The jackpot for the MEGA Millions draw on Tue Jun 30, 2026, is projected to be $511 Million, with an option for a cash payout of $231 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 Jun 30, 2026 |
|---|
| Draw Date | Tue Jun 30, 2026 | | Projected Jackpot | $511,000,000 | | Cash Value | $231,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $231,000,000 | | Federal Tax(24%) | $55,440,000 | | Additional Federal Tax | $29,990,330 | | State Tax(10.75%) | $24,832,500 | | Net Lumpsum Payment | $120,737,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,691,061 |
$2,806,023
$826,789 |
$4,058,249 |
| 2 |
$8,075,844 |
$2,948,393
$868,153 |
$4,259,298 |
| 3 |
$8,479,534 |
$3,097,758
$911,550 |
$4,470,226 |
| 4 |
$8,903,664 |
$3,254,686
$957,144 |
$4,691,834 |
| 5 |
$9,348,745 |
$3,419,366
$1,004,990 |
$4,924,389 |
| 6 |
$9,816,310 |
$3,592,365
$1,055,253 |
$5,168,692 |
| 7 |
$10,306,870 |
$3,773,872
$1,107,989 |
$5,425,009 |
| 8 |
$10,822,469 |
$3,964,644
$1,163,415 |
$5,694,410 |
| 9 |
$11,363,618 |
$4,164,869
$1,221,589 |
$5,977,160 |
| 10 |
$11,931,850 |
$4,375,115
$1,282,674 |
$6,274,061 |
| 11 |
$12,528,187 |
$4,595,760
$1,346,780 |
$6,585,647 |
| 12 |
$13,154,673 |
$4,827,559
$1,414,127 |
$6,912,987 |
| 13 |
$13,812,330 |
$5,070,892
$1,484,825 |
$7,256,613 |
| 14 |
$14,503,202 |
$5,326,515
$1,559,094 |
$7,617,593 |
| 15 |
$15,228,311 |
$5,594,805
$1,637,043 |
$7,996,463 |
| 16 |
$15,989,701 |
$5,876,520
$1,718,893 |
$8,394,288 |
| 17 |
$16,788,905 |
$6,172,225
$1,804,807 |
$8,811,873 |
| 18 |
$17,628,478 |
$6,482,867
$1,895,061 |
$9,250,550 |
| 19 |
$18,509,953 |
$6,809,013
$1,989,820 |
$9,711,120 |
| 20 |
$19,435,374 |
$7,151,419
$2,089,303 |
$10,194,652 |
| 21 |
$20,407,296 |
$7,511,030
$2,193,784 |
$10,702,482 |
| 22 |
$21,427,763 |
$7,888,603
$2,303,485 |
$11,235,675 |
| 23 |
$22,498,819 |
$8,284,893
$2,418,623 |
$11,795,303 |
| 24 |
$23,624,041 |
$8,701,226
$2,539,584 |
$12,383,231 |
| 25 |
$24,804,962 |
$9,138,166
$2,666,533 |
$13,000,263 |
| 26 |
$26,045,670 |
$9,597,228
$2,799,910 |
$13,648,532 |
| 27 |
$27,347,698 |
$10,078,979
$2,939,878 |
$14,328,841 |
| 28 |
$28,715,134 |
$10,584,930
$3,086,877 |
$15,043,327 |
| 29 |
$30,151,044 |
$11,116,217
$3,241,237 |
$15,793,590 |
| 30 |
$31,658,494 |
$11,673,973
$3,403,288 |
$16,581,233 |
|
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