The jackpot for the MEGA Millions draw on Fri Sep 19, 2025, is projected to be $423 Million, with an option for a cash payout of $196.5 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky MEGA Millions Jackpot/Cash Option for Fri Sep 19, 2025 |
|---|
| Draw Date | Fri Sep 19, 2025 | | Projected Jackpot | $423,000,000 | | Cash Value | $196,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $196,500,000 | | Federal Tax(24%) | $47,160,000 | | Additional Federal Tax | $25,505,330 | | State Tax(4.5%) | $8,842,500 | | Net Lumpsum Payment | $114,992,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,366,573 |
$2,315,962
$286,496 |
$3,764,115 |
| 2 |
$6,685,092 |
$2,433,814
$300,829 |
$3,950,449 |
| 3 |
$7,019,262 |
$2,557,457
$315,867 |
$4,145,938 |
| 4 |
$7,370,352 |
$2,687,361
$331,666 |
$4,351,325 |
| 5 |
$7,738,785 |
$2,823,681
$348,245 |
$4,566,859 |
| 6 |
$8,125,830 |
$2,966,887
$365,662 |
$4,793,281 |
| 7 |
$8,531,910 |
$3,117,137
$383,936 |
$5,030,837 |
| 8 |
$8,958,717 |
$3,275,056
$403,142 |
$5,280,519 |
| 9 |
$9,406,674 |
$3,440,800
$423,300 |
$5,542,574 |
| 10 |
$9,877,050 |
$3,614,839
$444,467 |
$5,817,744 |
| 11 |
$10,370,691 |
$3,797,486
$466,681 |
$6,106,524 |
| 12 |
$10,889,289 |
$3,989,367
$490,018 |
$6,409,904 |
| 13 |
$11,433,690 |
$4,190,796
$514,516 |
$6,728,378 |
| 14 |
$12,005,586 |
$4,402,397
$540,251 |
$7,062,938 |
| 15 |
$12,605,823 |
$4,624,485
$567,262 |
$7,414,076 |
| 16 |
$13,236,093 |
$4,857,685
$595,624 |
$7,782,784 |
| 17 |
$13,897,665 |
$5,102,466
$625,395 |
$8,169,804 |
| 18 |
$14,592,654 |
$5,359,612
$656,669 |
$8,576,373 |
| 19 |
$15,322,329 |
$5,629,592
$689,505 |
$9,003,232 |
| 20 |
$16,088,382 |
$5,913,032
$723,977 |
$9,451,373 |
| 21 |
$16,892,928 |
$6,210,714
$760,182 |
$9,922,032 |
| 22 |
$17,737,659 |
$6,523,264
$798,195 |
$10,416,200 |
| 23 |
$18,624,267 |
$6,851,309
$838,092 |
$10,934,866 |
| 24 |
$19,555,713 |
$7,195,944
$880,007 |
$11,479,762 |
| 25 |
$20,533,266 |
$7,557,639
$923,997 |
$12,051,630 |
| 26 |
$21,560,310 |
$7,937,645
$970,214 |
$12,652,451 |
| 27 |
$22,638,114 |
$8,336,433
$1,018,715 |
$13,282,966 |
| 28 |
$23,770,062 |
$8,755,253
$1,069,653 |
$13,945,156 |
| 29 |
$24,958,692 |
$9,195,046
$1,123,141 |
$14,640,505 |
| 30 |
$26,206,542 |
$9,656,751
$1,179,294 |
$15,370,497 |
|
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