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 Date | Tue 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 |
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