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 New York residents, the state will deduct 8.82% from your lottery earnings.
| New York 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(8.82%) | $36,629,460 | | Net Lumpsum Payment | $225,049,210 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$13,545,900 |
$4,972,313
$1,194,748 |
$7,378,839 |
| 2 |
$14,223,600 |
$5,223,062
$1,254,522 |
$7,746,016 |
| 3 |
$14,934,600 |
$5,486,132
$1,317,232 |
$8,131,236 |
| 4 |
$15,681,600 |
$5,762,522
$1,383,117 |
$8,535,961 |
| 5 |
$16,465,500 |
$6,052,565
$1,452,257 |
$8,960,678 |
| 6 |
$17,289,000 |
$6,357,260
$1,524,890 |
$9,406,850 |
| 7 |
$18,153,000 |
$6,676,940
$1,601,095 |
$9,874,965 |
| 8 |
$19,061,100 |
$7,012,937
$1,681,189 |
$10,366,974 |
| 9 |
$20,014,200 |
$7,365,584
$1,765,252 |
$10,883,364 |
| 10 |
$21,015,000 |
$7,735,880
$1,853,523 |
$11,425,597 |
| 11 |
$22,065,300 |
$8,124,491
$1,946,159 |
$11,994,650 |
| 12 |
$23,168,700 |
$8,532,749
$2,043,479 |
$12,592,472 |
| 13 |
$24,327,000 |
$8,961,320
$2,145,641 |
$13,220,039 |
| 14 |
$25,543,800 |
$9,411,536
$2,252,963 |
$13,879,301 |
| 15 |
$26,820,900 |
$9,884,063
$2,365,603 |
$14,571,234 |
| 16 |
$28,161,900 |
$10,380,233
$2,483,880 |
$15,297,787 |
| 17 |
$29,569,500 |
$10,901,045
$2,608,030 |
$16,060,425 |
| 18 |
$31,048,200 |
$11,448,164
$2,738,451 |
$16,861,585 |
| 19 |
$32,600,700 |
$12,022,589
$2,875,382 |
$17,702,729 |
| 20 |
$34,230,600 |
$12,625,652
$3,019,139 |
$18,585,809 |
| 21 |
$35,942,400 |
$13,259,018
$3,170,120 |
$19,513,262 |
| 22 |
$37,739,700 |
$13,924,019
$3,328,642 |
$20,487,039 |
| 23 |
$39,626,100 |
$14,621,987
$3,495,022 |
$21,509,091 |
| 24 |
$41,607,900 |
$15,355,253
$3,669,817 |
$22,582,830 |
| 25 |
$43,687,800 |
$16,124,816
$3,853,264 |
$23,709,720 |
| 26 |
$45,873,000 |
$16,933,340
$4,045,999 |
$24,893,661 |
| 27 |
$48,166,200 |
$17,781,824
$4,248,259 |
$26,136,117 |
| 28 |
$50,574,600 |
$18,672,932
$4,460,680 |
$27,440,988 |
| 29 |
$53,103,600 |
$19,608,662
$4,683,738 |
$28,811,200 |
| 30 |
$55,758,600 |
$20,591,012
$4,917,909 |
$30,249,679 |
|
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