The jackpot for the MEGA Millions draw on Fri Sep 5, 2025, is projected to be $336 Million, with an option for a cash payout of $151.3 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky MEGA Millions Jackpot/Cash Option for Fri Sep 5, 2025 |
|---|
| Draw Date | Fri Sep 5, 2025 | | Projected Jackpot | $336,000,000 | | Cash Value | $151,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $151,300,000 | | Federal Tax(24%) | $36,312,000 | | Additional Federal Tax | $19,629,330 | | State Tax(4.5%) | $6,808,500 | | Net Lumpsum Payment | $88,550,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,057,136 |
$1,831,471
$227,571 |
$2,998,094 |
| 2 |
$5,310,144 |
$1,925,084
$238,956 |
$3,146,104 |
| 3 |
$5,575,584 |
$2,023,296
$250,901 |
$3,301,387 |
| 4 |
$5,854,464 |
$2,126,482
$263,451 |
$3,464,531 |
| 5 |
$6,147,120 |
$2,234,765
$276,620 |
$3,635,735 |
| 6 |
$6,454,560 |
$2,348,518
$290,455 |
$3,815,587 |
| 7 |
$6,777,120 |
$2,467,865
$304,970 |
$4,004,285 |
| 8 |
$7,116,144 |
$2,593,304
$320,226 |
$4,202,614 |
| 9 |
$7,471,968 |
$2,724,959
$336,239 |
$4,410,770 |
| 10 |
$7,845,600 |
$2,863,202
$353,052 |
$4,629,346 |
| 11 |
$8,237,712 |
$3,008,284
$370,697 |
$4,858,731 |
| 12 |
$8,649,648 |
$3,160,700
$389,234 |
$5,099,714 |
| 13 |
$9,082,080 |
$3,320,700
$408,694 |
$5,352,686 |
| 14 |
$9,536,352 |
$3,488,781
$429,136 |
$5,618,435 |
| 15 |
$10,013,136 |
$3,665,191
$450,591 |
$5,897,354 |
| 16 |
$10,513,776 |
$3,850,428
$473,120 |
$6,190,228 |
| 17 |
$11,039,280 |
$4,044,864
$496,768 |
$6,497,648 |
| 18 |
$11,591,328 |
$4,249,122
$521,610 |
$6,820,596 |
| 19 |
$12,170,928 |
$4,463,574
$547,692 |
$7,159,662 |
| 20 |
$12,779,424 |
$4,688,717
$575,074 |
$7,515,633 |
| 21 |
$13,418,496 |
$4,925,174
$603,832 |
$7,889,490 |
| 22 |
$14,089,488 |
$5,173,441
$634,027 |
$8,282,020 |
| 23 |
$14,793,744 |
$5,434,016
$665,718 |
$8,694,010 |
| 24 |
$15,533,616 |
$5,707,768
$699,013 |
$9,126,835 |
| 25 |
$16,310,112 |
$5,995,072
$733,955 |
$9,581,085 |
| 26 |
$17,125,920 |
$6,296,921
$770,666 |
$10,058,333 |
| 27 |
$17,982,048 |
$6,613,688
$809,192 |
$10,559,168 |
| 28 |
$18,881,184 |
$6,946,368
$849,653 |
$11,085,163 |
| 29 |
$19,825,344 |
$7,295,708
$892,140 |
$11,637,496 |
| 30 |
$20,816,544 |
$7,662,452
$936,744 |
$12,217,348 |
|
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