The jackpot for the MEGA Millions draw on Tue Sep 1, 2026, is projected to be $160 Million, with an option for a cash payout of $68.9 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 Sep 1, 2026 |
|---|
| Draw Date | Tue Sep 1, 2026 | | Projected Jackpot | $160,000,000 | | Cash Value | $68,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $68,900,000 | | Federal Tax(24%) | $16,536,000 | | Additional Federal Tax | $8,917,330 | | State Tax(10.75%) | $7,406,750 | | Net Lumpsum Payment | $36,039,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,408,160 |
$851,350
$258,877 |
$1,297,933 |
| 2 |
$2,528,640 |
$895,927
$271,829 |
$1,360,884 |
| 3 |
$2,655,040 |
$942,695
$285,417 |
$1,426,928 |
| 4 |
$2,787,840 |
$991,831
$299,693 |
$1,496,316 |
| 5 |
$2,927,200 |
$1,043,394
$314,674 |
$1,569,132 |
| 6 |
$3,073,600 |
$1,097,562
$330,412 |
$1,645,626 |
| 7 |
$3,227,200 |
$1,154,394
$346,924 |
$1,725,882 |
| 8 |
$3,388,640 |
$1,214,127
$364,279 |
$1,810,234 |
| 9 |
$3,558,080 |
$1,276,820
$382,494 |
$1,898,766 |
| 10 |
$3,736,000 |
$1,342,650
$401,620 |
$1,991,730 |
| 11 |
$3,922,720 |
$1,411,737
$421,692 |
$2,089,291 |
| 12 |
$4,118,880 |
$1,484,316
$442,780 |
$2,191,784 |
| 13 |
$4,324,800 |
$1,560,506
$464,916 |
$2,299,378 |
| 14 |
$4,541,120 |
$1,640,545
$488,170 |
$2,412,405 |
| 15 |
$4,768,160 |
$1,724,550
$512,577 |
$2,531,033 |
| 16 |
$5,006,560 |
$1,812,758
$538,205 |
$2,655,597 |
| 17 |
$5,256,800 |
$1,905,346
$565,106 |
$2,786,348 |
| 18 |
$5,519,680 |
$2,002,612
$593,366 |
$2,923,702 |
| 19 |
$5,795,680 |
$2,104,732
$623,036 |
$3,067,912 |
| 20 |
$6,085,440 |
$2,211,943
$654,185 |
$3,219,312 |
| 21 |
$6,389,760 |
$2,324,542
$686,899 |
$3,378,319 |
| 22 |
$6,709,280 |
$2,442,764
$721,248 |
$3,545,268 |
| 23 |
$7,044,640 |
$2,566,847
$757,299 |
$3,720,494 |
| 24 |
$7,396,960 |
$2,697,206
$795,173 |
$3,904,581 |
| 25 |
$7,766,720 |
$2,834,017
$834,922 |
$4,097,781 |
| 26 |
$8,155,200 |
$2,977,754
$876,684 |
$4,300,762 |
| 27 |
$8,562,880 |
$3,128,596
$920,510 |
$4,513,774 |
| 28 |
$8,991,040 |
$3,287,015
$966,537 |
$4,737,488 |
| 29 |
$9,440,640 |
$3,453,367
$1,014,869 |
$4,972,404 |
| 30 |
$9,912,640 |
$3,628,007
$1,065,609 |
$5,219,024 |
|
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