Jackpot Analysis South Carolina Mega Millions

Jackpot Analysis for South Carolina Mega Millions
The jackpot for the MEGA Millions draw on Tue Nov 11, 2025, is projected to be $900 Million, with an option for a cash payout of $415.3 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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.

South Carolina MEGA Millions Jackpot/Cash Option for Tue Nov 11, 2025
Draw DateTue Nov 11, 2025
Projected Jackpot$900,000,000
Cash Value$415,300,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$415,300,000
Federal Tax(24%)$99,672,000
Additional Federal Tax$53,949,330
State Tax(6.9%)$28,655,700
Net Lumpsum Payment$233,022,970
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $13,545,900 $4,972,313
$934,667
$7,638,920
2 $14,223,600 $5,223,062
$981,428
$8,019,110
3 $14,934,600 $5,486,132
$1,030,487
$8,417,981
4 $15,681,600 $5,762,522
$1,082,030
$8,837,048
5 $16,465,500 $6,052,565
$1,136,120
$9,276,815
6 $17,289,000 $6,357,260
$1,192,941
$9,738,799
7 $18,153,000 $6,676,940
$1,252,557
$10,223,503
8 $19,061,100 $7,012,937
$1,315,216
$10,732,947
9 $20,014,200 $7,365,584
$1,380,980
$11,267,636
10 $21,015,000 $7,735,880
$1,450,035
$11,829,085
11 $22,065,300 $8,124,491
$1,522,506
$12,418,303
12 $23,168,700 $8,532,749
$1,598,640
$13,037,311
13 $24,327,000 $8,961,320
$1,678,563
$13,687,117
14 $25,543,800 $9,411,536
$1,762,522
$14,369,742
15 $26,820,900 $9,884,063
$1,850,642
$15,086,195
16 $28,161,900 $10,380,233
$1,943,171
$15,838,496
17 $29,569,500 $10,901,045
$2,040,296
$16,628,159
18 $31,048,200 $11,448,164
$2,142,326
$17,457,710
19 $32,600,700 $12,022,589
$2,249,448
$18,328,663
20 $34,230,600 $12,625,652
$2,361,911
$19,243,037
21 $35,942,400 $13,259,018
$2,480,026
$20,203,356
22 $37,739,700 $13,924,019
$2,604,039
$21,211,642
23 $39,626,100 $14,621,987
$2,734,201
$22,269,912
24 $41,607,900 $15,355,253
$2,870,945
$23,381,702
25 $43,687,800 $16,124,816
$3,014,458
$24,548,526
26 $45,873,000 $16,933,340
$3,165,237
$25,774,423
27 $48,166,200 $17,781,824
$3,323,468
$27,060,908
28 $50,574,600 $18,672,932
$3,489,647
$28,412,021
29 $53,103,600 $19,608,662
$3,664,148
$29,830,790
30 $55,758,600 $20,591,012
$3,847,343
$31,320,245