Jackpot Analysis Michigan Mega Millions

Jackpot Analysis for Michigan 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 Michigan residents, the state will deduct 4.25% from your lottery earnings.

Michigan 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(4.25%)$17,650,250
Net Lumpsum Payment$244,028,420
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $13,545,900 $4,972,313
$575,701
$7,997,886
2 $14,223,600 $5,223,062
$604,503
$8,396,035
3 $14,934,600 $5,486,132
$634,721
$8,813,747
4 $15,681,600 $5,762,522
$666,468
$9,252,610
5 $16,465,500 $6,052,565
$699,784
$9,713,151
6 $17,289,000 $6,357,260
$734,783
$10,196,957
7 $18,153,000 $6,676,940
$771,503
$10,704,557
8 $19,061,100 $7,012,937
$810,097
$11,238,066
9 $20,014,200 $7,365,584
$850,604
$11,798,012
10 $21,015,000 $7,735,880
$893,138
$12,385,982
11 $22,065,300 $8,124,491
$937,775
$13,003,034
12 $23,168,700 $8,532,749
$984,670
$13,651,281
13 $24,327,000 $8,961,320
$1,033,898
$14,331,782
14 $25,543,800 $9,411,536
$1,085,612
$15,046,652
15 $26,820,900 $9,884,063
$1,139,888
$15,796,949
16 $28,161,900 $10,380,233
$1,196,881
$16,584,786
17 $29,569,500 $10,901,045
$1,256,704
$17,411,751
18 $31,048,200 $11,448,164
$1,319,549
$18,280,487
19 $32,600,700 $12,022,589
$1,385,530
$19,192,581
20 $34,230,600 $12,625,652
$1,454,801
$20,150,147
21 $35,942,400 $13,259,018
$1,527,552
$21,155,830
22 $37,739,700 $13,924,019
$1,603,937
$22,211,744
23 $39,626,100 $14,621,987
$1,684,109
$23,320,004
24 $41,607,900 $15,355,253
$1,768,336
$24,484,311
25 $43,687,800 $16,124,816
$1,856,732
$25,706,252
26 $45,873,000 $16,933,340
$1,949,603
$26,990,057
27 $48,166,200 $17,781,824
$2,047,064
$28,337,312
28 $50,574,600 $18,672,932
$2,149,421
$29,752,247
29 $53,103,600 $19,608,662
$2,256,903
$31,238,035
30 $55,758,600 $20,591,012
$2,369,741
$32,797,847