The jackpot for the MEGA Millions draw on Tue Sep 16, 2025, is projected to be $400 Million, with an option for a cash payout of $185.8 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 Georgia residents, the state will deduct 5.75% from your lottery earnings.
| Georgia MEGA Millions Jackpot/Cash Option for Tue Sep 16, 2025 |
|---|
| Draw Date | Tue Sep 16, 2025 | | Projected Jackpot | $400,000,000 | | Cash Value | $185,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $185,800,000 | | Federal Tax(24%) | $44,592,000 | | Additional Federal Tax | $24,114,330 | | State Tax(5.75%) | $10,683,500 | | Net Lumpsum Payment | $106,410,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,020,400 |
$2,187,878
$346,173 |
$3,486,349 |
| 2 |
$6,321,600 |
$2,299,322
$363,492 |
$3,658,786 |
| 3 |
$6,637,600 |
$2,416,242
$381,662 |
$3,839,696 |
| 4 |
$6,969,600 |
$2,539,082
$400,752 |
$4,029,766 |
| 5 |
$7,318,000 |
$2,667,990
$420,785 |
$4,229,225 |
| 6 |
$7,684,000 |
$2,803,410
$441,830 |
$4,438,760 |
| 7 |
$8,068,000 |
$2,945,490
$463,910 |
$4,658,600 |
| 8 |
$8,471,600 |
$3,094,822
$487,117 |
$4,889,661 |
| 9 |
$8,895,200 |
$3,251,554
$511,474 |
$5,132,172 |
| 10 |
$9,340,000 |
$3,416,130
$537,050 |
$5,386,820 |
| 11 |
$9,806,800 |
$3,588,846
$563,891 |
$5,654,063 |
| 12 |
$10,297,200 |
$3,770,294
$592,089 |
$5,934,817 |
| 13 |
$10,812,000 |
$3,960,770
$621,690 |
$6,229,540 |
| 14 |
$11,352,800 |
$4,160,866
$652,786 |
$6,539,148 |
| 15 |
$11,920,400 |
$4,370,878
$685,423 |
$6,864,099 |
| 16 |
$12,516,400 |
$4,591,398
$719,693 |
$7,205,309 |
| 17 |
$13,142,000 |
$4,822,870
$755,665 |
$7,563,465 |
| 18 |
$13,799,200 |
$5,066,034
$793,454 |
$7,939,712 |
| 19 |
$14,489,200 |
$5,321,334
$833,129 |
$8,334,737 |
| 20 |
$15,213,600 |
$5,589,362
$874,782 |
$8,749,456 |
| 21 |
$15,974,400 |
$5,870,858
$918,528 |
$9,185,014 |
| 22 |
$16,773,200 |
$6,166,414
$964,459 |
$9,642,327 |
| 23 |
$17,611,600 |
$6,476,622
$1,012,667 |
$10,122,311 |
| 24 |
$18,492,400 |
$6,802,518
$1,063,313 |
$10,626,569 |
| 25 |
$19,416,800 |
$7,144,546
$1,116,466 |
$11,155,788 |
| 26 |
$20,388,000 |
$7,503,890
$1,172,310 |
$11,711,800 |
| 27 |
$21,407,200 |
$7,880,994
$1,230,914 |
$12,295,292 |
| 28 |
$22,477,600 |
$8,277,042
$1,292,462 |
$12,908,096 |
| 29 |
$23,601,600 |
$8,692,922
$1,357,092 |
$13,551,586 |
| 30 |
$24,781,600 |
$9,129,522
$1,424,942 |
$14,227,136 |
|
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