The jackpot for the MEGA Millions draw on Tue Apr 28, 2026, is projected to be $163 Million, with an option for a cash payout of $72.9 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 Illinois residents, the state will deduct 4.95% from your lottery earnings.
| Illinois MEGA Millions Jackpot/Cash Option for Tue Apr 28, 2026 |
|---|
| Draw Date | Tue Apr 28, 2026 | | Projected Jackpot | $163,000,000 | | Cash Value | $72,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $72,900,000 | | Federal Tax(24%) | $17,496,000 | | Additional Federal Tax | $9,437,330 | | State Tax(4.95%) | $3,608,550 | | Net Lumpsum Payment | $42,358,120 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,453,313 |
$868,056
$121,439 |
$1,463,818 |
| 2 |
$2,576,052 |
$913,470
$127,515 |
$1,535,067 |
| 3 |
$2,704,822 |
$961,115
$133,889 |
$1,609,818 |
| 4 |
$2,840,112 |
$1,011,172
$140,586 |
$1,688,354 |
| 5 |
$2,982,085 |
$1,063,702
$147,613 |
$1,770,770 |
| 6 |
$3,131,230 |
$1,118,885
$154,996 |
$1,857,349 |
| 7 |
$3,287,710 |
$1,176,783
$162,742 |
$1,948,185 |
| 8 |
$3,452,177 |
$1,237,636
$170,883 |
$2,043,658 |
| 9 |
$3,624,794 |
$1,301,504
$179,427 |
$2,143,863 |
| 10 |
$3,806,050 |
$1,368,569
$188,399 |
$2,249,082 |
| 11 |
$3,996,271 |
$1,438,951
$197,815 |
$2,359,505 |
| 12 |
$4,196,109 |
$1,512,891
$207,707 |
$2,475,511 |
| 13 |
$4,405,890 |
$1,590,510
$218,092 |
$2,597,288 |
| 14 |
$4,626,266 |
$1,672,049
$229,000 |
$2,725,217 |
| 15 |
$4,857,563 |
$1,757,629
$240,449 |
$2,859,485 |
| 16 |
$5,100,433 |
$1,847,491
$252,471 |
$3,000,471 |
| 17 |
$5,355,365 |
$1,941,815
$265,091 |
$3,148,459 |
| 18 |
$5,623,174 |
$2,040,905
$278,347 |
$3,303,922 |
| 19 |
$5,904,349 |
$2,144,940
$292,265 |
$3,467,144 |
| 20 |
$6,199,542 |
$2,254,161
$306,877 |
$3,638,504 |
| 21 |
$6,509,568 |
$2,368,871
$322,224 |
$3,818,473 |
| 22 |
$6,835,079 |
$2,489,310
$338,336 |
$4,007,433 |
| 23 |
$7,176,727 |
$2,615,719
$355,248 |
$4,205,760 |
| 24 |
$7,535,653 |
$2,748,522
$373,015 |
$4,414,116 |
| 25 |
$7,912,346 |
$2,887,898
$391,661 |
$4,632,787 |
| 26 |
$8,308,110 |
$3,034,331
$411,251 |
$4,862,528 |
| 27 |
$8,723,434 |
$3,188,001
$431,810 |
$5,103,623 |
| 28 |
$9,159,622 |
$3,349,391
$453,401 |
$5,356,830 |
| 29 |
$9,617,652 |
$3,518,862
$476,074 |
$5,622,716 |
| 30 |
$10,098,502 |
$3,696,776
$499,876 |
$5,901,850 |
|
|
