The jackpot for the MEGA Millions draw on Fri Dec 26, 2025, is projected to be $125 Million, with an option for a cash payout of $56.9 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 North Carolina residents, the state will deduct 4.75% from your lottery earnings.
| North Carolina MEGA Millions Jackpot/Cash Option for Fri Dec 26, 2025 |
|---|
| Draw Date | Fri Dec 26, 2025 | | Projected Jackpot | $125,000,000 | | Cash Value | $56,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $56,900,000 | | Federal Tax(24%) | $13,656,000 | | Additional Federal Tax | $7,357,330 | | State Tax(4.75%) | $2,702,750 | | Net Lumpsum Payment | $33,183,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,881,375 |
$656,439
$89,365 |
$1,135,571 |
| 2 |
$1,975,500 |
$691,265
$93,836 |
$1,190,399 |
| 3 |
$2,074,250 |
$727,803
$98,527 |
$1,247,920 |
| 4 |
$2,178,000 |
$766,190
$103,455 |
$1,308,355 |
| 5 |
$2,286,875 |
$806,474
$108,627 |
$1,371,774 |
| 6 |
$2,401,250 |
$848,793
$114,059 |
$1,438,398 |
| 7 |
$2,521,250 |
$893,193
$119,759 |
$1,508,298 |
| 8 |
$2,647,375 |
$939,859
$125,750 |
$1,581,766 |
| 9 |
$2,779,750 |
$988,838
$132,038 |
$1,658,874 |
| 10 |
$2,918,750 |
$1,040,268
$138,641 |
$1,739,841 |
| 11 |
$3,064,625 |
$1,094,242
$145,570 |
$1,824,813 |
| 12 |
$3,217,875 |
$1,150,944
$152,849 |
$1,914,082 |
| 13 |
$3,378,750 |
$1,210,468
$160,491 |
$2,007,791 |
| 14 |
$3,547,750 |
$1,272,998
$168,518 |
$2,106,234 |
| 15 |
$3,725,125 |
$1,338,627
$176,943 |
$2,209,555 |
| 16 |
$3,911,375 |
$1,407,539
$185,790 |
$2,318,046 |
| 17 |
$4,106,875 |
$1,479,874
$195,077 |
$2,431,924 |
| 18 |
$4,312,250 |
$1,555,863
$204,832 |
$2,551,555 |
| 19 |
$4,527,875 |
$1,635,644
$215,074 |
$2,677,157 |
| 20 |
$4,754,250 |
$1,719,403
$225,827 |
$2,809,020 |
| 21 |
$4,992,000 |
$1,807,370
$237,120 |
$2,947,510 |
| 22 |
$5,241,625 |
$1,899,732
$248,977 |
$3,092,916 |
| 23 |
$5,503,625 |
$1,996,672
$261,422 |
$3,245,531 |
| 24 |
$5,778,875 |
$2,098,514
$274,497 |
$3,405,864 |
| 25 |
$6,067,750 |
$2,205,398
$288,218 |
$3,574,134 |
| 26 |
$6,371,250 |
$2,317,693
$302,634 |
$3,750,923 |
| 27 |
$6,689,750 |
$2,435,538
$317,763 |
$3,936,449 |
| 28 |
$7,024,250 |
$2,559,303
$333,652 |
$4,131,295 |
| 29 |
$7,375,500 |
$2,689,265
$350,336 |
$4,335,899 |
| 30 |
$7,744,250 |
$2,825,703
$367,852 |
$4,550,695 |
|
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