North Carolina Lottery

NCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Dec 30, 2025 is estimated to be $138 Million, with a cash option of 63.3 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 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 Dec 30, 2025

Draw Date	Jackpot	Cash Option
Tue Dec 30, 2025	$138,000,000	$63,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$63,300,000
Federal Tax(24%)	$15,192,000
Additional Federal Tax	$8,189,330
State Tax(4.75%)	$3,006,750
Net Lumpsum Payment	$36,911,920

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,077,038	-$728,834 -$98,659	$1,249,545
2	$2,180,952	-$767,283 -$103,595	$1,310,074
3	$2,289,972	-$807,620 -$108,774	$1,373,578
4	$2,404,512	-$850,000 -$114,214	$1,440,298
5	$2,524,710	-$894,473 -$119,924	$1,510,313
6	$2,650,980	-$941,193 -$125,922	$1,583,865
7	$2,783,460	-$990,211 -$132,214	$1,661,035
8	$2,922,702	-$1,041,730 -$138,828	$1,742,144
9	$3,068,844	-$1,095,803 -$145,770	$1,827,271
10	$3,222,300	-$1,152,581 -$153,059	$1,916,660
11	$3,383,346	-$1,212,168 -$160,709	$2,010,469
12	$3,552,534	-$1,274,768 -$168,745	$2,109,021
13	$3,730,140	-$1,340,482 -$177,182	$2,212,476
14	$3,916,716	-$1,409,515 -$186,044	$2,321,157
15	$4,112,538	-$1,481,969 -$195,346	$2,435,223
16	$4,318,158	-$1,558,049 -$205,113	$2,554,996
17	$4,533,990	-$1,637,907 -$215,365	$2,680,718
18	$4,760,724	-$1,721,798 -$226,134	$2,812,792
19	$4,998,774	-$1,809,877 -$237,442	$2,951,455
20	$5,248,692	-$1,902,346 -$249,313	$3,097,033
21	$5,511,168	-$1,999,463 -$261,780	$3,249,925
22	$5,786,754	-$2,101,429 -$274,871	$3,410,454
23	$6,076,002	-$2,208,451 -$288,610	$3,578,941
24	$6,379,878	-$2,320,885 -$303,044	$3,755,949
25	$6,698,796	-$2,438,885 -$318,193	$3,941,718
26	$7,033,860	-$2,562,859 -$334,108	$4,136,893
27	$7,385,484	-$2,692,959 -$350,810	$4,341,715
28	$7,754,772	-$2,829,596 -$368,352	$4,556,824
29	$8,142,552	-$2,973,075 -$386,771	$4,782,706
30	$8,549,652	-$3,123,702 -$406,108	$5,019,842