Jackpot Analysis Kentucky Mega Millions

Jackpot Analysis for Kentucky 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.

Kentucky 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(4.5%)$18,688,500
Net Lumpsum Payment$242,990,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $13,545,900 $4,972,313
$609,566
$7,964,021
2 $14,223,600 $5,223,062
$640,062
$8,360,476
3 $14,934,600 $5,486,132
$672,057
$8,776,411
4 $15,681,600 $5,762,522
$705,672
$9,213,406
5 $16,465,500 $6,052,565
$740,948
$9,671,987
6 $17,289,000 $6,357,260
$778,005
$10,153,735
7 $18,153,000 $6,676,940
$816,885
$10,659,175
8 $19,061,100 $7,012,937
$857,750
$11,190,413
9 $20,014,200 $7,365,584
$900,639
$11,747,977
10 $21,015,000 $7,735,880
$945,675
$12,333,445
11 $22,065,300 $8,124,491
$992,939
$12,947,870
12 $23,168,700 $8,532,749
$1,042,592
$13,593,359
13 $24,327,000 $8,961,320
$1,094,715
$14,270,965
14 $25,543,800 $9,411,536
$1,149,471
$14,982,793
15 $26,820,900 $9,884,063
$1,206,941
$15,729,896
16 $28,161,900 $10,380,233
$1,267,286
$16,514,381
17 $29,569,500 $10,901,045
$1,330,628
$17,337,827
18 $31,048,200 $11,448,164
$1,397,169
$18,202,867
19 $32,600,700 $12,022,589
$1,467,032
$19,111,079
20 $34,230,600 $12,625,652
$1,540,377
$20,064,571
21 $35,942,400 $13,259,018
$1,617,408
$21,065,974
22 $37,739,700 $13,924,019
$1,698,287
$22,117,394
23 $39,626,100 $14,621,987
$1,783,175
$23,220,938
24 $41,607,900 $15,355,253
$1,872,356
$24,380,291
25 $43,687,800 $16,124,816
$1,965,951
$25,597,033
26 $45,873,000 $16,933,340
$2,064,285
$26,875,375
27 $48,166,200 $17,781,824
$2,167,479
$28,216,897
28 $50,574,600 $18,672,932
$2,275,857
$29,625,811
29 $53,103,600 $19,608,662
$2,389,662
$31,105,276
30 $55,758,600 $20,591,012
$2,509,137
$32,658,451