South Carolina Lottery

SCLottery 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 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 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(6.9%)	$2,228,700
Net Lumpsum Payment	$18,159,970

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,053,570	-$350,151 -$72,696	$630,723
2	$1,106,280	-$369,654 -$76,333	$660,293
3	$1,161,580	-$390,115 -$80,149	$691,316
4	$1,219,680	-$411,612 -$84,158	$723,910
5	$1,280,650	-$434,171 -$88,365	$758,114
6	$1,344,700	-$457,869 -$92,784	$794,047
7	$1,411,900	-$482,733 -$97,421	$831,746
8	$1,482,530	-$508,866 -$102,295	$871,369
9	$1,556,660	-$536,295 -$107,410	$912,955
10	$1,634,500	-$565,095 -$112,781	$956,624
11	$1,716,190	-$595,321 -$118,417	$1,002,452
12	$1,802,010	-$627,074 -$124,339	$1,050,597
13	$1,892,100	-$660,407 -$130,555	$1,101,138
14	$1,986,740	-$695,424 -$137,085	$1,154,231
15	$2,086,070	-$732,176 -$143,939	$1,209,955
16	$2,190,370	-$770,767 -$151,136	$1,268,467
17	$2,299,850	-$811,275 -$158,690	$1,329,885
18	$2,414,860	-$853,829 -$166,625	$1,394,406
19	$2,535,610	-$898,506 -$174,957	$1,462,147
20	$2,662,380	-$945,411 -$183,704	$1,533,265
21	$2,795,520	-$994,673 -$192,891	$1,607,956
22	$2,935,310	-$1,046,395 -$202,536	$1,686,379
23	$3,082,030	-$1,100,681 -$212,660	$1,768,689
24	$3,236,170	-$1,157,713 -$223,296	$1,855,161
25	$3,397,940	-$1,217,568 -$234,458	$1,945,914
26	$3,567,900	-$1,280,453 -$246,185	$2,041,262
27	$3,746,260	-$1,346,447 -$258,492	$2,141,321
28	$3,933,580	-$1,415,755 -$271,417	$2,246,408
29	$4,130,280	-$1,488,534 -$284,989	$2,356,757
30	$4,336,780	-$1,564,939 -$299,238	$2,472,603