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 Virginia residents, the state will deduct 4% from your lottery earnings.
| Virginia 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(4%) | $16,612,000 | | Net Lumpsum Payment | $245,066,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$13,545,900 |
$4,972,313
$541,836 |
$8,031,751 |
| 2 |
$14,223,600 |
$5,223,062
$568,944 |
$8,431,594 |
| 3 |
$14,934,600 |
$5,486,132
$597,384 |
$8,851,084 |
| 4 |
$15,681,600 |
$5,762,522
$627,264 |
$9,291,814 |
| 5 |
$16,465,500 |
$6,052,565
$658,620 |
$9,754,315 |
| 6 |
$17,289,000 |
$6,357,260
$691,560 |
$10,240,180 |
| 7 |
$18,153,000 |
$6,676,940
$726,120 |
$10,749,940 |
| 8 |
$19,061,100 |
$7,012,937
$762,444 |
$11,285,719 |
| 9 |
$20,014,200 |
$7,365,584
$800,568 |
$11,848,048 |
| 10 |
$21,015,000 |
$7,735,880
$840,600 |
$12,438,520 |
| 11 |
$22,065,300 |
$8,124,491
$882,612 |
$13,058,197 |
| 12 |
$23,168,700 |
$8,532,749
$926,748 |
$13,709,203 |
| 13 |
$24,327,000 |
$8,961,320
$973,080 |
$14,392,600 |
| 14 |
$25,543,800 |
$9,411,536
$1,021,752 |
$15,110,512 |
| 15 |
$26,820,900 |
$9,884,063
$1,072,836 |
$15,864,001 |
| 16 |
$28,161,900 |
$10,380,233
$1,126,476 |
$16,655,191 |
| 17 |
$29,569,500 |
$10,901,045
$1,182,780 |
$17,485,675 |
| 18 |
$31,048,200 |
$11,448,164
$1,241,928 |
$18,358,108 |
| 19 |
$32,600,700 |
$12,022,589
$1,304,028 |
$19,274,083 |
| 20 |
$34,230,600 |
$12,625,652
$1,369,224 |
$20,235,724 |
| 21 |
$35,942,400 |
$13,259,018
$1,437,696 |
$21,245,686 |
| 22 |
$37,739,700 |
$13,924,019
$1,509,588 |
$22,306,093 |
| 23 |
$39,626,100 |
$14,621,987
$1,585,044 |
$23,419,069 |
| 24 |
$41,607,900 |
$15,355,253
$1,664,316 |
$24,588,331 |
| 25 |
$43,687,800 |
$16,124,816
$1,747,512 |
$25,815,472 |
| 26 |
$45,873,000 |
$16,933,340
$1,834,920 |
$27,104,740 |
| 27 |
$48,166,200 |
$17,781,824
$1,926,648 |
$28,457,728 |
| 28 |
$50,574,600 |
$18,672,932
$2,022,984 |
$29,878,684 |
| 29 |
$53,103,600 |
$19,608,662
$2,124,144 |
$31,370,794 |
| 30 |
$55,758,600 |
$20,591,012
$2,230,344 |
$32,937,244 |
|
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