The jackpot for the MEGA Millions draw on Tue Jun 23, 2026, is projected to be $467 Million, with an option for a cash payout of $211 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC MEGA Millions Jackpot/Cash Option for Tue Jun 23, 2026 |
|---|
| Draw Date | Tue Jun 23, 2026 | | Projected Jackpot | $467,000,000 | | Cash Value | $211,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $211,000,000 | | Federal Tax(24%) | $50,640,000 | | Additional Federal Tax | $27,390,330 | | State Tax(10.75%) | $22,682,500 | | Net Lumpsum Payment | $110,287,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,028,817 |
$2,560,993
$755,598 |
$3,712,226 |
| 2 |
$7,380,468 |
$2,691,104
$793,400 |
$3,895,964 |
| 3 |
$7,749,398 |
$2,827,608
$833,060 |
$4,088,730 |
| 4 |
$8,137,008 |
$2,971,023
$874,728 |
$4,291,257 |
| 5 |
$8,543,765 |
$3,121,523
$918,455 |
$4,503,787 |
| 6 |
$8,971,070 |
$3,279,626
$964,390 |
$4,727,054 |
| 7 |
$9,419,390 |
$3,445,505
$1,012,584 |
$4,961,301 |
| 8 |
$9,890,593 |
$3,619,850
$1,063,239 |
$5,207,504 |
| 9 |
$10,385,146 |
$3,802,834
$1,116,403 |
$5,465,909 |
| 10 |
$10,904,450 |
$3,994,977
$1,172,228 |
$5,737,245 |
| 11 |
$11,449,439 |
$4,196,623
$1,230,815 |
$6,022,001 |
| 12 |
$12,021,981 |
$4,408,463
$1,292,363 |
$6,321,155 |
| 13 |
$12,623,010 |
$4,630,844
$1,356,974 |
$6,635,192 |
| 14 |
$13,254,394 |
$4,864,456
$1,424,847 |
$6,965,091 |
| 15 |
$13,917,067 |
$5,109,645
$1,496,085 |
$7,311,337 |
| 16 |
$14,612,897 |
$5,367,102
$1,570,886 |
$7,674,909 |
| 17 |
$15,343,285 |
$5,637,346
$1,649,403 |
$8,056,536 |
| 18 |
$16,110,566 |
$5,921,240
$1,731,886 |
$8,457,440 |
| 19 |
$16,916,141 |
$6,219,303
$1,818,485 |
$8,878,353 |
| 20 |
$17,761,878 |
$6,532,225
$1,909,402 |
$9,320,251 |
| 21 |
$18,650,112 |
$6,860,872
$2,004,887 |
$9,784,353 |
| 22 |
$19,582,711 |
$7,205,933
$2,105,141 |
$10,271,637 |
| 23 |
$20,561,543 |
$7,568,101
$2,210,366 |
$10,783,076 |
| 24 |
$21,589,877 |
$7,948,585
$2,320,912 |
$11,320,380 |
| 25 |
$22,669,114 |
$8,347,903
$2,436,930 |
$11,884,281 |
| 26 |
$23,802,990 |
$8,767,437
$2,558,821 |
$12,476,732 |
| 27 |
$24,992,906 |
$9,207,706
$2,686,737 |
$13,098,463 |
| 28 |
$26,242,598 |
$9,670,092
$2,821,079 |
$13,751,427 |
| 29 |
$27,554,868 |
$10,155,632
$2,962,148 |
$14,437,088 |
| 30 |
$28,932,518 |
$10,665,362
$3,110,246 |
$15,156,910 |
|
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