Jackpot Analysis Georgia Mega Millions

Jackpot Analysis for Georgia Mega Millions
The jackpot for the MEGA Millions draw on Tue Oct 14, 2025, is projected to be $600 Million, with an option for a cash payout of $277.2 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 Oct 14, 2025
Draw DateTue Oct 14, 2025
Projected Jackpot$600,000,000
Cash Value$277,200,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$277,200,000
Federal Tax(24%)$66,528,000
Additional Federal Tax$35,996,330
State Tax(5.75%)$15,939,000
Net Lumpsum Payment$158,736,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $9,030,600 $3,301,652
$519,260
$5,209,688
2 $9,482,400 $3,468,818
$545,238
$5,468,344
3 $9,956,400 $3,644,198
$572,493
$5,739,709
4 $10,454,400 $3,828,458
$601,128
$6,024,814
5 $10,977,000 $4,021,820
$631,178
$6,324,002
6 $11,526,000 $4,224,950
$662,745
$6,638,305
7 $12,102,000 $4,438,070
$695,865
$6,968,065
8 $12,707,400 $4,662,068
$730,676
$7,314,656
9 $13,342,800 $4,897,166
$767,211
$7,678,423
10 $14,010,000 $5,144,030
$805,575
$8,060,395
11 $14,710,200 $5,403,104
$845,837
$8,461,259
12 $15,445,800 $5,675,276
$888,134
$8,882,390
13 $16,218,000 $5,960,990
$932,535
$9,324,475
14 $17,029,200 $6,261,134
$979,179
$9,788,887
15 $17,880,600 $6,576,152
$1,028,135
$10,276,313
16 $18,774,600 $6,906,932
$1,079,540
$10,788,128
17 $19,713,000 $7,254,140
$1,133,498
$11,325,362
18 $20,698,800 $7,618,886
$1,190,181
$11,889,733
19 $21,733,800 $8,001,836
$1,249,694
$12,482,270
20 $22,820,400 $8,403,878
$1,312,173
$13,104,349
21 $23,961,600 $8,826,122
$1,377,792
$13,757,686
22 $25,159,800 $9,269,456
$1,446,689
$14,443,655
23 $26,417,400 $9,734,768
$1,519,001
$15,163,631
24 $27,738,600 $10,223,612
$1,594,970
$15,920,018
25 $29,125,200 $10,736,654
$1,674,699
$16,713,847
26 $30,582,000 $11,275,670
$1,758,465
$17,547,865
27 $32,110,800 $11,841,326
$1,846,371
$18,423,103
28 $33,716,400 $12,435,398
$1,938,693
$19,342,309
29 $35,402,400 $13,059,218
$2,035,638
$20,307,544
30 $37,172,400 $13,714,118
$2,137,413
$21,320,869