Jackpot Analysis Indiana Mega Millions

Jackpot Analysis for Indiana 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 Indiana residents, the state will deduct 3.15% from your lottery earnings.

Indiana 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(3.15%)$13,081,950
Net Lumpsum Payment$248,596,720
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $13,545,900 $4,972,313
$426,696
$8,146,891
2 $14,223,600 $5,223,062
$448,043
$8,552,495
3 $14,934,600 $5,486,132
$470,440
$8,978,028
4 $15,681,600 $5,762,522
$493,970
$9,425,108
5 $16,465,500 $6,052,565
$518,663
$9,894,272
6 $17,289,000 $6,357,260
$544,604
$10,387,136
7 $18,153,000 $6,676,940
$571,820
$10,904,240
8 $19,061,100 $7,012,937
$600,425
$11,447,738
9 $20,014,200 $7,365,584
$630,447
$12,018,169
10 $21,015,000 $7,735,880
$661,973
$12,617,147
11 $22,065,300 $8,124,491
$695,057
$13,245,752
12 $23,168,700 $8,532,749
$729,814
$13,906,137
13 $24,327,000 $8,961,320
$766,301
$14,599,379
14 $25,543,800 $9,411,536
$804,630
$15,327,634
15 $26,820,900 $9,884,063
$844,858
$16,091,979
16 $28,161,900 $10,380,233
$887,100
$16,894,567
17 $29,569,500 $10,901,045
$931,439
$17,737,016
18 $31,048,200 $11,448,164
$978,018
$18,622,018
19 $32,600,700 $12,022,589
$1,026,922
$19,551,189
20 $34,230,600 $12,625,652
$1,078,264
$20,526,684
21 $35,942,400 $13,259,018
$1,132,186
$21,551,196
22 $37,739,700 $13,924,019
$1,188,801
$22,626,880
23 $39,626,100 $14,621,987
$1,248,222
$23,755,891
24 $41,607,900 $15,355,253
$1,310,649
$24,941,998
25 $43,687,800 $16,124,816
$1,376,166
$26,186,818
26 $45,873,000 $16,933,340
$1,445,000
$27,494,660
27 $48,166,200 $17,781,824
$1,517,235
$28,867,141
28 $50,574,600 $18,672,932
$1,593,100
$30,308,568
29 $53,103,600 $19,608,662
$1,672,763
$31,822,175
30 $55,758,600 $20,591,012
$1,756,396
$33,411,192