Georgia Lottery

GALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 2, 2025 is estimated to be $302 Million, with a cash option of 136 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Georgia, your state will take 5.75% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Georgia MEGA Millions Jackpot/Cash Option for Tue Sep 2, 2025

Draw Date	Jackpot	Cash Option
Tue Sep 2, 2025	$302,000,000	$136,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$136,000,000
Federal Tax(24%)	$32,640,000
Additional Federal Tax	$17,640,330
State Tax(5.75%)	$7,820,000
Net Lumpsum Payment	$77,899,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,545,402	-$1,642,129 -$261,361	$2,641,912
2	$4,772,808	-$1,726,269 -$274,436	$2,772,103
3	$5,011,388	-$1,814,544 -$288,155	$2,908,689
4	$5,262,048	-$1,907,288 -$302,568	$3,052,192
5	$5,525,090	-$2,004,614 -$317,693	$3,202,783
6	$5,801,420	-$2,106,856 -$333,582	$3,360,982
7	$6,091,340	-$2,214,126 -$350,252	$3,526,962
8	$6,396,058	-$2,326,872 -$367,773	$3,701,413
9	$6,715,876	-$2,445,205 -$386,163	$3,884,508
10	$7,051,700	-$2,569,459 -$405,473	$4,076,768
11	$7,404,134	-$2,699,860 -$425,738	$4,278,536
12	$7,774,386	-$2,836,853 -$447,027	$4,490,506
13	$8,163,060	-$2,980,663 -$469,376	$4,713,021
14	$8,571,364	-$3,131,735 -$492,853	$4,946,776
15	$8,999,902	-$3,290,294 -$517,494	$5,192,114
16	$9,449,882	-$3,456,787 -$543,368	$5,449,727
17	$9,922,210	-$3,631,548 -$570,527	$5,720,135
18	$10,418,396	-$3,815,137 -$599,058	$6,004,201
19	$10,939,346	-$4,007,888 -$629,012	$6,302,446
20	$11,486,268	-$4,210,250 -$660,460	$6,615,558
21	$12,060,672	-$4,422,779 -$693,489	$6,944,404
22	$12,663,766	-$4,645,924 -$728,167	$7,289,675
23	$13,296,758	-$4,880,131 -$764,564	$7,652,063
24	$13,961,762	-$5,126,182 -$802,801	$8,032,779
25	$14,659,684	-$5,384,413 -$842,932	$8,432,339
26	$15,392,940	-$5,655,718 -$885,094	$8,852,128
27	$16,162,436	-$5,940,432 -$929,340	$9,292,664
28	$16,970,588	-$6,239,448 -$975,809	$9,755,331
29	$17,819,208	-$6,553,437 -$1,024,604	$10,241,167
30	$18,710,108	-$6,883,070 -$1,075,831	$10,751,207