The jackpot for the MEGA Millions draw on Fri Nov 6, 2026, is projected to be $505 Million, with an option for a cash payout of $213.3 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho MEGA Millions Jackpot/Cash Option for Fri Nov 6, 2026 |
|---|
| Draw Date | Fri Nov 6, 2026 | | Projected Jackpot | $505,000,000 | | Cash Value | $213,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $213,300,000 | | Federal Tax(24%) | $51,192,000 | | Additional Federal Tax | $27,689,330 | | State Tax(5.8%) | $12,371,400 | | Net Lumpsum Payment | $122,047,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,600,755 |
$2,772,610
$440,844 |
$4,387,301 |
| 2 |
$7,981,020 |
$2,913,308
$462,899 |
$4,604,813 |
| 3 |
$8,379,970 |
$3,060,919
$486,038 |
$4,833,013 |
| 4 |
$8,799,120 |
$3,216,005
$510,349 |
$5,072,766 |
| 5 |
$9,238,975 |
$3,378,751
$535,861 |
$5,324,363 |
| 6 |
$9,701,050 |
$3,549,719
$562,661 |
$5,588,670 |
| 7 |
$10,185,850 |
$3,729,095
$590,779 |
$5,865,976 |
| 8 |
$10,695,395 |
$3,917,627
$620,333 |
$6,157,435 |
| 9 |
$11,230,190 |
$4,115,501
$651,351 |
$6,463,338 |
| 10 |
$11,791,750 |
$4,323,278
$683,922 |
$6,784,550 |
| 11 |
$12,381,085 |
$4,541,332
$718,103 |
$7,121,650 |
| 12 |
$13,000,215 |
$4,770,410
$754,012 |
$7,475,793 |
| 13 |
$13,650,150 |
$5,010,886
$791,709 |
$7,847,555 |
| 14 |
$14,332,910 |
$5,263,507
$831,309 |
$8,238,094 |
| 15 |
$15,049,505 |
$5,528,647
$872,871 |
$8,647,987 |
| 16 |
$15,801,955 |
$5,807,054
$916,513 |
$9,078,388 |
| 17 |
$16,591,775 |
$6,099,287
$962,323 |
$9,530,165 |
| 18 |
$17,421,490 |
$6,406,282
$1,010,446 |
$10,004,762 |
| 19 |
$18,292,615 |
$6,728,598
$1,060,972 |
$10,503,045 |
| 20 |
$19,207,170 |
$7,066,983
$1,114,016 |
$11,026,171 |
| 21 |
$20,167,680 |
$7,422,372
$1,169,725 |
$11,575,583 |
| 22 |
$21,176,165 |
$7,795,511
$1,228,218 |
$12,152,436 |
| 23 |
$22,234,645 |
$8,187,149
$1,289,609 |
$12,757,887 |
| 24 |
$23,346,655 |
$8,598,593
$1,354,106 |
$13,393,956 |
| 25 |
$24,513,710 |
$9,030,403
$1,421,795 |
$14,061,512 |
| 26 |
$25,739,850 |
$9,484,075
$1,492,911 |
$14,762,864 |
| 27 |
$27,026,590 |
$9,960,169
$1,567,542 |
$15,498,879 |
| 28 |
$28,377,970 |
$10,460,179
$1,645,922 |
$16,271,869 |
| 29 |
$29,797,020 |
$10,985,228
$1,728,227 |
$17,083,565 |
| 30 |
$31,286,770 |
$11,536,435
$1,814,633 |
$17,935,702 |
|
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