The jackpot for the MEGA Millions draw on Tue Dec 2, 2025, is projected to be $90 Million, with an option for a cash payout of $41.9 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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina MEGA Millions Jackpot/Cash Option for Tue Dec 2, 2025 |
|---|
| Draw Date | Tue Dec 2, 2025 | | Projected Jackpot | $90,000,000 | | Cash Value | $41,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $41,900,000 | | Federal Tax(24%) | $10,056,000 | | Additional Federal Tax | $5,407,330 | | State Tax(6.9%) | $2,891,100 | | Net Lumpsum Payment | $23,545,570 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,354,590 |
$461,529
$93,467 |
$799,594 |
| 2 |
$1,422,360 |
$486,604
$98,143 |
$837,613 |
| 3 |
$1,493,460 |
$512,911
$103,049 |
$877,500 |
| 4 |
$1,568,160 |
$540,550
$108,203 |
$919,407 |
| 5 |
$1,646,550 |
$569,554
$113,612 |
$963,384 |
| 6 |
$1,728,900 |
$600,023
$119,294 |
$1,009,583 |
| 7 |
$1,815,300 |
$631,991
$125,256 |
$1,058,053 |
| 8 |
$1,906,110 |
$665,591
$131,522 |
$1,108,997 |
| 9 |
$2,001,420 |
$700,856
$138,098 |
$1,162,466 |
| 10 |
$2,101,500 |
$737,885
$145,004 |
$1,218,611 |
| 11 |
$2,206,530 |
$776,746
$152,251 |
$1,277,533 |
| 12 |
$2,316,870 |
$817,572
$159,864 |
$1,339,434 |
| 13 |
$2,432,700 |
$860,429
$167,856 |
$1,404,415 |
| 14 |
$2,554,380 |
$905,451
$176,252 |
$1,472,677 |
| 15 |
$2,682,090 |
$952,704
$185,064 |
$1,544,322 |
| 16 |
$2,816,190 |
$1,002,321
$194,317 |
$1,619,552 |
| 17 |
$2,956,950 |
$1,054,402
$204,030 |
$1,698,518 |
| 18 |
$3,104,820 |
$1,109,114
$214,233 |
$1,781,473 |
| 19 |
$3,260,070 |
$1,166,556
$224,945 |
$1,868,569 |
| 20 |
$3,423,060 |
$1,226,863
$236,191 |
$1,960,006 |
| 21 |
$3,594,240 |
$1,290,199
$248,003 |
$2,056,038 |
| 22 |
$3,773,970 |
$1,356,699
$260,404 |
$2,156,867 |
| 23 |
$3,962,610 |
$1,426,496
$273,420 |
$2,262,694 |
| 24 |
$4,160,790 |
$1,499,823
$287,095 |
$2,373,872 |
| 25 |
$4,368,780 |
$1,576,779
$301,446 |
$2,490,555 |
| 26 |
$4,587,300 |
$1,657,631
$316,524 |
$2,613,145 |
| 27 |
$4,816,620 |
$1,742,480
$332,347 |
$2,741,793 |
| 28 |
$5,057,460 |
$1,831,591
$348,965 |
$2,876,904 |
| 29 |
$5,310,360 |
$1,925,164
$366,415 |
$3,018,781 |
| 30 |
$5,575,860 |
$2,023,399
$384,734 |
$3,167,727 |
|
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