The jackpot for the MEGA Millions draw on Fri Jan 9, 2026, is projected to be $199 Million, with an option for a cash payout of $90.5 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 North Carolina residents, the state will deduct 4.75% from your lottery earnings.
| North Carolina MEGA Millions Jackpot/Cash Option for Fri Jan 9, 2026 |
|---|
| Draw Date | Fri Jan 9, 2026 | | Projected Jackpot | $199,000,000 | | Cash Value | $90,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $90,500,000 | | Federal Tax(24%) | $21,720,000 | | Additional Federal Tax | $11,725,330 | | State Tax(4.75%) | $4,298,750 | | Net Lumpsum Payment | $52,755,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,995,149 |
$1,068,536
$142,270 |
$1,784,343 |
| 2 |
$3,144,996 |
$1,123,979
$149,387 |
$1,871,630 |
| 3 |
$3,302,206 |
$1,182,147
$156,855 |
$1,963,204 |
| 4 |
$3,467,376 |
$1,243,260
$164,700 |
$2,059,416 |
| 5 |
$3,640,705 |
$1,307,391
$172,933 |
$2,160,381 |
| 6 |
$3,822,790 |
$1,374,763
$181,583 |
$2,266,444 |
| 7 |
$4,013,830 |
$1,445,447
$190,657 |
$2,377,726 |
| 8 |
$4,214,621 |
$1,519,740
$200,194 |
$2,494,687 |
| 9 |
$4,425,362 |
$1,597,714
$210,205 |
$2,617,443 |
| 10 |
$4,646,650 |
$1,679,591
$220,716 |
$2,746,343 |
| 11 |
$4,878,883 |
$1,765,517
$231,747 |
$2,881,619 |
| 12 |
$5,122,857 |
$1,855,787
$243,336 |
$3,023,734 |
| 13 |
$5,378,970 |
$1,950,549
$255,501 |
$3,172,920 |
| 14 |
$5,648,018 |
$2,050,097
$268,281 |
$3,329,640 |
| 15 |
$5,930,399 |
$2,154,578
$281,694 |
$3,494,127 |
| 16 |
$6,226,909 |
$2,264,287
$295,778 |
$3,666,844 |
| 17 |
$6,538,145 |
$2,379,444
$310,562 |
$3,848,139 |
| 18 |
$6,865,102 |
$2,500,418
$326,092 |
$4,038,592 |
| 19 |
$7,208,377 |
$2,627,430
$342,398 |
$4,238,549 |
| 20 |
$7,568,766 |
$2,760,774
$359,516 |
$4,448,476 |
| 21 |
$7,947,264 |
$2,900,818
$377,495 |
$4,668,951 |
| 22 |
$8,344,667 |
$3,047,857
$396,372 |
$4,900,438 |
| 23 |
$8,761,771 |
$3,202,186
$416,184 |
$5,143,401 |
| 24 |
$9,199,969 |
$3,364,319
$436,999 |
$5,398,651 |
| 25 |
$9,659,858 |
$3,534,478
$458,843 |
$5,666,537 |
| 26 |
$10,143,030 |
$3,713,251
$481,794 |
$5,947,985 |
| 27 |
$10,650,082 |
$3,900,861
$505,879 |
$6,243,342 |
| 28 |
$11,182,606 |
$4,097,895
$531,174 |
$6,553,537 |
| 29 |
$11,741,796 |
$4,304,795
$557,735 |
$6,879,266 |
| 30 |
$12,328,846 |
$4,522,003
$585,620 |
$7,221,223 |
|
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