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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina 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(6.9%) | $10,439,700 | | Net Lumpsum Payment | $84,918,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,057,136 |
$1,831,471
$348,942 |
$2,876,723 |
| 2 |
$5,310,144 |
$1,925,084
$366,400 |
$3,018,660 |
| 3 |
$5,575,584 |
$2,023,296
$384,715 |
$3,167,573 |
| 4 |
$5,854,464 |
$2,126,482
$403,958 |
$3,324,024 |
| 5 |
$6,147,120 |
$2,234,765
$424,151 |
$3,488,204 |
| 6 |
$6,454,560 |
$2,348,518
$445,365 |
$3,660,677 |
| 7 |
$6,777,120 |
$2,467,865
$467,621 |
$3,841,634 |
| 8 |
$7,116,144 |
$2,593,304
$491,014 |
$4,031,826 |
| 9 |
$7,471,968 |
$2,724,959
$515,566 |
$4,231,443 |
| 10 |
$7,845,600 |
$2,863,202
$541,346 |
$4,441,052 |
| 11 |
$8,237,712 |
$3,008,284
$568,402 |
$4,661,026 |
| 12 |
$8,649,648 |
$3,160,700
$596,826 |
$4,892,122 |
| 13 |
$9,082,080 |
$3,320,700
$626,664 |
$5,134,716 |
| 14 |
$9,536,352 |
$3,488,781
$658,008 |
$5,389,563 |
| 15 |
$10,013,136 |
$3,665,191
$690,906 |
$5,657,039 |
| 16 |
$10,513,776 |
$3,850,428
$725,451 |
$5,937,897 |
| 17 |
$11,039,280 |
$4,044,864
$761,710 |
$6,232,706 |
| 18 |
$11,591,328 |
$4,249,122
$799,802 |
$6,542,404 |
| 19 |
$12,170,928 |
$4,463,574
$839,794 |
$6,867,560 |
| 20 |
$12,779,424 |
$4,688,717
$881,780 |
$7,208,927 |
| 21 |
$13,418,496 |
$4,925,174
$925,876 |
$7,567,446 |
| 22 |
$14,089,488 |
$5,173,441
$972,175 |
$7,943,872 |
| 23 |
$14,793,744 |
$5,434,016
$1,020,768 |
$8,338,960 |
| 24 |
$15,533,616 |
$5,707,768
$1,071,820 |
$8,754,028 |
| 25 |
$16,310,112 |
$5,995,072
$1,125,398 |
$9,189,642 |
| 26 |
$17,125,920 |
$6,296,921
$1,181,688 |
$9,647,311 |
| 27 |
$17,982,048 |
$6,613,688
$1,240,761 |
$10,127,599 |
| 28 |
$18,881,184 |
$6,946,368
$1,302,802 |
$10,632,014 |
| 29 |
$19,825,344 |
$7,295,708
$1,367,949 |
$11,161,687 |
| 30 |
$20,816,544 |
$7,662,452
$1,436,342 |
$11,717,750 |
|
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