The jackpot for the MEGA Millions draw on Fri Nov 21, 2025, is projected to be $60 Million, with an option for a cash payout of $27.7 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 Fri Nov 21, 2025 |
|---|
| Draw Date | Fri Nov 21, 2025 | | Projected Jackpot | $60,000,000 | | Cash Value | $27,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $27,700,000 | | Federal Tax(24%) | $6,648,000 | | Additional Federal Tax | $3,561,330 | | State Tax(3.15%) | $872,550 | | Net Lumpsum Payment | $16,618,120 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$903,060 |
$294,463
$28,446 |
$580,151 |
| 2 |
$948,240 |
$311,179
$29,870 |
$607,191 |
| 3 |
$995,640 |
$328,717
$31,363 |
$635,560 |
| 4 |
$1,045,440 |
$347,143
$32,931 |
$665,366 |
| 5 |
$1,097,700 |
$366,479
$34,578 |
$696,643 |
| 6 |
$1,152,600 |
$386,792
$36,307 |
$729,501 |
| 7 |
$1,210,200 |
$408,104
$38,121 |
$763,975 |
| 8 |
$1,270,740 |
$430,504
$40,028 |
$800,208 |
| 9 |
$1,334,280 |
$454,014
$42,030 |
$838,236 |
| 10 |
$1,401,000 |
$478,700
$44,132 |
$878,168 |
| 11 |
$1,471,020 |
$504,608
$46,337 |
$920,075 |
| 12 |
$1,544,580 |
$531,825
$48,654 |
$964,101 |
| 13 |
$1,621,800 |
$560,396
$51,087 |
$1,010,317 |
| 14 |
$1,702,920 |
$590,411
$53,642 |
$1,058,867 |
| 15 |
$1,788,060 |
$621,913
$56,324 |
$1,109,823 |
| 16 |
$1,877,460 |
$654,991
$59,140 |
$1,163,329 |
| 17 |
$1,971,300 |
$689,711
$62,096 |
$1,219,493 |
| 18 |
$2,069,880 |
$726,186
$65,201 |
$1,278,493 |
| 19 |
$2,173,380 |
$764,481
$68,461 |
$1,340,438 |
| 20 |
$2,282,040 |
$804,685
$71,884 |
$1,405,471 |
| 21 |
$2,396,160 |
$846,910
$75,479 |
$1,473,771 |
| 22 |
$2,515,980 |
$891,243
$79,253 |
$1,545,484 |
| 23 |
$2,641,740 |
$937,774
$83,215 |
$1,620,751 |
| 24 |
$2,773,860 |
$986,659
$87,377 |
$1,699,824 |
| 25 |
$2,912,520 |
$1,037,963
$91,744 |
$1,782,813 |
| 26 |
$3,058,200 |
$1,091,864
$96,333 |
$1,870,003 |
| 27 |
$3,211,080 |
$1,148,430
$101,149 |
$1,961,501 |
| 28 |
$3,371,640 |
$1,207,837
$106,207 |
$2,057,596 |
| 29 |
$3,540,240 |
$1,270,219
$111,518 |
$2,158,503 |
| 30 |
$3,717,240 |
$1,335,709
$117,093 |
$2,264,438 |
|
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