Jackpot Analysis Georgia Mega Millions 1m1s3t

Jackpot Analysis for Georgia Mega Millions
The jackpot for the MEGA Millions draw on Tue Jun 10, 2025, is projected to be $243 Million, with an option for a cash payout of $108 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Georgia residents, the state will deduct 5.75% from your lottery earnings.

Georgia MEGA Millions Jackpot/Cash Option for Tue Jun 10, 2025
Draw Date Tue Jun 10, 2025
Projected Jackpot $243,000,000
Cash Value $108,000,000

Lumpsum Option Taxes and Payment
Cash Gross Payment $108,000,000
Federal Tax(24%) $25,920,000
Additional Federal Tax $14,000,330
State Tax(5.75%) $6,210,000
Net Lumpsum Payment $61,869,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,657,393 $1,313,566
$210,300
$2,133,527
2 $3,840,372 $1,381,268
$220,821
$2,238,283
3 $4,032,342 $1,452,297
$231,860
$2,348,185
4 $4,234,032 $1,526,922
$243,457
$2,463,653
5 $4,445,685 $1,605,234
$255,627
$2,584,824
6 $4,668,030 $1,687,501
$268,412
$2,712,117
7 $4,901,310 $1,773,815
$281,825
$2,845,670
8 $5,146,497 $1,864,534
$295,924
$2,986,039
9 $5,403,834 $1,959,749
$310,720
$3,133,365
10 $5,674,050 $2,059,729
$326,258
$3,288,063
11 $5,957,631 $2,164,654
$342,564
$3,450,413
12 $6,255,549 $2,274,884
$359,694
$3,620,971
13 $6,568,290 $2,390,598
$377,677
$3,800,015
14 $6,896,826 $2,512,156
$396,567
$3,988,103
15 $7,241,643 $2,639,738
$416,394
$4,185,511
16 $7,603,713 $2,773,704
$437,213
$4,392,796
17 $7,983,765 $2,914,323
$459,066
$4,610,376
18 $8,383,014 $3,062,046
$482,023
$4,838,945
19 $8,802,189 $3,217,140
$506,126
$5,078,923
20 $9,242,262 $3,379,967
$531,430
$5,330,865
21 $9,704,448 $3,550,976
$558,006
$5,595,466
22 $10,189,719 $3,730,526
$585,909
$5,873,284
23 $10,699,047 $3,918,978
$615,195
$6,164,874
24 $11,234,133 $4,116,960
$645,963
$6,471,210
25 $11,795,706 $4,324,742
$678,253
$6,792,711
26 $12,385,710 $4,543,043
$712,178
$7,130,489
27 $13,004,874 $4,772,134
$747,780
$7,484,960
28 $13,655,142 $5,012,733
$785,171
$7,857,238
29 $14,337,972 $5,265,380
$824,433
$8,248,159
30 $15,054,822 $5,530,615
$865,652
$8,658,555