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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky 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(4.5%) | $1,246,500 | | Net Lumpsum Payment | $16,244,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$903,060 |
$294,463
$40,638 |
$567,959 |
| 2 |
$948,240 |
$311,179
$42,671 |
$594,390 |
| 3 |
$995,640 |
$328,717
$44,804 |
$622,119 |
| 4 |
$1,045,440 |
$347,143
$47,045 |
$651,252 |
| 5 |
$1,097,700 |
$366,479
$49,397 |
$681,824 |
| 6 |
$1,152,600 |
$386,792
$51,867 |
$713,941 |
| 7 |
$1,210,200 |
$408,104
$54,459 |
$747,637 |
| 8 |
$1,270,740 |
$430,504
$57,183 |
$783,053 |
| 9 |
$1,334,280 |
$454,014
$60,043 |
$820,223 |
| 10 |
$1,401,000 |
$478,700
$63,045 |
$859,255 |
| 11 |
$1,471,020 |
$504,608
$66,196 |
$900,216 |
| 12 |
$1,544,580 |
$531,825
$69,506 |
$943,249 |
| 13 |
$1,621,800 |
$560,396
$72,981 |
$988,423 |
| 14 |
$1,702,920 |
$590,411
$76,631 |
$1,035,878 |
| 15 |
$1,788,060 |
$621,913
$80,463 |
$1,085,684 |
| 16 |
$1,877,460 |
$654,991
$84,486 |
$1,137,983 |
| 17 |
$1,971,300 |
$689,711
$88,709 |
$1,192,880 |
| 18 |
$2,069,880 |
$726,186
$93,145 |
$1,250,549 |
| 19 |
$2,173,380 |
$764,481
$97,802 |
$1,311,097 |
| 20 |
$2,282,040 |
$804,685
$102,692 |
$1,374,663 |
| 21 |
$2,396,160 |
$846,910
$107,827 |
$1,441,423 |
| 22 |
$2,515,980 |
$891,243
$113,219 |
$1,511,518 |
| 23 |
$2,641,740 |
$937,774
$118,878 |
$1,585,088 |
| 24 |
$2,773,860 |
$986,659
$124,824 |
$1,662,377 |
| 25 |
$2,912,520 |
$1,037,963
$131,063 |
$1,743,494 |
| 26 |
$3,058,200 |
$1,091,864
$137,619 |
$1,828,717 |
| 27 |
$3,211,080 |
$1,148,430
$144,499 |
$1,918,151 |
| 28 |
$3,371,640 |
$1,207,837
$151,724 |
$2,012,079 |
| 29 |
$3,540,240 |
$1,270,219
$159,311 |
$2,110,710 |
| 30 |
$3,717,240 |
$1,335,709
$167,276 |
$2,214,255 |
|
|
