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 North Carolina residents, the state will deduct 4.75% from your lottery earnings.
| North Carolina 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(4.75%) | $1,315,750 | | Net Lumpsum Payment | $16,174,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$903,060 |
$294,463
$42,895 |
$565,702 |
| 2 |
$948,240 |
$311,179
$45,041 |
$592,020 |
| 3 |
$995,640 |
$328,717
$47,293 |
$619,630 |
| 4 |
$1,045,440 |
$347,143
$49,658 |
$648,639 |
| 5 |
$1,097,700 |
$366,479
$52,141 |
$679,080 |
| 6 |
$1,152,600 |
$386,792
$54,749 |
$711,059 |
| 7 |
$1,210,200 |
$408,104
$57,485 |
$744,611 |
| 8 |
$1,270,740 |
$430,504
$60,360 |
$779,876 |
| 9 |
$1,334,280 |
$454,014
$63,378 |
$816,888 |
| 10 |
$1,401,000 |
$478,700
$66,548 |
$855,752 |
| 11 |
$1,471,020 |
$504,608
$69,873 |
$896,539 |
| 12 |
$1,544,580 |
$531,825
$73,368 |
$939,387 |
| 13 |
$1,621,800 |
$560,396
$77,036 |
$984,368 |
| 14 |
$1,702,920 |
$590,411
$80,889 |
$1,031,620 |
| 15 |
$1,788,060 |
$621,913
$84,933 |
$1,081,214 |
| 16 |
$1,877,460 |
$654,991
$89,179 |
$1,133,290 |
| 17 |
$1,971,300 |
$689,711
$93,637 |
$1,187,952 |
| 18 |
$2,069,880 |
$726,186
$98,319 |
$1,245,375 |
| 19 |
$2,173,380 |
$764,481
$103,236 |
$1,305,663 |
| 20 |
$2,282,040 |
$804,685
$108,397 |
$1,368,958 |
| 21 |
$2,396,160 |
$846,910
$113,818 |
$1,435,432 |
| 22 |
$2,515,980 |
$891,243
$119,509 |
$1,505,228 |
| 23 |
$2,641,740 |
$937,774
$125,483 |
$1,578,483 |
| 24 |
$2,773,860 |
$986,659
$131,758 |
$1,655,443 |
| 25 |
$2,912,520 |
$1,037,963
$138,345 |
$1,736,212 |
| 26 |
$3,058,200 |
$1,091,864
$145,265 |
$1,821,071 |
| 27 |
$3,211,080 |
$1,148,430
$152,526 |
$1,910,124 |
| 28 |
$3,371,640 |
$1,207,837
$160,153 |
$2,003,650 |
| 29 |
$3,540,240 |
$1,270,219
$168,161 |
$2,101,860 |
| 30 |
$3,717,240 |
$1,335,709
$176,569 |
$2,204,962 |
|
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