The jackpot for the MEGA Millions draw on Tue Jan 20, 2026, is projected to be $250 Million, with an option for a cash payout of $113.5 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 Tue Jan 20, 2026 |
|---|
| Draw Date | Tue Jan 20, 2026 | | Projected Jackpot | $250,000,000 | | Cash Value | $113,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $113,500,000 | | Federal Tax(24%) | $27,240,000 | | Additional Federal Tax | $14,715,330 | | State Tax(10.75%) | $12,201,250 | | Net Lumpsum Payment | $59,343,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,762,750 |
$1,352,548
$404,496 |
$2,005,706 |
| 2 |
$3,951,000 |
$1,422,200
$424,733 |
$2,104,067 |
| 3 |
$4,148,500 |
$1,495,275
$445,964 |
$2,207,261 |
| 4 |
$4,356,000 |
$1,572,050
$468,270 |
$2,315,680 |
| 5 |
$4,573,750 |
$1,652,618
$491,678 |
$2,429,454 |
| 6 |
$4,802,500 |
$1,737,255
$516,269 |
$2,548,976 |
| 7 |
$5,042,500 |
$1,826,055
$542,069 |
$2,674,376 |
| 8 |
$5,294,750 |
$1,919,388
$569,186 |
$2,806,176 |
| 9 |
$5,559,500 |
$2,017,345
$597,646 |
$2,944,509 |
| 10 |
$5,837,500 |
$2,120,205
$627,531 |
$3,089,764 |
| 11 |
$6,129,250 |
$2,228,153
$658,894 |
$3,242,203 |
| 12 |
$6,435,750 |
$2,341,558
$691,843 |
$3,402,349 |
| 13 |
$6,757,500 |
$2,460,605
$726,431 |
$3,570,464 |
| 14 |
$7,095,500 |
$2,585,665
$762,766 |
$3,747,069 |
| 15 |
$7,450,250 |
$2,716,923
$800,902 |
$3,932,425 |
| 16 |
$7,822,750 |
$2,854,748
$840,946 |
$4,127,056 |
| 17 |
$8,213,750 |
$2,999,418
$882,978 |
$4,331,354 |
| 18 |
$8,624,500 |
$3,151,395
$927,134 |
$4,545,971 |
| 19 |
$9,055,750 |
$3,310,958
$973,493 |
$4,771,299 |
| 20 |
$9,508,500 |
$3,478,475
$1,022,164 |
$5,007,861 |
| 21 |
$9,984,000 |
$3,654,410
$1,073,280 |
$5,256,310 |
| 22 |
$10,483,250 |
$3,839,133
$1,126,949 |
$5,517,168 |
| 23 |
$11,007,250 |
$4,033,013
$1,183,279 |
$5,790,958 |
| 24 |
$11,557,750 |
$4,236,698
$1,242,458 |
$6,078,594 |
| 25 |
$12,135,500 |
$4,450,465
$1,304,566 |
$6,380,469 |
| 26 |
$12,742,500 |
$4,675,055
$1,369,819 |
$6,697,626 |
| 27 |
$13,379,500 |
$4,910,745
$1,438,296 |
$7,030,459 |
| 28 |
$14,048,500 |
$5,158,275
$1,510,214 |
$7,380,011 |
| 29 |
$14,751,000 |
$5,418,200
$1,585,733 |
$7,747,067 |
| 30 |
$15,488,500 |
$5,691,075
$1,665,014 |
$8,132,411 |
|
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