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 Vermont residents, the state will deduct 6% from your lottery earnings.
| Vermont 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(6%) | $26,718,000 | | Net Lumpsum Payment | $253,860,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$14,524,215 |
$5,334,290
$871,453 |
$8,318,472 |
| 2 |
$15,250,860 |
$5,603,149
$915,052 |
$8,732,659 |
| 3 |
$16,013,210 |
$5,885,218
$960,793 |
$9,167,199 |
| 4 |
$16,814,160 |
$6,181,570
$1,008,850 |
$9,623,740 |
| 5 |
$17,654,675 |
$6,492,560
$1,059,281 |
$10,102,834 |
| 6 |
$18,537,650 |
$6,819,261
$1,112,259 |
$10,606,130 |
| 7 |
$19,464,050 |
$7,162,029
$1,167,843 |
$11,134,178 |
| 8 |
$20,437,735 |
$7,522,292
$1,226,264 |
$11,689,179 |
| 9 |
$21,459,670 |
$7,900,408
$1,287,580 |
$12,271,682 |
| 10 |
$22,532,750 |
$8,297,448
$1,351,965 |
$12,883,337 |
| 11 |
$23,658,905 |
$8,714,125
$1,419,534 |
$13,525,246 |
| 12 |
$24,841,995 |
$9,151,869
$1,490,520 |
$14,199,606 |
| 13 |
$26,083,950 |
$9,611,392
$1,565,037 |
$14,907,521 |
| 14 |
$27,388,630 |
$10,094,123
$1,643,318 |
$15,651,189 |
| 15 |
$28,757,965 |
$10,600,777
$1,725,478 |
$16,431,710 |
| 16 |
$30,195,815 |
$11,132,782
$1,811,749 |
$17,251,284 |
| 17 |
$31,705,075 |
$11,691,208
$1,902,305 |
$18,111,562 |
| 18 |
$33,290,570 |
$12,277,841
$1,997,434 |
$19,015,295 |
| 19 |
$34,955,195 |
$12,893,753
$2,097,312 |
$19,964,130 |
| 20 |
$36,702,810 |
$13,540,370
$2,202,169 |
$20,960,271 |
| 21 |
$38,538,240 |
$14,219,479
$2,312,294 |
$22,006,467 |
| 22 |
$40,465,345 |
$14,932,508
$2,427,921 |
$23,104,916 |
| 23 |
$42,487,985 |
$15,680,885
$2,549,279 |
$24,257,821 |
| 24 |
$44,612,915 |
$16,467,109
$2,676,775 |
$25,469,031 |
| 25 |
$46,843,030 |
$17,292,251
$2,810,582 |
$26,740,197 |
| 26 |
$49,186,050 |
$18,159,169
$2,951,163 |
$28,075,718 |
| 27 |
$51,644,870 |
$19,068,932
$3,098,692 |
$29,477,246 |
| 28 |
$54,227,210 |
$20,024,398
$3,253,633 |
$30,949,179 |
| 29 |
$56,938,860 |
$21,027,709
$3,416,332 |
$32,494,819 |
| 30 |
$59,785,610 |
$22,081,006
$3,587,137 |
$34,117,467 |
|
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