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 Nebraska residents, the state will deduct 5% from your lottery earnings.
| Nebraska 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(5%) | $20,765,000 | | Net Lumpsum Payment | $240,913,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$13,545,900 |
$4,972,313 $677,295 |
$7,896,292 |
| 2 |
$14,223,600 |
$5,223,062 $711,180 |
$8,289,358 |
| 3 |
$14,934,600 |
$5,486,132 $746,730 |
$8,701,738 |
| 4 |
$15,681,600 |
$5,762,522 $784,080 |
$9,134,998 |
| 5 |
$16,465,500 |
$6,052,565 $823,275 |
$9,589,660 |
| 6 |
$17,289,000 |
$6,357,260 $864,450 |
$10,067,290 |
| 7 |
$18,153,000 |
$6,676,940 $907,650 |
$10,568,410 |
| 8 |
$19,061,100 |
$7,012,937 $953,055 |
$11,095,108 |
| 9 |
$20,014,200 |
$7,365,584 $1,000,710 |
$11,647,906 |
| 10 |
$21,015,000 |
$7,735,880 $1,050,750 |
$12,228,370 |
| 11 |
$22,065,300 |
$8,124,491 $1,103,265 |
$12,837,544 |
| 12 |
$23,168,700 |
$8,532,749 $1,158,435 |
$13,477,516 |
| 13 |
$24,327,000 |
$8,961,320 $1,216,350 |
$14,149,330 |
| 14 |
$25,543,800 |
$9,411,536 $1,277,190 |
$14,855,074 |
| 15 |
$26,820,900 |
$9,884,063 $1,341,045 |
$15,595,792 |
| 16 |
$28,161,900 |
$10,380,233 $1,408,095 |
$16,373,572 |
| 17 |
$29,569,500 |
$10,901,045 $1,478,475 |
$17,189,980 |
| 18 |
$31,048,200 |
$11,448,164 $1,552,410 |
$18,047,626 |
| 19 |
$32,600,700 |
$12,022,589 $1,630,035 |
$18,948,076 |
| 20 |
$34,230,600 |
$12,625,652 $1,711,530 |
$19,893,418 |
| 21 |
$35,942,400 |
$13,259,018 $1,797,120 |
$20,886,262 |
| 22 |
$37,739,700 |
$13,924,019 $1,886,985 |
$21,928,696 |
| 23 |
$39,626,100 |
$14,621,987 $1,981,305 |
$23,022,808 |
| 24 |
$41,607,900 |
$15,355,253 $2,080,395 |
$24,172,252 |
| 25 |
$43,687,800 |
$16,124,816 $2,184,390 |
$25,378,594 |
| 26 |
$45,873,000 |
$16,933,340 $2,293,650 |
$26,646,010 |
| 27 |
$48,166,200 |
$17,781,824 $2,408,310 |
$27,976,066 |
| 28 |
$50,574,600 |
$18,672,932 $2,528,730 |
$29,372,938 |
| 29 |
$53,103,600 |
$19,608,662 $2,655,180 |
$30,839,758 |
| 30 |
$55,758,600 |
$20,591,012 $2,787,930 |
$32,379,658 |
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