The jackpot for the MEGA Millions draw on Tue Mar 3, 2026, is projected to be $473 Million, with an option for a cash payout of $221.8 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 Mar 3, 2026 |
|---|
| Draw Date | Tue Mar 3, 2026 | | Projected Jackpot | $473,000,000 | | Cash Value | $221,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $221,800,000 | | Federal Tax(24%) | $53,232,000 | | Additional Federal Tax | $28,794,330 | | State Tax(10.75%) | $23,843,500 | | Net Lumpsum Payment | $115,930,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,119,123 |
$2,594,406
$765,306 |
$3,759,411 |
| 2 |
$7,475,292 |
$2,726,188
$803,594 |
$3,945,510 |
| 3 |
$7,848,962 |
$2,864,446
$843,763 |
$4,140,753 |
| 4 |
$8,241,552 |
$3,009,705
$885,967 |
$4,345,880 |
| 5 |
$8,653,535 |
$3,162,138
$930,255 |
$4,561,142 |
| 6 |
$9,086,330 |
$3,322,272
$976,780 |
$4,787,278 |
| 7 |
$9,540,410 |
$3,490,282
$1,025,594 |
$5,024,534 |
| 8 |
$10,017,667 |
$3,666,867
$1,076,899 |
$5,273,901 |
| 9 |
$10,518,574 |
$3,852,203
$1,130,747 |
$5,535,624 |
| 10 |
$11,044,550 |
$4,046,814
$1,187,289 |
$5,810,447 |
| 11 |
$11,596,541 |
$4,251,051
$1,246,628 |
$6,098,862 |
| 12 |
$12,176,439 |
$4,465,613
$1,308,967 |
$6,401,859 |
| 13 |
$12,785,190 |
$4,690,851
$1,374,408 |
$6,719,931 |
| 14 |
$13,424,686 |
$4,927,464
$1,443,154 |
$7,054,068 |
| 15 |
$14,095,873 |
$5,175,803
$1,515,306 |
$7,404,764 |
| 16 |
$14,800,643 |
$5,436,568
$1,591,069 |
$7,773,006 |
| 17 |
$15,540,415 |
$5,710,284
$1,670,595 |
$8,159,536 |
| 18 |
$16,317,554 |
$5,997,825
$1,754,137 |
$8,565,592 |
| 19 |
$17,133,479 |
$6,299,718
$1,841,849 |
$8,991,912 |
| 20 |
$17,990,082 |
$6,616,661
$1,933,934 |
$9,439,487 |
| 21 |
$18,889,728 |
$6,949,530
$2,030,646 |
$9,909,552 |
| 22 |
$19,834,309 |
$7,299,025
$2,132,188 |
$10,403,096 |
| 23 |
$20,825,717 |
$7,665,846
$2,238,765 |
$10,921,106 |
| 24 |
$21,867,263 |
$8,051,218
$2,350,731 |
$11,465,314 |
| 25 |
$22,960,366 |
$8,455,666
$2,468,239 |
$12,036,461 |
| 26 |
$24,108,810 |
$8,880,590
$2,591,697 |
$12,636,523 |
| 27 |
$25,314,014 |
$9,326,516
$2,721,257 |
$13,266,241 |
| 28 |
$26,579,762 |
$9,794,842
$2,857,324 |
$13,927,596 |
| 29 |
$27,908,892 |
$10,286,620
$3,000,206 |
$14,622,066 |
| 30 |
$29,304,242 |
$10,802,900
$3,150,206 |
$15,351,136 |
|
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