The jackpot for the MEGA Millions draw on Tue Jan 6, 2026, is projected to be $180 Million, with an option for a cash payout of $81.9 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania MEGA Millions Jackpot/Cash Option for Tue Jan 6, 2026 |
|---|
| Draw Date | Tue Jan 6, 2026 | | Projected Jackpot | $180,000,000 | | Cash Value | $81,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $81,900,000 | | Federal Tax(24%) | $19,656,000 | | Additional Federal Tax | $10,607,330 | | State Tax(3.07%) | $2,514,330 | | Net Lumpsum Payment | $49,122,340 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,709,180 |
$962,727
$83,172 |
$1,663,281 |
| 2 |
$2,844,720 |
$1,012,877
$87,333 |
$1,744,510 |
| 3 |
$2,986,920 |
$1,065,491
$91,698 |
$1,829,731 |
| 4 |
$3,136,320 |
$1,120,769
$96,285 |
$1,919,266 |
| 5 |
$3,293,100 |
$1,178,777
$101,098 |
$2,013,225 |
| 6 |
$3,457,800 |
$1,239,716
$106,154 |
$2,111,930 |
| 7 |
$3,630,600 |
$1,303,652
$111,459 |
$2,215,489 |
| 8 |
$3,812,220 |
$1,370,852
$117,035 |
$2,324,333 |
| 9 |
$4,002,840 |
$1,441,381
$122,887 |
$2,438,572 |
| 10 |
$4,203,000 |
$1,515,440
$129,032 |
$2,558,528 |
| 11 |
$4,413,060 |
$1,593,163
$135,481 |
$2,684,416 |
| 12 |
$4,633,740 |
$1,674,814
$142,256 |
$2,816,670 |
| 13 |
$4,865,400 |
$1,760,528
$149,368 |
$2,955,504 |
| 14 |
$5,108,760 |
$1,850,572
$156,839 |
$3,101,349 |
| 15 |
$5,364,180 |
$1,945,077
$164,680 |
$3,254,423 |
| 16 |
$5,632,380 |
$2,044,311
$172,914 |
$3,415,155 |
| 17 |
$5,913,900 |
$2,148,473
$181,557 |
$3,583,870 |
| 18 |
$6,209,640 |
$2,257,897
$190,636 |
$3,761,107 |
| 19 |
$6,520,140 |
$2,372,782
$200,168 |
$3,947,190 |
| 20 |
$6,846,120 |
$2,493,395
$210,176 |
$4,142,549 |
| 21 |
$7,188,480 |
$2,620,068
$220,686 |
$4,347,726 |
| 22 |
$7,547,940 |
$2,753,068
$231,722 |
$4,563,150 |
| 23 |
$7,925,220 |
$2,892,662
$243,304 |
$4,789,254 |
| 24 |
$8,321,580 |
$3,039,315
$255,473 |
$5,026,792 |
| 25 |
$8,737,560 |
$3,193,228
$268,243 |
$5,276,089 |
| 26 |
$9,174,600 |
$3,354,932
$281,660 |
$5,538,008 |
| 27 |
$9,633,240 |
$3,524,629
$295,740 |
$5,812,871 |
| 28 |
$10,114,920 |
$3,702,851
$310,528 |
$6,101,541 |
| 29 |
$10,620,720 |
$3,889,997
$326,056 |
$6,404,667 |
| 30 |
$11,151,720 |
$4,086,467
$342,358 |
$6,722,895 |
|
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