Kentucky Lottery

KYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Dec 5, 2025 is estimated to be $50 Million, with a cash option of 23.3 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 Kentucky, your state will take 4.5% of your lottery winnings.

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

Kentucky MEGA Millions Jackpot/Cash Option for Fri Dec 5, 2025

Draw Date	Jackpot	Cash Option
Fri Dec 5, 2025	$50,000,000	$23,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$23,300,000
Federal Tax(24%)	$5,592,000
Additional Federal Tax	$2,989,330
State Tax(4.5%)	$1,048,500
Net Lumpsum Payment	$13,670,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$752,550	-$238,774 -$33,865	$479,911
2	$790,200	-$252,704 -$35,559	$501,937
3	$829,700	-$267,319 -$37,337	$525,044
4	$871,200	-$282,674 -$39,204	$549,322
5	$914,750	-$298,788 -$41,164	$574,798
6	$960,500	-$315,715 -$43,223	$601,562
7	$1,008,500	-$333,475 -$45,383	$629,642
8	$1,058,950	-$352,142 -$47,653	$659,155
9	$1,111,900	-$371,733 -$50,036	$690,131
10	$1,167,500	-$392,305 -$52,538	$722,657
11	$1,225,850	-$413,895 -$55,163	$756,792
12	$1,287,150	-$436,576 -$57,922	$792,652
13	$1,351,500	-$460,385 -$60,818	$830,297
14	$1,419,100	-$485,397 -$63,860	$869,843
15	$1,490,050	-$511,649 -$67,052	$911,349
16	$1,564,550	-$539,214 -$70,405	$954,931
17	$1,642,750	-$568,148 -$73,924	$1,000,678
18	$1,724,900	-$598,543 -$77,621	$1,048,736
19	$1,811,150	-$630,456 -$81,502	$1,099,192
20	$1,901,700	-$663,959 -$85,577	$1,152,164
21	$1,996,800	-$699,146 -$89,856	$1,207,798
22	$2,096,650	-$736,091 -$94,349	$1,266,210
23	$2,201,450	-$774,867 -$99,065	$1,327,518
24	$2,311,550	-$815,604 -$104,020	$1,391,926
25	$2,427,100	-$858,357 -$109,220	$1,459,523
26	$2,548,500	-$903,275 -$114,683	$1,530,542
27	$2,675,900	-$950,413 -$120,416	$1,605,071
28	$2,809,700	-$999,919 -$126,437	$1,683,344
29	$2,950,200	-$1,051,904 -$132,759	$1,765,537
30	$3,097,700	-$1,106,479 -$139,397	$1,851,824