The jackpot for the MEGA Millions draw on Tue Mar 10, 2026, is projected to be $533 Million, with an option for a cash payout of $244.2 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 Mar 10, 2026 |
|---|
| Draw Date | Tue Mar 10, 2026 | | Projected Jackpot | $533,000,000 | | Cash Value | $244,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $244,200,000 | | Federal Tax(24%) | $58,608,000 | | Additional Federal Tax | $31,706,330 | | State Tax(5.8%) | $14,163,600 | | Net Lumpsum Payment | $139,722,070 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,022,183 |
$2,928,538
$465,287 |
$4,628,358 |
| 2 |
$8,423,532 |
$3,077,037
$488,565 |
$4,857,930 |
| 3 |
$8,844,602 |
$3,232,833
$512,987 |
$5,098,782 |
| 4 |
$9,286,992 |
$3,396,517
$538,646 |
$5,351,829 |
| 5 |
$9,751,235 |
$3,568,287
$565,572 |
$5,617,376 |
| 6 |
$10,238,930 |
$3,748,734
$593,858 |
$5,896,338 |
| 7 |
$10,750,610 |
$3,938,056
$623,535 |
$6,189,019 |
| 8 |
$11,288,407 |
$4,137,041
$654,728 |
$6,496,638 |
| 9 |
$11,852,854 |
$4,345,886
$687,466 |
$6,819,502 |
| 10 |
$12,445,550 |
$4,565,184
$721,842 |
$7,158,524 |
| 11 |
$13,067,561 |
$4,795,328
$757,919 |
$7,514,314 |
| 12 |
$13,721,019 |
$5,037,107
$795,819 |
$7,888,093 |
| 13 |
$14,406,990 |
$5,290,917
$835,605 |
$8,280,468 |
| 14 |
$15,127,606 |
$5,557,545
$877,401 |
$8,692,660 |
| 15 |
$15,883,933 |
$5,837,386
$921,268 |
$9,125,279 |
| 16 |
$16,678,103 |
$6,131,228
$967,330 |
$9,579,545 |
| 17 |
$17,511,715 |
$6,439,665
$1,015,679 |
$10,056,371 |
| 18 |
$18,387,434 |
$6,763,681
$1,066,471 |
$10,557,282 |
| 19 |
$19,306,859 |
$7,103,868
$1,119,798 |
$11,083,193 |
| 20 |
$20,272,122 |
$7,461,016
$1,175,783 |
$11,635,323 |
| 21 |
$21,285,888 |
$7,836,109
$1,234,582 |
$12,215,197 |
| 22 |
$22,350,289 |
$8,229,937
$1,296,317 |
$12,824,035 |
| 23 |
$23,467,457 |
$8,643,289
$1,361,113 |
$13,463,055 |
| 24 |
$24,641,123 |
$9,077,546
$1,429,185 |
$14,134,392 |
| 25 |
$25,872,886 |
$9,533,298
$1,500,627 |
$14,838,961 |
| 26 |
$27,167,010 |
$10,012,124
$1,575,687 |
$15,579,199 |
| 27 |
$28,525,094 |
$10,514,615
$1,654,455 |
$16,356,024 |
| 28 |
$29,951,402 |
$11,042,349
$1,737,181 |
$17,171,872 |
| 29 |
$31,449,132 |
$11,596,509
$1,824,050 |
$18,028,573 |
| 30 |
$33,021,482 |
$12,178,279
$1,915,246 |
$18,927,957 |
|
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