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 Minnesota residents, the state will deduct 7.25% from your lottery earnings.
| Minnesota MEGA Millions Jackpot/Cash Option for Tue Nov 11, 2025 |
|---|
| Draw Date | Tue 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(7.25%) | $30,109,250 | | Net Lumpsum Payment | $231,569,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$13,545,900 |
$4,972,313
$982,078 |
$7,591,509 |
| 2 |
$14,223,600 |
$5,223,062
$1,031,211 |
$7,969,327 |
| 3 |
$14,934,600 |
$5,486,132
$1,082,759 |
$8,365,709 |
| 4 |
$15,681,600 |
$5,762,522
$1,136,916 |
$8,782,162 |
| 5 |
$16,465,500 |
$6,052,565
$1,193,749 |
$9,219,186 |
| 6 |
$17,289,000 |
$6,357,260
$1,253,453 |
$9,678,287 |
| 7 |
$18,153,000 |
$6,676,940
$1,316,093 |
$10,159,967 |
| 8 |
$19,061,100 |
$7,012,937
$1,381,930 |
$10,666,233 |
| 9 |
$20,014,200 |
$7,365,584
$1,451,030 |
$11,197,586 |
| 10 |
$21,015,000 |
$7,735,880
$1,523,588 |
$11,755,532 |
| 11 |
$22,065,300 |
$8,124,491
$1,599,734 |
$12,341,075 |
| 12 |
$23,168,700 |
$8,532,749
$1,679,731 |
$12,956,220 |
| 13 |
$24,327,000 |
$8,961,320
$1,763,708 |
$13,601,972 |
| 14 |
$25,543,800 |
$9,411,536
$1,851,926 |
$14,280,338 |
| 15 |
$26,820,900 |
$9,884,063
$1,944,515 |
$14,992,322 |
| 16 |
$28,161,900 |
$10,380,233
$2,041,738 |
$15,739,929 |
| 17 |
$29,569,500 |
$10,901,045
$2,143,789 |
$16,524,666 |
| 18 |
$31,048,200 |
$11,448,164
$2,250,995 |
$17,349,041 |
| 19 |
$32,600,700 |
$12,022,589
$2,363,551 |
$18,214,560 |
| 20 |
$34,230,600 |
$12,625,652
$2,481,719 |
$19,123,229 |
| 21 |
$35,942,400 |
$13,259,018
$2,605,824 |
$20,077,558 |
| 22 |
$37,739,700 |
$13,924,019
$2,736,128 |
$21,079,553 |
| 23 |
$39,626,100 |
$14,621,987
$2,872,892 |
$22,131,221 |
| 24 |
$41,607,900 |
$15,355,253
$3,016,573 |
$23,236,074 |
| 25 |
$43,687,800 |
$16,124,816
$3,167,366 |
$24,395,618 |
| 26 |
$45,873,000 |
$16,933,340
$3,325,793 |
$25,613,867 |
| 27 |
$48,166,200 |
$17,781,824
$3,492,050 |
$26,892,326 |
| 28 |
$50,574,600 |
$18,672,932
$3,666,659 |
$28,235,009 |
| 29 |
$53,103,600 |
$19,608,662
$3,850,011 |
$29,644,927 |
| 30 |
$55,758,600 |
$20,591,012
$4,042,499 |
$31,125,089 |
|
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