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 Nebraska residents, the state will deduct 5% from your lottery earnings.
| Nebraska 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(5%) | $22,265,000 | | Net Lumpsum Payment | $258,313,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$14,524,215 |
$5,334,290
$726,211 |
$8,463,714 |
| 2 |
$15,250,860 |
$5,603,149
$762,543 |
$8,885,168 |
| 3 |
$16,013,210 |
$5,885,218
$800,661 |
$9,327,331 |
| 4 |
$16,814,160 |
$6,181,570
$840,708 |
$9,791,882 |
| 5 |
$17,654,675 |
$6,492,560
$882,734 |
$10,279,381 |
| 6 |
$18,537,650 |
$6,819,261
$926,883 |
$10,791,506 |
| 7 |
$19,464,050 |
$7,162,029
$973,203 |
$11,328,818 |
| 8 |
$20,437,735 |
$7,522,292
$1,021,887 |
$11,893,556 |
| 9 |
$21,459,670 |
$7,900,408
$1,072,984 |
$12,486,278 |
| 10 |
$22,532,750 |
$8,297,448
$1,126,638 |
$13,108,664 |
| 11 |
$23,658,905 |
$8,714,125
$1,182,945 |
$13,761,835 |
| 12 |
$24,841,995 |
$9,151,869
$1,242,100 |
$14,448,026 |
| 13 |
$26,083,950 |
$9,611,392
$1,304,198 |
$15,168,360 |
| 14 |
$27,388,630 |
$10,094,123
$1,369,432 |
$15,925,075 |
| 15 |
$28,757,965 |
$10,600,777
$1,437,898 |
$16,719,290 |
| 16 |
$30,195,815 |
$11,132,782
$1,509,791 |
$17,553,242 |
| 17 |
$31,705,075 |
$11,691,208
$1,585,254 |
$18,428,613 |
| 18 |
$33,290,570 |
$12,277,841
$1,664,529 |
$19,348,200 |
| 19 |
$34,955,195 |
$12,893,753
$1,747,760 |
$20,313,682 |
| 20 |
$36,702,810 |
$13,540,370
$1,835,141 |
$21,327,299 |
| 21 |
$38,538,240 |
$14,219,479
$1,926,912 |
$22,391,849 |
| 22 |
$40,465,345 |
$14,932,508
$2,023,267 |
$23,509,570 |
| 23 |
$42,487,985 |
$15,680,885
$2,124,399 |
$24,682,701 |
| 24 |
$44,612,915 |
$16,467,109
$2,230,646 |
$25,915,160 |
| 25 |
$46,843,030 |
$17,292,251
$2,342,152 |
$27,208,627 |
| 26 |
$49,186,050 |
$18,159,169
$2,459,303 |
$28,567,578 |
| 27 |
$51,644,870 |
$19,068,932
$2,582,244 |
$29,993,694 |
| 28 |
$54,227,210 |
$20,024,398
$2,711,361 |
$31,491,451 |
| 29 |
$56,938,860 |
$21,027,709
$2,846,943 |
$33,064,208 |
| 30 |
$59,785,610 |
$22,081,006
$2,989,281 |
$34,715,323 |
|
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