North Carolina Lottery

NCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Nov 18, 2025 is estimated to be $50 Million, with a cash option of 23.2 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 North Carolina, your state will take 4.75% 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.

North Carolina MEGA Millions Jackpot/Cash Option for Tue Nov 18, 2025

Draw Date	Jackpot	Cash Option
Tue Nov 18, 2025	$50,000,000	$23,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$23,200,000
Federal Tax(24%)	$5,568,000
Additional Federal Tax	$2,976,330
State Tax(4.75%)	$1,102,000
Net Lumpsum Payment	$13,553,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$752,550	-$238,774 -$35,746	$478,030
2	$790,200	-$252,704 -$37,535	$499,961
3	$829,700	-$267,319 -$39,411	$522,970
4	$871,200	-$282,674 -$41,382	$547,144
5	$914,750	-$298,788 -$43,451	$572,511
6	$960,500	-$315,715 -$45,624	$599,161
7	$1,008,500	-$333,475 -$47,904	$627,121
8	$1,058,950	-$352,142 -$50,300	$656,508
9	$1,111,900	-$371,733 -$52,815	$687,352
10	$1,167,500	-$392,305 -$55,456	$719,739
11	$1,225,850	-$413,895 -$58,228	$753,727
12	$1,287,150	-$436,576 -$61,140	$789,434
13	$1,351,500	-$460,385 -$64,196	$826,919
14	$1,419,100	-$485,397 -$67,407	$866,296
15	$1,490,050	-$511,649 -$70,777	$907,624
16	$1,564,550	-$539,214 -$74,316	$951,020
17	$1,642,750	-$568,148 -$78,031	$996,571
18	$1,724,900	-$598,543 -$81,933	$1,044,424
19	$1,811,150	-$630,456 -$86,030	$1,094,664
20	$1,901,700	-$663,959 -$90,331	$1,147,410
21	$1,996,800	-$699,146 -$94,848	$1,202,806
22	$2,096,650	-$736,091 -$99,591	$1,260,968
23	$2,201,450	-$774,867 -$104,569	$1,322,014
24	$2,311,550	-$815,604 -$109,799	$1,386,147
25	$2,427,100	-$858,357 -$115,287	$1,453,456
26	$2,548,500	-$903,275 -$121,054	$1,524,171
27	$2,675,900	-$950,413 -$127,105	$1,598,382
28	$2,809,700	-$999,919 -$133,461	$1,676,320
29	$2,950,200	-$1,051,904 -$140,135	$1,758,161
30	$3,097,700	-$1,106,479 -$147,141	$1,844,080