The jackpot for the MEGA Millions draw on Tue Dec 23, 2025, is projected to be $100 Million, with an option for a cash payout of $45.5 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 Georgia residents, the state will deduct 5.75% from your lottery earnings.
| Georgia MEGA Millions Jackpot/Cash Option for Tue Dec 23, 2025 |
|---|
| Draw Date | Tue Dec 23, 2025 | | Projected Jackpot | $100,000,000 | | Cash Value | $45,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $45,500,000 | | Federal Tax(24%) | $10,920,000 | | Additional Federal Tax | $5,875,330 | | State Tax(5.75%) | $2,616,250 | | Net Lumpsum Payment | $26,088,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,505,100 |
$517,217
$86,543 |
$901,340 |
| 2 |
$1,580,400 |
$545,078
$90,873 |
$944,449 |
| 3 |
$1,659,400 |
$574,308
$95,416 |
$989,676 |
| 4 |
$1,742,400 |
$605,018
$100,188 |
$1,037,194 |
| 5 |
$1,829,500 |
$637,245
$105,196 |
$1,087,059 |
| 6 |
$1,921,000 |
$671,100
$110,458 |
$1,139,442 |
| 7 |
$2,017,000 |
$706,620
$115,978 |
$1,194,402 |
| 8 |
$2,117,900 |
$743,953
$121,779 |
$1,252,168 |
| 9 |
$2,223,800 |
$783,136
$127,869 |
$1,312,795 |
| 10 |
$2,335,000 |
$824,280
$134,263 |
$1,376,457 |
| 11 |
$2,451,700 |
$867,459
$140,973 |
$1,443,268 |
| 12 |
$2,574,300 |
$912,821
$148,022 |
$1,513,457 |
| 13 |
$2,703,000 |
$960,440
$155,423 |
$1,587,137 |
| 14 |
$2,838,200 |
$1,010,464
$163,197 |
$1,664,539 |
| 15 |
$2,980,100 |
$1,062,967
$171,356 |
$1,745,777 |
| 16 |
$3,129,100 |
$1,118,097
$179,923 |
$1,831,080 |
| 17 |
$3,285,500 |
$1,175,965
$188,916 |
$1,920,619 |
| 18 |
$3,449,800 |
$1,236,756
$198,364 |
$2,014,680 |
| 19 |
$3,622,300 |
$1,300,581
$208,282 |
$2,113,437 |
| 20 |
$3,803,400 |
$1,367,588
$218,696 |
$2,217,116 |
| 21 |
$3,993,600 |
$1,437,962
$229,632 |
$2,326,006 |
| 22 |
$4,193,300 |
$1,511,851
$241,115 |
$2,440,334 |
| 23 |
$4,402,900 |
$1,589,403
$253,167 |
$2,560,330 |
| 24 |
$4,623,100 |
$1,670,877
$265,828 |
$2,686,395 |
| 25 |
$4,854,200 |
$1,756,384
$279,117 |
$2,818,699 |
| 26 |
$5,097,000 |
$1,846,220
$293,078 |
$2,957,702 |
| 27 |
$5,351,800 |
$1,940,496
$307,729 |
$3,103,575 |
| 28 |
$5,619,400 |
$2,039,508
$323,116 |
$3,256,776 |
| 29 |
$5,900,400 |
$2,143,478
$339,273 |
$3,417,649 |
| 30 |
$6,195,400 |
$2,252,628
$356,236 |
$3,586,536 |
|
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