South Carolina Lottery

SCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Dec 16, 2025 is estimated to be $80 Million, with a cash option of 36.2 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 South Carolina, your state will take 6.9% 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.

South Carolina MEGA Millions Jackpot/Cash Option for Tue Dec 16, 2025

Draw Date	Jackpot	Cash Option
Tue Dec 16, 2025	$80,000,000	$36,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$36,200,000
Federal Tax(24%)	$8,688,000
Additional Federal Tax	$4,666,330
State Tax(6.9%)	$2,497,800
Net Lumpsum Payment	$20,347,870

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,204,080	-$405,840 -$83,082	$715,158
2	$1,264,320	-$428,129 -$87,238	$748,953
3	$1,327,520	-$451,513 -$91,599	$784,408
4	$1,393,920	-$476,081 -$96,180	$821,659
5	$1,463,600	-$501,862 -$100,988	$860,750
6	$1,536,800	-$528,946 -$106,039	$901,815
7	$1,613,600	-$557,362 -$111,338	$944,900
8	$1,694,320	-$587,229 -$116,908	$990,183
9	$1,779,040	-$618,575 -$122,754	$1,037,711
10	$1,868,000	-$651,490 -$128,892	$1,087,618
11	$1,961,360	-$686,034 -$135,334	$1,139,992
12	$2,059,440	-$722,323 -$142,101	$1,195,016
13	$2,162,400	-$760,418 -$149,206	$1,252,776
14	$2,270,560	-$800,438 -$156,669	$1,313,453
15	$2,384,080	-$842,440 -$164,502	$1,377,138
16	$2,503,280	-$886,544 -$172,726	$1,444,010
17	$2,628,400	-$932,838 -$181,360	$1,514,202
18	$2,759,840	-$981,471 -$190,429	$1,587,940
19	$2,897,840	-$1,032,531 -$199,951	$1,665,358
20	$3,042,720	-$1,086,137 -$209,948	$1,746,635
21	$3,194,880	-$1,142,436 -$220,447	$1,831,997
22	$3,354,640	-$1,201,547 -$231,470	$1,921,623
23	$3,522,320	-$1,263,589 -$243,040	$2,015,691
24	$3,698,480	-$1,328,768 -$255,195	$2,114,517
25	$3,883,360	-$1,397,174 -$267,952	$2,218,234
26	$4,077,600	-$1,469,042 -$281,354	$2,327,204
27	$4,281,440	-$1,544,463 -$295,419	$2,441,558
28	$4,495,520	-$1,623,673 -$310,191	$2,561,656
29	$4,720,320	-$1,706,849 -$325,702	$2,687,769
30	$4,956,320	-$1,794,169 -$341,986	$2,820,165