The jackpot for the MEGA Millions draw on Tue Sep 22, 2026, is projected to be $261 Million, with an option for a cash payout of $110.5 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho MEGA Millions Jackpot/Cash Option for Tue Sep 22, 2026 |
|---|
| Draw Date | Tue Sep 22, 2026 | | Projected Jackpot | $261,000,000 | | Cash Value | $110,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $110,500,000 | | Federal Tax(24%) | $26,520,000 | | Additional Federal Tax | $14,325,330 | | State Tax(5.8%) | $6,409,000 | | Net Lumpsum Payment | $63,245,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,928,311 |
$1,413,805
$227,842 |
$2,286,664 |
| 2 |
$4,124,844 |
$1,486,523
$239,241 |
$2,399,080 |
| 3 |
$4,331,034 |
$1,562,813
$251,200 |
$2,517,021 |
| 4 |
$4,547,664 |
$1,642,966
$263,765 |
$2,640,933 |
| 5 |
$4,774,995 |
$1,727,079
$276,950 |
$2,770,966 |
| 6 |
$5,013,810 |
$1,815,440
$290,801 |
$2,907,569 |
| 7 |
$5,264,370 |
$1,908,147
$305,333 |
$3,050,890 |
| 8 |
$5,527,719 |
$2,005,586
$320,608 |
$3,201,525 |
| 9 |
$5,804,118 |
$2,107,854
$336,639 |
$3,359,625 |
| 10 |
$6,094,350 |
$2,215,240
$353,472 |
$3,525,638 |
| 11 |
$6,398,937 |
$2,327,937
$371,138 |
$3,699,862 |
| 12 |
$6,718,923 |
$2,446,332
$389,698 |
$3,882,893 |
| 13 |
$7,054,830 |
$2,570,617
$409,180 |
$4,075,033 |
| 14 |
$7,407,702 |
$2,701,180
$429,647 |
$4,276,875 |
| 15 |
$7,778,061 |
$2,838,213
$451,128 |
$4,488,720 |
| 16 |
$8,166,951 |
$2,982,102
$473,683 |
$4,711,166 |
| 17 |
$8,575,155 |
$3,133,138
$497,359 |
$4,944,658 |
| 18 |
$9,003,978 |
$3,291,802
$522,231 |
$5,189,945 |
| 19 |
$9,454,203 |
$3,458,385
$548,344 |
$5,447,474 |
| 20 |
$9,926,874 |
$3,633,274
$575,759 |
$5,717,841 |
| 21 |
$10,423,296 |
$3,816,950
$604,551 |
$6,001,795 |
| 22 |
$10,944,513 |
$4,009,800
$634,782 |
$6,299,931 |
| 23 |
$11,491,569 |
$4,212,211
$666,511 |
$6,612,847 |
| 24 |
$12,066,291 |
$4,424,858
$699,845 |
$6,941,588 |
| 25 |
$12,669,462 |
$4,648,031
$734,829 |
$7,286,602 |
| 26 |
$13,303,170 |
$4,882,503
$771,584 |
$7,649,083 |
| 27 |
$13,968,198 |
$5,128,564
$810,155 |
$8,029,479 |
| 28 |
$14,666,634 |
$5,386,985
$850,665 |
$8,428,984 |
| 29 |
$15,400,044 |
$5,658,347
$893,203 |
$8,848,494 |
| 30 |
$16,169,994 |
$5,943,228
$937,860 |
$9,288,906 |
|
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