The jackpot for the MEGA Millions draw on Fri Jun 5, 2026, is projected to be $368 Million, with an option for a cash payout of $163.6 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 Fri Jun 5, 2026 |
|---|
| Draw Date | Fri Jun 5, 2026 | | Projected Jackpot | $368,000,000 | | Cash Value | $163,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $163,600,000 | | Federal Tax(24%) | $39,264,000 | | Additional Federal Tax | $21,228,330 | | State Tax(10.75%) | $17,587,000 | | Net Lumpsum Payment | $85,520,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,538,768 |
$2,009,675
$595,418 |
$2,933,675 |
| 2 |
$5,815,872 |
$2,112,203
$625,206 |
$3,078,463 |
| 3 |
$6,106,592 |
$2,219,769
$656,459 |
$3,230,364 |
| 4 |
$6,412,032 |
$2,332,782
$689,293 |
$3,389,957 |
| 5 |
$6,732,560 |
$2,451,378
$723,750 |
$3,557,432 |
| 6 |
$7,069,280 |
$2,575,964
$759,948 |
$3,733,368 |
| 7 |
$7,422,560 |
$2,706,678
$797,925 |
$3,917,957 |
| 8 |
$7,793,872 |
$2,844,063
$837,841 |
$4,111,968 |
| 9 |
$8,183,584 |
$2,988,256
$879,735 |
$4,315,593 |
| 10 |
$8,592,800 |
$3,139,666
$923,726 |
$4,529,408 |
| 11 |
$9,022,256 |
$3,298,565
$969,893 |
$4,753,798 |
| 12 |
$9,473,424 |
$3,465,497
$1,018,393 |
$4,989,534 |
| 13 |
$9,947,040 |
$3,640,735
$1,069,307 |
$5,236,998 |
| 14 |
$10,444,576 |
$3,824,824
$1,122,792 |
$5,496,960 |
| 15 |
$10,966,768 |
$4,018,035
$1,178,928 |
$5,769,805 |
| 16 |
$11,515,088 |
$4,220,913
$1,237,872 |
$6,056,303 |
| 17 |
$12,090,640 |
$4,433,867
$1,299,744 |
$6,357,029 |
| 18 |
$12,695,264 |
$4,657,578
$1,364,741 |
$6,672,945 |
| 19 |
$13,330,064 |
$4,892,454
$1,432,982 |
$7,004,628 |
| 20 |
$13,996,512 |
$5,139,040
$1,504,625 |
$7,352,847 |
| 21 |
$14,696,448 |
$5,398,016
$1,579,868 |
$7,718,564 |
| 22 |
$15,431,344 |
$5,669,928
$1,658,869 |
$8,102,547 |
| 23 |
$16,202,672 |
$5,955,319
$1,741,787 |
$8,505,566 |
| 24 |
$17,013,008 |
$6,255,143
$1,828,898 |
$8,928,967 |
| 25 |
$17,863,456 |
$6,569,809
$1,920,322 |
$9,373,325 |
| 26 |
$18,756,960 |
$6,900,406
$2,016,373 |
$9,840,181 |
| 27 |
$19,694,624 |
$7,247,341
$2,117,172 |
$10,330,111 |
| 28 |
$20,679,392 |
$7,611,705
$2,223,035 |
$10,844,652 |
| 29 |
$21,713,472 |
$7,994,315
$2,334,198 |
$11,384,959 |
| 30 |
$22,799,072 |
$8,395,987
$2,450,900 |
$11,952,185 |
|
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