The jackpot for the MEGA Millions draw on Fri Nov 7, 2025, is projected to be $843 Million, with an option for a cash payout of $391.7 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 Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland MEGA Millions Jackpot/Cash Option for Fri Nov 7, 2025 |
|---|
| Draw Date | Fri Nov 7, 2025 | | Projected Jackpot | $843,000,000 | | Cash Value | $391,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $391,700,000 | | Federal Tax(24%) | $94,008,000 | | Additional Federal Tax | $50,881,330 | | State Tax(8.95%) | $35,057,150 | | Net Lumpsum Payment | $211,753,520 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,687,993 |
$4,654,888
$1,135,575 |
$6,897,530 |
| 2 |
$13,322,772 |
$4,889,756
$1,192,388 |
$7,240,628 |
| 3 |
$13,988,742 |
$5,136,165
$1,251,992 |
$7,600,585 |
| 4 |
$14,688,432 |
$5,395,050
$1,314,615 |
$7,978,767 |
| 5 |
$15,422,685 |
$5,666,724
$1,380,330 |
$8,375,631 |
| 6 |
$16,194,030 |
$5,952,121
$1,449,366 |
$8,792,543 |
| 7 |
$17,003,310 |
$6,251,555
$1,521,796 |
$9,229,959 |
| 8 |
$17,853,897 |
$6,566,272
$1,597,924 |
$9,689,701 |
| 9 |
$18,746,634 |
$6,896,585
$1,677,824 |
$10,172,225 |
| 10 |
$19,684,050 |
$7,243,429
$1,761,722 |
$10,678,899 |
| 11 |
$20,667,831 |
$7,607,428
$1,849,771 |
$11,210,632 |
| 12 |
$21,701,349 |
$7,989,830
$1,942,271 |
$11,769,248 |
| 13 |
$22,786,290 |
$8,391,258
$2,039,373 |
$12,355,659 |
| 14 |
$23,926,026 |
$8,812,960
$2,141,379 |
$12,971,687 |
| 15 |
$25,122,243 |
$9,255,560
$2,248,441 |
$13,618,242 |
| 16 |
$26,378,313 |
$9,720,306
$2,360,859 |
$14,297,148 |
| 17 |
$27,696,765 |
$10,208,133
$2,478,860 |
$15,009,772 |
| 18 |
$29,081,814 |
$10,720,602
$2,602,822 |
$15,758,390 |
| 19 |
$30,535,989 |
$11,258,646
$2,732,971 |
$16,544,372 |
| 20 |
$32,062,662 |
$11,823,515
$2,869,608 |
$17,369,539 |
| 21 |
$33,666,048 |
$12,416,768
$3,013,111 |
$18,236,169 |
| 22 |
$35,349,519 |
$13,039,652
$3,163,782 |
$19,146,085 |
| 23 |
$37,116,447 |
$13,693,416
$3,321,922 |
$20,101,109 |
| 24 |
$38,972,733 |
$14,380,242
$3,488,060 |
$21,104,431 |
| 25 |
$40,920,906 |
$15,101,066
$3,662,421 |
$22,157,419 |
| 26 |
$42,967,710 |
$15,858,383
$3,845,610 |
$23,263,717 |
| 27 |
$45,115,674 |
$16,653,130
$4,037,853 |
$24,424,691 |
| 28 |
$47,371,542 |
$17,487,801
$4,239,753 |
$25,643,988 |
| 29 |
$49,740,372 |
$18,364,268
$4,451,763 |
$26,924,341 |
| 30 |
$52,227,222 |
$19,284,403
$4,674,336 |
$28,268,483 |
|
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