The jackpot for the MEGA Millions draw on Tue Dec 2, 2025, is projected to be $90 Million, with an option for a cash payout of $41.9 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 Indiana residents, the state will deduct 3.15% from your lottery earnings.
| Indiana MEGA Millions Jackpot/Cash Option for Tue Dec 2, 2025 |
|---|
| Draw Date | Tue Dec 2, 2025 | | Projected Jackpot | $90,000,000 | | Cash Value | $41,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $41,900,000 | | Federal Tax(24%) | $10,056,000 | | Additional Federal Tax | $5,407,330 | | State Tax(3.15%) | $1,319,850 | | Net Lumpsum Payment | $25,116,820 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,354,590 |
$461,529
$42,670 |
$850,391 |
| 2 |
$1,422,360 |
$486,604
$44,804 |
$890,952 |
| 3 |
$1,493,460 |
$512,911
$47,044 |
$933,505 |
| 4 |
$1,568,160 |
$540,550
$49,397 |
$978,213 |
| 5 |
$1,646,550 |
$569,554
$51,866 |
$1,025,130 |
| 6 |
$1,728,900 |
$600,023
$54,460 |
$1,074,417 |
| 7 |
$1,815,300 |
$631,991
$57,182 |
$1,126,127 |
| 8 |
$1,906,110 |
$665,591
$60,042 |
$1,180,477 |
| 9 |
$2,001,420 |
$700,856
$63,045 |
$1,237,519 |
| 10 |
$2,101,500 |
$737,885
$66,197 |
$1,297,418 |
| 11 |
$2,206,530 |
$776,746
$69,506 |
$1,360,278 |
| 12 |
$2,316,870 |
$817,572
$72,981 |
$1,426,317 |
| 13 |
$2,432,700 |
$860,429
$76,630 |
$1,495,641 |
| 14 |
$2,554,380 |
$905,451
$80,463 |
$1,568,466 |
| 15 |
$2,682,090 |
$952,704
$84,486 |
$1,644,900 |
| 16 |
$2,816,190 |
$1,002,321
$88,710 |
$1,725,159 |
| 17 |
$2,956,950 |
$1,054,402
$93,144 |
$1,809,404 |
| 18 |
$3,104,820 |
$1,109,114
$97,802 |
$1,897,904 |
| 19 |
$3,260,070 |
$1,166,556
$102,692 |
$1,990,822 |
| 20 |
$3,423,060 |
$1,226,863
$107,826 |
$2,088,371 |
| 21 |
$3,594,240 |
$1,290,199
$113,219 |
$2,190,822 |
| 22 |
$3,773,970 |
$1,356,699
$118,880 |
$2,298,391 |
| 23 |
$3,962,610 |
$1,426,496
$124,822 |
$2,411,292 |
| 24 |
$4,160,790 |
$1,499,823
$131,065 |
$2,529,902 |
| 25 |
$4,368,780 |
$1,576,779
$137,617 |
$2,654,384 |
| 26 |
$4,587,300 |
$1,657,631
$144,500 |
$2,785,169 |
| 27 |
$4,816,620 |
$1,742,480
$151,724 |
$2,922,416 |
| 28 |
$5,057,460 |
$1,831,591
$159,310 |
$3,066,559 |
| 29 |
$5,310,360 |
$1,925,164
$167,276 |
$3,217,920 |
| 30 |
$5,575,860 |
$2,023,399
$175,640 |
$3,376,821 |
|
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