The jackpot for the MEGA Millions draw on Fri Apr 24, 2026, is projected to be $150 Million, with an option for a cash payout of $67.3 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 Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland MEGA Millions Jackpot/Cash Option for Fri Apr 24, 2026 |
|---|
| Draw Date | Fri Apr 24, 2026 | | Projected Jackpot | $150,000,000 | | Cash Value | $67,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $67,300,000 | | Federal Tax(24%) | $16,152,000 | | Additional Federal Tax | $8,709,330 | | State Tax(8.95%) | $6,023,350 | | Net Lumpsum Payment | $36,415,320 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,257,650 |
$795,661
$202,060 |
$1,259,929 |
| 2 |
$2,370,600 |
$837,452
$212,169 |
$1,320,979 |
| 3 |
$2,489,100 |
$881,297
$222,774 |
$1,385,029 |
| 4 |
$2,613,600 |
$927,362
$233,917 |
$1,452,321 |
| 5 |
$2,744,250 |
$975,703
$245,610 |
$1,522,937 |
| 6 |
$2,881,500 |
$1,026,485
$257,894 |
$1,597,121 |
| 7 |
$3,025,500 |
$1,079,765
$270,782 |
$1,674,953 |
| 8 |
$3,176,850 |
$1,135,765
$284,328 |
$1,756,757 |
| 9 |
$3,335,700 |
$1,194,539
$298,545 |
$1,842,616 |
| 10 |
$3,502,500 |
$1,256,255
$313,474 |
$1,932,771 |
| 11 |
$3,677,550 |
$1,321,024
$329,141 |
$2,027,385 |
| 12 |
$3,861,450 |
$1,389,067
$345,600 |
$2,126,783 |
| 13 |
$4,054,500 |
$1,460,495
$362,878 |
$2,231,127 |
| 14 |
$4,257,300 |
$1,535,531
$381,028 |
$2,340,741 |
| 15 |
$4,470,150 |
$1,614,286
$400,078 |
$2,455,786 |
| 16 |
$4,693,650 |
$1,696,981
$420,082 |
$2,576,587 |
| 17 |
$4,928,250 |
$1,783,783
$441,078 |
$2,703,389 |
| 18 |
$5,174,700 |
$1,874,969
$463,136 |
$2,836,595 |
| 19 |
$5,433,450 |
$1,970,707
$486,294 |
$2,976,449 |
| 20 |
$5,705,100 |
$2,071,217
$510,606 |
$3,123,277 |
| 21 |
$5,990,400 |
$2,176,778
$536,141 |
$3,277,481 |
| 22 |
$6,289,950 |
$2,287,612
$562,951 |
$3,439,387 |
| 23 |
$6,604,350 |
$2,403,940
$591,089 |
$3,609,321 |
| 24 |
$6,934,650 |
$2,526,151
$620,651 |
$3,787,848 |
| 25 |
$7,281,300 |
$2,654,411
$651,676 |
$3,975,213 |
| 26 |
$7,645,500 |
$2,789,165
$684,272 |
$4,172,063 |
| 27 |
$8,027,700 |
$2,930,579
$718,479 |
$4,378,642 |
| 28 |
$8,429,100 |
$3,079,097
$754,404 |
$4,595,599 |
| 29 |
$8,850,600 |
$3,235,052
$792,129 |
$4,823,419 |
| 30 |
$9,293,100 |
$3,398,777
$831,732 |
$5,062,591 |
|
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