The jackpot for the MEGA Millions draw on Tue Oct 14, 2025, is projected to be $600 Million, with an option for a cash payout of $277.2 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 Oct 14, 2025 |
|---|
| Draw Date | Tue Oct 14, 2025 | | Projected Jackpot | $600,000,000 | | Cash Value | $277,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $277,200,000 | | Federal Tax(24%) | $66,528,000 | | Additional Federal Tax | $35,996,330 | | State Tax(4.5%) | $12,474,000 | | Net Lumpsum Payment | $162,201,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,030,600 |
$3,301,652
$406,377 |
$5,322,571 |
| 2 |
$9,482,400 |
$3,468,818
$426,708 |
$5,586,874 |
| 3 |
$9,956,400 |
$3,644,198
$448,038 |
$5,864,164 |
| 4 |
$10,454,400 |
$3,828,458
$470,448 |
$6,155,494 |
| 5 |
$10,977,000 |
$4,021,820
$493,965 |
$6,461,215 |
| 6 |
$11,526,000 |
$4,224,950
$518,670 |
$6,782,380 |
| 7 |
$12,102,000 |
$4,438,070
$544,590 |
$7,119,340 |
| 8 |
$12,707,400 |
$4,662,068
$571,833 |
$7,473,499 |
| 9 |
$13,342,800 |
$4,897,166
$600,426 |
$7,845,208 |
| 10 |
$14,010,000 |
$5,144,030
$630,450 |
$8,235,520 |
| 11 |
$14,710,200 |
$5,403,104
$661,959 |
$8,645,137 |
| 12 |
$15,445,800 |
$5,675,276
$695,061 |
$9,075,463 |
| 13 |
$16,218,000 |
$5,960,990
$729,810 |
$9,527,200 |
| 14 |
$17,029,200 |
$6,261,134
$766,314 |
$10,001,752 |
| 15 |
$17,880,600 |
$6,576,152
$804,627 |
$10,499,821 |
| 16 |
$18,774,600 |
$6,906,932
$844,857 |
$11,022,811 |
| 17 |
$19,713,000 |
$7,254,140
$887,085 |
$11,571,775 |
| 18 |
$20,698,800 |
$7,618,886
$931,446 |
$12,148,468 |
| 19 |
$21,733,800 |
$8,001,836
$978,021 |
$12,753,943 |
| 20 |
$22,820,400 |
$8,403,878
$1,026,918 |
$13,389,604 |
| 21 |
$23,961,600 |
$8,826,122
$1,078,272 |
$14,057,206 |
| 22 |
$25,159,800 |
$9,269,456
$1,132,191 |
$14,758,153 |
| 23 |
$26,417,400 |
$9,734,768
$1,188,783 |
$15,493,849 |
| 24 |
$27,738,600 |
$10,223,612
$1,248,237 |
$16,266,751 |
| 25 |
$29,125,200 |
$10,736,654
$1,310,634 |
$17,077,912 |
| 26 |
$30,582,000 |
$11,275,670
$1,376,190 |
$17,930,140 |
| 27 |
$32,110,800 |
$11,841,326
$1,444,986 |
$18,824,488 |
| 28 |
$33,716,400 |
$12,435,398
$1,517,238 |
$19,763,764 |
| 29 |
$35,402,400 |
$13,059,218
$1,593,108 |
$20,750,074 |
| 30 |
$37,172,400 |
$13,714,118
$1,672,758 |
$21,785,524 |
|
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