Rhode Island Lottery

RILottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Nov 25, 2025 is estimated to be $70 Million, with a cash option of 32.3 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 Rhode Island, your state will take 5.99% 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.

Rhode Island MEGA Millions Jackpot/Cash Option for Tue Nov 25, 2025

Draw Date	Jackpot	Cash Option
Tue Nov 25, 2025	$70,000,000	$32,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$32,300,000
Federal Tax(24%)	$7,752,000
Additional Federal Tax	$4,159,330
State Tax(5.99%)	$1,934,770
Net Lumpsum Payment	$18,453,900

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,053,570	-$350,151 -$63,109	$640,310
2	$1,106,280	-$369,654 -$66,266	$670,360
3	$1,161,580	-$390,115 -$69,579	$701,886
4	$1,219,680	-$411,612 -$73,059	$735,009
5	$1,280,650	-$434,171 -$76,711	$769,768
6	$1,344,700	-$457,869 -$80,548	$806,283
7	$1,411,900	-$482,733 -$84,573	$844,594
8	$1,482,530	-$508,866 -$88,804	$884,860
9	$1,556,660	-$536,295 -$93,244	$927,121
10	$1,634,500	-$565,095 -$97,907	$971,498
11	$1,716,190	-$595,321 -$102,800	$1,018,069
12	$1,802,010	-$627,074 -$107,940	$1,066,996
13	$1,892,100	-$660,407 -$113,337	$1,118,356
14	$1,986,740	-$695,424 -$119,006	$1,172,310
15	$2,086,070	-$732,176 -$124,956	$1,228,938
16	$2,190,370	-$770,767 -$131,203	$1,288,400
17	$2,299,850	-$811,275 -$137,761	$1,350,814
18	$2,414,860	-$853,829 -$144,650	$1,416,381
19	$2,535,610	-$898,506 -$151,883	$1,485,221
20	$2,662,380	-$945,411 -$159,477	$1,557,492
21	$2,795,520	-$994,673 -$167,452	$1,633,395
22	$2,935,310	-$1,046,395 -$175,825	$1,713,090
23	$3,082,030	-$1,100,681 -$184,614	$1,796,735
24	$3,236,170	-$1,157,713 -$193,847	$1,884,610
25	$3,397,940	-$1,217,568 -$203,537	$1,976,835
26	$3,567,900	-$1,280,453 -$213,717	$2,073,730
27	$3,746,260	-$1,346,447 -$224,401	$2,175,412
28	$3,933,580	-$1,415,755 -$235,621	$2,282,204
29	$4,130,280	-$1,488,534 -$247,404	$2,394,342
30	$4,336,780	-$1,564,939 -$259,773	$2,512,068