The jackpot for the MEGA Millions draw on Fri Sep 11, 2026, is projected to be $209 Million, with an option for a cash payout of $89.7 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 Minnesota residents, the state will deduct 7.25% from your lottery earnings.
| Minnesota MEGA Millions Jackpot/Cash Option for Fri Sep 11, 2026 |
|---|
| Draw Date | Fri Sep 11, 2026 | | Projected Jackpot | $209,000,000 | | Cash Value | $89,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $89,700,000 | | Federal Tax(24%) | $21,528,000 | | Additional Federal Tax | $11,621,330 | | State Tax(7.25%) | $6,503,250 | | Net Lumpsum Payment | $50,047,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,145,659 |
$1,124,224
$228,060 |
$1,793,375 |
| 2 |
$3,303,036 |
$1,182,454
$239,470 |
$1,881,112 |
| 3 |
$3,468,146 |
$1,243,544
$251,441 |
$1,973,161 |
| 4 |
$3,641,616 |
$1,307,728
$264,017 |
$2,069,871 |
| 5 |
$3,823,655 |
$1,375,083
$277,215 |
$2,171,357 |
| 6 |
$4,014,890 |
$1,445,840
$291,080 |
$2,277,970 |
| 7 |
$4,215,530 |
$1,520,076
$305,626 |
$2,389,828 |
| 8 |
$4,426,411 |
$1,598,102
$320,915 |
$2,507,394 |
| 9 |
$4,647,742 |
$1,679,995
$336,961 |
$2,630,786 |
| 10 |
$4,880,150 |
$1,765,986
$353,811 |
$2,760,353 |
| 11 |
$5,124,053 |
$1,856,230
$371,494 |
$2,896,329 |
| 12 |
$5,380,287 |
$1,951,037
$390,071 |
$3,039,179 |
| 13 |
$5,649,270 |
$2,050,560
$409,572 |
$3,189,138 |
| 14 |
$5,931,838 |
$2,155,110
$430,058 |
$3,346,670 |
| 15 |
$6,228,409 |
$2,264,842
$451,560 |
$3,512,007 |
| 16 |
$6,539,819 |
$2,380,063
$474,137 |
$3,685,619 |
| 17 |
$6,866,695 |
$2,501,008
$497,835 |
$3,867,852 |
| 18 |
$7,210,082 |
$2,628,061
$522,731 |
$4,059,290 |
| 19 |
$7,570,607 |
$2,761,455
$548,869 |
$4,260,283 |
| 20 |
$7,949,106 |
$2,901,500
$576,310 |
$4,471,296 |
| 21 |
$8,346,624 |
$3,048,581
$605,130 |
$4,692,913 |
| 22 |
$8,763,997 |
$3,203,009
$635,390 |
$4,925,598 |
| 23 |
$9,202,061 |
$3,365,093
$667,149 |
$5,169,819 |
| 24 |
$9,662,279 |
$3,535,374
$700,515 |
$5,426,390 |
| 25 |
$10,145,278 |
$3,714,083
$735,533 |
$5,695,662 |
| 26 |
$10,652,730 |
$3,901,840
$772,323 |
$5,978,567 |
| 27 |
$11,185,262 |
$4,098,877
$810,931 |
$6,275,454 |
| 28 |
$11,744,546 |
$4,305,812
$851,480 |
$6,587,254 |
| 29 |
$12,331,836 |
$4,523,110
$894,058 |
$6,914,668 |
| 30 |
$12,948,386 |
$4,751,233
$938,758 |
$7,258,395 |
|
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