The jackpot for the MEGA Millions draw on Fri Jul 17, 2026, is projected to be $672 Million, with an option for a cash payout of $293.3 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC MEGA Millions Jackpot/Cash Option for Fri Jul 17, 2026 |
|---|
| Draw Date | Fri Jul 17, 2026 | | Projected Jackpot | $672,000,000 | | Cash Value | $293,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $293,300,000 | | Federal Tax(24%) | $70,392,000 | | Additional Federal Tax | $38,089,330 | | State Tax(10.75%) | $31,529,750 | | Net Lumpsum Payment | $153,288,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$10,114,272 |
$3,702,611
$1,087,284 |
$5,324,377 |
| 2 |
$10,620,288 |
$3,889,837
$1,141,681 |
$5,588,770 |
| 3 |
$11,151,168 |
$4,086,263
$1,198,751 |
$5,866,154 |
| 4 |
$11,708,928 |
$4,292,634
$1,258,710 |
$6,157,584 |
| 5 |
$12,294,240 |
$4,509,199
$1,321,631 |
$6,463,410 |
| 6 |
$12,909,120 |
$4,736,705
$1,387,730 |
$6,784,685 |
| 7 |
$13,554,240 |
$4,975,399
$1,457,081 |
$7,121,760 |
| 8 |
$14,232,288 |
$5,226,277
$1,529,971 |
$7,476,040 |
| 9 |
$14,943,936 |
$5,489,587
$1,606,473 |
$7,847,876 |
| 10 |
$15,691,200 |
$5,766,074
$1,686,804 |
$8,238,322 |
| 11 |
$16,475,424 |
$6,056,237
$1,771,108 |
$8,648,079 |
| 12 |
$17,299,296 |
$6,361,070
$1,859,674 |
$9,078,552 |
| 13 |
$18,164,160 |
$6,681,070
$1,952,647 |
$9,530,443 |
| 14 |
$19,072,704 |
$7,017,231
$2,050,316 |
$10,005,157 |
| 15 |
$20,026,272 |
$7,370,051
$2,152,824 |
$10,503,397 |
| 16 |
$21,027,552 |
$7,740,525
$2,260,462 |
$11,026,565 |
| 17 |
$22,078,560 |
$8,129,398
$2,373,445 |
$11,575,717 |
| 18 |
$23,182,656 |
$8,537,913
$2,492,136 |
$12,152,607 |
| 19 |
$24,341,856 |
$8,966,817
$2,616,750 |
$12,758,289 |
| 20 |
$25,558,848 |
$9,417,104
$2,747,576 |
$13,394,168 |
| 21 |
$26,836,992 |
$9,890,017
$2,884,977 |
$14,061,998 |
| 22 |
$28,178,976 |
$10,386,552
$3,029,240 |
$14,763,184 |
| 23 |
$29,587,488 |
$10,907,701
$3,180,655 |
$15,499,132 |
| 24 |
$31,067,232 |
$11,455,206
$3,339,727 |
$16,272,299 |
| 25 |
$32,620,224 |
$12,029,813
$3,506,674 |
$17,083,737 |
| 26 |
$34,251,840 |
$12,633,511
$3,682,073 |
$17,936,256 |
| 27 |
$35,964,096 |
$13,267,046
$3,866,140 |
$18,830,910 |
| 28 |
$37,762,368 |
$13,932,407
$4,059,455 |
$19,770,506 |
| 29 |
$39,650,688 |
$14,631,085
$4,262,449 |
$20,757,154 |
| 30 |
$41,633,088 |
$15,364,573
$4,475,557 |
$21,792,958 |
|
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