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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho MEGA Millions Jackpot/Cash Option for Tue Jan 13, 2026 |
|---|
| Draw Date | Tue 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(5.8%) | $5,701,400 | | Net Lumpsum Payment | $56,267,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,235,965 |
$1,157,637
$187,686 |
$1,890,642 |
| 2 |
$3,397,860 |
$1,217,539
$197,076 |
$1,983,245 |
| 3 |
$3,567,710 |
$1,280,383
$206,927 |
$2,080,400 |
| 4 |
$3,746,160 |
$1,346,410
$217,277 |
$2,182,473 |
| 5 |
$3,933,425 |
$1,415,698
$228,139 |
$2,289,588 |
| 6 |
$4,130,150 |
$1,488,486
$239,549 |
$2,402,115 |
| 7 |
$4,336,550 |
$1,564,854
$251,520 |
$2,520,176 |
| 8 |
$4,553,485 |
$1,645,120
$264,102 |
$2,644,263 |
| 9 |
$4,781,170 |
$1,729,363
$277,308 |
$2,774,499 |
| 10 |
$5,020,250 |
$1,817,823
$291,175 |
$2,911,252 |
| 11 |
$5,271,155 |
$1,910,658
$305,727 |
$3,054,770 |
| 12 |
$5,534,745 |
$2,008,186
$321,015 |
$3,205,544 |
| 13 |
$5,811,450 |
$2,110,567
$337,064 |
$3,363,819 |
| 14 |
$6,102,130 |
$2,218,118
$353,924 |
$3,530,088 |
| 15 |
$6,407,215 |
$2,331,000
$371,618 |
$3,704,597 |
| 16 |
$6,727,565 |
$2,449,529
$390,199 |
$3,887,837 |
| 17 |
$7,063,825 |
$2,573,946
$409,702 |
$4,080,177 |
| 18 |
$7,417,070 |
$2,704,646
$430,190 |
$4,282,234 |
| 19 |
$7,787,945 |
$2,841,870
$451,701 |
$4,494,374 |
| 20 |
$8,177,310 |
$2,985,935
$474,284 |
$4,717,091 |
| 21 |
$8,586,240 |
$3,137,239
$498,002 |
$4,950,999 |
| 22 |
$9,015,595 |
$3,296,101
$522,905 |
$5,196,589 |
| 23 |
$9,466,235 |
$3,462,837
$549,042 |
$5,454,356 |
| 24 |
$9,939,665 |
$3,638,006
$576,501 |
$5,725,158 |
| 25 |
$10,436,530 |
$3,821,846
$605,319 |
$6,009,365 |
| 26 |
$10,958,550 |
$4,014,994
$635,596 |
$6,307,960 |
| 27 |
$11,506,370 |
$4,217,687
$667,369 |
$6,621,314 |
| 28 |
$12,081,710 |
$4,430,563
$700,739 |
$6,950,408 |
| 29 |
$12,685,860 |
$4,654,099
$735,780 |
$7,295,981 |
| 30 |
$13,320,110 |
$4,888,771
$772,566 |
$7,658,773 |
|
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