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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho 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(5.8%) | $13,398,000 | | Net Lumpsum Payment | $132,171,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,691,061 |
$2,806,023
$446,082 |
$4,438,956 |
| 2 |
$8,075,844 |
$2,948,393
$468,399 |
$4,659,052 |
| 3 |
$8,479,534 |
$3,097,758
$491,813 |
$4,889,963 |
| 4 |
$8,903,664 |
$3,254,686
$516,413 |
$5,132,565 |
| 5 |
$9,348,745 |
$3,419,366
$542,227 |
$5,387,152 |
| 6 |
$9,816,310 |
$3,592,365
$569,346 |
$5,654,599 |
| 7 |
$10,306,870 |
$3,773,872
$597,798 |
$5,935,200 |
| 8 |
$10,822,469 |
$3,964,644
$627,703 |
$6,230,122 |
| 9 |
$11,363,618 |
$4,164,869
$659,090 |
$6,539,659 |
| 10 |
$11,931,850 |
$4,375,115
$692,047 |
$6,864,688 |
| 11 |
$12,528,187 |
$4,595,760
$726,635 |
$7,205,792 |
| 12 |
$13,154,673 |
$4,827,559
$762,971 |
$7,564,143 |
| 13 |
$13,812,330 |
$5,070,892
$801,115 |
$7,940,323 |
| 14 |
$14,503,202 |
$5,326,515
$841,186 |
$8,335,501 |
| 15 |
$15,228,311 |
$5,594,805
$883,242 |
$8,750,264 |
| 16 |
$15,989,701 |
$5,876,520
$927,403 |
$9,185,778 |
| 17 |
$16,788,905 |
$6,172,225
$973,756 |
$9,642,924 |
| 18 |
$17,628,478 |
$6,482,867
$1,022,452 |
$10,123,159 |
| 19 |
$18,509,953 |
$6,809,013
$1,073,577 |
$10,627,363 |
| 20 |
$19,435,374 |
$7,151,419
$1,127,252 |
$11,156,703 |
| 21 |
$20,407,296 |
$7,511,030
$1,183,623 |
$11,712,643 |
| 22 |
$21,427,763 |
$7,888,603
$1,242,810 |
$12,296,350 |
| 23 |
$22,498,819 |
$8,284,893
$1,304,932 |
$12,908,994 |
| 24 |
$23,624,041 |
$8,701,226
$1,370,194 |
$13,552,621 |
| 25 |
$24,804,962 |
$9,138,166
$1,438,688 |
$14,228,108 |
| 26 |
$26,045,670 |
$9,597,228
$1,510,649 |
$14,937,793 |
| 27 |
$27,347,698 |
$10,078,979
$1,586,166 |
$15,682,553 |
| 28 |
$28,715,134 |
$10,584,930
$1,665,478 |
$16,464,726 |
| 29 |
$30,151,044 |
$11,116,217
$1,748,761 |
$17,286,066 |
| 30 |
$31,658,494 |
$11,673,973
$1,836,193 |
$18,148,328 |
|
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