Jackpot Analysis Georgia Mega Millions

Jackpot Analysis for Georgia Mega Millions
The jackpot for the MEGA Millions draw on Tue Jan 13, 2026, is projected to be $215 Million, with an option for a cash payout of $98.3 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 Georgia residents, the state will deduct 5.75% from your lottery earnings.

Georgia MEGA Millions Jackpot/Cash Option for Tue Jan 13, 2026
Draw DateTue Jan 13, 2026
Projected Jackpot$215,000,000
Cash Value$98,300,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$98,300,000
Federal Tax(24%)$23,592,000
Additional Federal Tax$12,739,330
State Tax(5.75%)$5,652,250
Net Lumpsum Payment$56,316,420
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,235,965 $1,157,637
$186,068
$1,892,260
2 $3,397,860 $1,217,539
$195,377
$1,984,944
3 $3,567,710 $1,280,383
$205,143
$2,082,184
4 $3,746,160 $1,346,410
$215,404
$2,184,346
5 $3,933,425 $1,415,698
$226,172
$2,291,555
6 $4,130,150 $1,488,486
$237,484
$2,404,180
7 $4,336,550 $1,564,854
$249,352
$2,522,344
8 $4,553,485 $1,645,120
$261,825
$2,646,540
9 $4,781,170 $1,729,363
$274,917
$2,776,890
10 $5,020,250 $1,817,823
$288,664
$2,913,763
11 $5,271,155 $1,910,658
$303,091
$3,057,406
12 $5,534,745 $2,008,186
$318,248
$3,208,311
13 $5,811,450 $2,110,567
$334,158
$3,366,725
14 $6,102,130 $2,218,118
$350,872
$3,533,140
15 $6,407,215 $2,331,000
$368,415
$3,707,800
16 $6,727,565 $2,449,529
$386,835
$3,891,201
17 $7,063,825 $2,573,946
$406,170
$4,083,709
18 $7,417,070 $2,704,646
$426,482
$4,285,942
19 $7,787,945 $2,841,870
$447,807
$4,498,268
20 $8,177,310 $2,985,935
$470,195
$4,721,180
21 $8,586,240 $3,137,239
$493,709
$4,955,292
22 $9,015,595 $3,296,101
$518,397
$5,201,097
23 $9,466,235 $3,462,837
$544,309
$5,459,089
24 $9,939,665 $3,638,006
$571,531
$5,730,128
25 $10,436,530 $3,821,846
$600,100
$6,014,584
26 $10,958,550 $4,014,994
$630,117
$6,313,439
27 $11,506,370 $4,217,687
$661,616
$6,627,067
28 $12,081,710 $4,430,563
$694,698
$6,956,449
29 $12,685,860 $4,654,099
$729,437
$7,302,324
30 $13,320,110 $4,888,771
$765,906
$7,665,433