24 |
$16,550,698 |
$6,084,089
$1,141,998 |
$9,324,611 |
| 25 |
$17,378,036 |
$6,390,204
$1,199,084 |
$9,788,748 |
| 26 |
$18,247,260 |
$6,711,817
$1,259,061 |
$10,276,382 |
| 27 |
$19,159,444 |
$7,049,325
$1,322,002 |
$10,788,117 |
| 28 |
$20,117,452 |
$7,403,788
$1,388,104 |
$11,325,560 |
| 29 |
$21,123,432 |
$7,776,000
$1,457,517 |
$11,889,915 |
| 30 |
$22,179,532 |
$8,166,757
$1,530,388 |
$12,482,387 |
|
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