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 Vermont residents, the state will deduct 6% from your lottery earnings.
| Vermont 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(6%) | $24,918,000 | | Net Lumpsum Payment | $236,760,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$13,545,900 |
$4,972,313
$812,754 |
$7,760,833 |
| 2 |
$14,223,600 |
$5,223,062
$853,416 |
$8,147,122 |
| 3 |
$14,934,600 |
$5,486,132
$896,076 |
$8,552,392 |
| 4 |
$15,681,600 |
$5,762,522
$940,896 |
$8,978,182 |
| 5 |
$16,465,500 |
$6,052,565
$987,930 |
$9,425,005 |
| 6 |
$17,289,000 |
$6,357,260
$1,037,340 |
$9,894,400 |
| 7 |
$18,153,000 |
$6,676,940
$1,089,180 |
$10,386,880 |
| 8 |
$19,061,100 |
$7,012,937
$1,143,666 |
$10,904,497 |
| 9 |
$20,014,200 |
$7,365,584
$1,200,852 |
$11,447,764 |
| 10 |
$21,015,000 |
$7,735,880
$1,260,900 |
$12,018,220 |
| 11 |
$22,065,300 |
$8,124,491
$1,323,918 |
$12,616,891 |
| 12 |
$23,168,700 |
$8,532,749
$1,390,122 |
$13,245,829 |
| 13 |
$24,327,000 |
$8,961,320
$1,459,620 |
$13,906,060 |
| 14 |
$25,543,800 |
$9,411,536
$1,532,628 |
$14,599,636 |
| 15 |
$26,820,900 |
$9,884,063
$1,609,254 |
$15,327,583 |
| 16 |
$28,161,900 |
$10,380,233
$1,689,714 |
$16,091,953 |
| 17 |
$29,569,500 |
$10,901,045
$1,774,170 |
$16,894,285 |
| 18 |
$31,048,200 |
$11,448,164
$1,862,892 |
$17,737,144 |
| 19 |
$32,600,700 |
$12,022,589
$1,956,042 |
$18,622,069 |
| 20 |
$34,230,600 |
$12,625,652
$2,053,836 |
$19,551,112 |
| 21 |
$35,942,400 |
$13,259,018
$2,156,544 |
$20,526,838 |
| 22 |
$37,739,700 |
$13,924,019
$2,264,382 |
$21,551,299 |
| 23 |
$39,626,100 |
$14,621,987
$2,377,566 |
$22,626,547 |
| 24 |
$41,607,900 |
$15,355,253
$2,496,474 |
$23,756,173 |
| 25 |
$43,687,800 |
$16,124,816
$2,621,268 |
$24,941,716 |
| 26 |
$45,873,000 |
$16,933,340
$2,752,380 |
$26,187,280 |
| 27 |
$48,166,200 |
$17,781,824
$2,889,972 |
$27,494,404 |
| 28 |
$50,574,600 |
$18,672,932
$3,034,476 |
$28,867,192 |
| 29 |
$53,103,600 |
$19,608,662
$3,186,216 |
$30,308,722 |
| 30 |
$55,758,600 |
$20,591,012
$3,345,516 |
$31,822,072 |
|
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