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 Rhode Island residents, the state will deduct 5.99% from your lottery earnings.
| Rhode Island 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(5.99%) | $24,876,470 | | Net Lumpsum Payment | $236,802,200 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$13,545,900 |
$4,972,313
$811,399 |
$7,762,188 |
| 2 |
$14,223,600 |
$5,223,062
$851,994 |
$8,148,544 |
| 3 |
$14,934,600 |
$5,486,132
$894,583 |
$8,553,885 |
| 4 |
$15,681,600 |
$5,762,522
$939,328 |
$8,979,750 |
| 5 |
$16,465,500 |
$6,052,565
$986,283 |
$9,426,652 |
| 6 |
$17,289,000 |
$6,357,260
$1,035,611 |
$9,896,129 |
| 7 |
$18,153,000 |
$6,676,940
$1,087,365 |
$10,388,695 |
| 8 |
$19,061,100 |
$7,012,937
$1,141,760 |
$10,906,403 |
| 9 |
$20,014,200 |
$7,365,584
$1,198,851 |
$11,449,765 |
| 10 |
$21,015,000 |
$7,735,880
$1,258,799 |
$12,020,321 |
| 11 |
$22,065,300 |
$8,124,491
$1,321,711 |
$12,619,098 |
| 12 |
$23,168,700 |
$8,532,749
$1,387,805 |
$13,248,146 |
| 13 |
$24,327,000 |
$8,961,320
$1,457,187 |
$13,908,493 |
| 14 |
$25,543,800 |
$9,411,536
$1,530,074 |
$14,602,190 |
| 15 |
$26,820,900 |
$9,884,063
$1,606,572 |
$15,330,265 |
| 16 |
$28,161,900 |
$10,380,233
$1,686,898 |
$16,094,769 |
| 17 |
$29,569,500 |
$10,901,045
$1,771,213 |
$16,897,242 |
| 18 |
$31,048,200 |
$11,448,164
$1,859,787 |
$17,740,249 |
| 19 |
$32,600,700 |
$12,022,589
$1,952,782 |
$18,625,329 |
| 20 |
$34,230,600 |
$12,625,652
$2,050,413 |
$19,554,535 |
| 21 |
$35,942,400 |
$13,259,018
$2,152,950 |
$20,530,432 |
| 22 |
$37,739,700 |
$13,924,019
$2,260,608 |
$21,555,073 |
| 23 |
$39,626,100 |
$14,621,987
$2,373,603 |
$22,630,510 |
| 24 |
$41,607,900 |
$15,355,253
$2,492,313 |
$23,760,334 |
| 25 |
$43,687,800 |
$16,124,816
$2,616,899 |
$24,946,085 |
| 26 |
$45,873,000 |
$16,933,340
$2,747,793 |
$26,191,867 |
| 27 |
$48,166,200 |
$17,781,824
$2,885,155 |
$27,499,221 |
| 28 |
$50,574,600 |
$18,672,932
$3,029,419 |
$28,872,249 |
| 29 |
$53,103,600 |
$19,608,662
$3,180,906 |
$30,314,032 |
| 30 |
$55,758,600 |
$20,591,012
$3,339,940 |
$31,827,648 |
|
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