The jackpot for the MEGA Millions draw on Fri Sep 18, 2026, is projected to be $244 Million, with an option for a cash payout of $103.5 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 Massachusetts residents, the state will deduct 5% from your lottery earnings.
| Massachusetts MEGA Millions Jackpot/Cash Option for Fri Sep 18, 2026 |
|---|
| Draw Date | Fri Sep 18, 2026 | | Projected Jackpot | $244,000,000 | | Cash Value | $103,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $103,500,000 | | Federal Tax(24%) | $24,840,000 | | Additional Federal Tax | $13,415,330 | | State Tax(5%) | $5,175,000 | | Net Lumpsum Payment | $60,069,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,672,444 |
$1,319,135 $183,622 |
$2,169,687 |
| 2 |
$3,856,176 |
$1,387,116 $192,809 |
$2,276,251 |
| 3 |
$4,048,936 |
$1,458,437 $202,447 |
$2,388,052 |
| 4 |
$4,251,456 |
$1,533,369 $212,573 |
$2,505,514 |
| 5 |
$4,463,980 |
$1,612,003 $223,199 |
$2,628,778 |
| 6 |
$4,687,240 |
$1,694,609 $234,362 |
$2,758,269 |
| 7 |
$4,921,480 |
$1,781,278 $246,074 |
$2,894,128 |
| 8 |
$5,167,676 |
$1,872,371 $258,384 |
$3,036,921 |
| 9 |
$5,426,072 |
$1,967,977 $271,304 |
$3,186,791 |
| 10 |
$5,697,400 |
$2,068,368 $284,870 |
$3,344,162 |
| 11 |
$5,982,148 |
$2,173,725 $299,107 |
$3,509,316 |
| 12 |
$6,281,292 |
$2,284,408 $314,065 |
$3,682,819 |
| 13 |
$6,595,320 |
$2,400,599 $329,766 |
$3,864,955 |
| 14 |
$6,925,208 |
$2,522,657 $346,260 |
$4,056,291 |
| 15 |
$7,271,444 |
$2,650,765 $363,572 |
$4,257,107 |
| 16 |
$7,635,004 |
$2,785,282 $381,750 |
$4,467,972 |
| 17 |
$8,016,620 |
$2,926,480 $400,831 |
$4,689,309 |
| 18 |
$8,417,512 |
$3,074,810 $420,876 |
$4,921,826 |
| 19 |
$8,838,412 |
$3,230,543 $441,921 |
$5,165,948 |
| 20 |
$9,280,296 |
$3,394,040 $464,015 |
$5,422,241 |
| 21 |
$9,744,384 |
$3,565,752 $487,219 |
$5,691,413 |
| 22 |
$10,231,652 |
$3,746,042 $511,583 |
$5,974,027 |
| 23 |
$10,743,076 |
$3,935,269 $537,154 |
$6,270,653 |
| 24 |
$11,280,364 |
$4,134,065 $564,018 |
$6,582,281 |
| 25 |
$11,844,248 |
$4,342,702 $592,212 |
$6,909,334 |
| 26 |
$12,436,680 |
$4,561,902 $621,834 |
$7,252,944 |
| 27 |
$13,058,392 |
$4,791,935 $652,920 |
$7,613,537 |
| 28 |
$13,711,336 |
$5,033,525 $685,567 |
$7,992,244 |
| 29 |
$14,396,976 |
$5,287,212 $719,849 |
$8,389,915 |
| 30 |
$15,116,776 |
$5,553,538 $755,839 |
$8,807,399 |
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