Georgia Lottery

GALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Nov 4, 2025 is estimated to be $800 Million, with a cash option of 371.7 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 Nov 4, 2025

Draw Date	Jackpot	Cash Option
Tue Nov 4, 2025	$800,000,000	$371,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$371,700,000
Federal Tax(24%)	$89,208,000
Additional Federal Tax	$48,281,330
State Tax(5.75%)	$21,372,750
Net Lumpsum Payment	$212,837,920

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$12,040,800	-$4,415,426 -$692,346	$6,933,028
2	$12,643,200	-$4,638,314 -$726,984	$7,277,902
3	$13,275,200	-$4,872,154 -$763,324	$7,639,722
4	$13,939,200	-$5,117,834 -$801,504	$8,019,862
5	$14,636,000	-$5,375,650 -$841,570	$8,418,780
6	$15,368,000	-$5,646,490 -$883,660	$8,837,850
7	$16,136,000	-$5,930,650 -$927,820	$9,277,530
8	$16,943,200	-$6,229,314 -$974,234	$9,739,652
9	$17,790,400	-$6,542,778 -$1,022,948	$10,224,674
10	$18,680,000	-$6,871,930 -$1,074,100	$10,733,970
11	$19,613,600	-$7,217,362 -$1,127,782	$11,268,456
12	$20,594,400	-$7,580,258 -$1,184,178	$11,829,964
13	$21,624,000	-$7,961,210 -$1,243,380	$12,419,410
14	$22,705,600	-$8,361,402 -$1,305,572	$13,038,626
15	$23,840,800	-$8,781,426 -$1,370,846	$13,688,528
16	$25,032,800	-$9,222,466 -$1,439,386	$14,370,948
17	$26,284,000	-$9,685,410 -$1,511,330	$15,087,260
18	$27,598,400	-$10,171,738 -$1,586,908	$15,839,754
19	$28,978,400	-$10,682,338 -$1,666,258	$16,629,804
20	$30,427,200	-$11,218,394 -$1,749,564	$17,459,242
21	$31,948,800	-$11,781,386 -$1,837,056	$18,330,358
22	$33,546,400	-$12,372,498 -$1,928,918	$19,244,984
23	$35,223,200	-$12,992,914 -$2,025,334	$20,204,952
24	$36,984,800	-$13,644,706 -$2,126,626	$21,213,468
25	$38,833,600	-$14,328,762 -$2,232,932	$22,271,906
26	$40,776,000	-$15,047,450 -$2,344,620	$23,383,930
27	$42,814,400	-$15,801,658 -$2,461,828	$24,550,914
28	$44,955,200	-$16,593,754 -$2,584,924	$25,776,522
29	$47,203,200	-$17,425,514 -$2,714,184	$27,063,502
30	$49,563,200	-$18,298,714 -$2,849,884	$28,414,602