The jackpot for the MEGA Millions draw on Fri Jan 2, 2026, is projected to be $157 Million, with an option for a cash payout of $72 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 Jan 2, 2026 |
|---|
| Draw Date | Fri Jan 2, 2026 | | Projected Jackpot | $157,000,000 | | Cash Value | $72,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $72,000,000 | | Federal Tax(24%) | $17,280,000 | | Additional Federal Tax | $9,320,330 | | State Tax(10.75%) | $7,740,000 | | Net Lumpsum Payment | $37,659,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,363,007 |
$834,643
$254,023 |
$1,274,341 |
| 2 |
$2,481,228 |
$878,385
$266,732 |
$1,336,111 |
| 3 |
$2,605,258 |
$924,276
$280,065 |
$1,400,917 |
| 4 |
$2,735,568 |
$972,491
$294,074 |
$1,469,003 |
| 5 |
$2,872,315 |
$1,023,087
$308,774 |
$1,540,454 |
| 6 |
$3,015,970 |
$1,076,239
$324,217 |
$1,615,514 |
| 7 |
$3,166,690 |
$1,132,006
$340,419 |
$1,694,265 |
| 8 |
$3,325,103 |
$1,190,618
$357,449 |
$1,777,036 |
| 9 |
$3,491,366 |
$1,252,136
$375,322 |
$1,863,908 |
| 10 |
$3,665,950 |
$1,316,732
$394,090 |
$1,955,128 |
| 11 |
$3,849,169 |
$1,384,523
$413,786 |
$2,050,860 |
| 12 |
$4,041,651 |
$1,455,741
$434,477 |
$2,151,433 |
| 13 |
$4,243,710 |
$1,530,503
$456,199 |
$2,257,008 |
| 14 |
$4,455,974 |
$1,609,041
$479,017 |
$2,367,916 |
| 15 |
$4,678,757 |
$1,691,470
$502,966 |
$2,484,321 |
| 16 |
$4,912,687 |
$1,778,025
$528,114 |
$2,606,548 |
| 17 |
$5,158,235 |
$1,868,877
$554,510 |
$2,734,848 |
| 18 |
$5,416,186 |
$1,964,319
$582,240 |
$2,869,627 |
| 19 |
$5,687,011 |
$2,064,524
$611,354 |
$3,011,133 |
| 20 |
$5,971,338 |
$2,169,725
$641,919 |
$3,159,694 |
| 21 |
$6,269,952 |
$2,280,213
$674,020 |
$3,315,719 |
| 22 |
$6,583,481 |
$2,396,218
$707,724 |
$3,479,539 |
| 23 |
$6,912,553 |
$2,517,975
$743,099 |
$3,651,479 |
| 24 |
$7,258,267 |
$2,645,889
$780,264 |
$3,832,114 |
| 25 |
$7,621,094 |
$2,780,135
$819,268 |
$4,021,691 |
| 26 |
$8,002,290 |
$2,921,178
$860,246 |
$4,220,866 |
| 27 |
$8,402,326 |
$3,069,191
$903,250 |
$4,429,885 |
| 28 |
$8,822,458 |
$3,224,640
$948,414 |
$4,649,404 |
| 29 |
$9,263,628 |
$3,387,873
$995,840 |
$4,879,915 |
| 30 |
$9,726,778 |
$3,559,238
$1,045,629 |
$5,121,911 |
|
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