Jackpot Analysis Idaho Mega Millions

Jackpot Analysis for Idaho Mega Millions
The jackpot for the MEGA Millions draw on Tue Apr 21, 2026, is projected to be $140 Million, with an option for a cash payout of $62.8 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 Apr 21, 2026
Draw DateTue Apr 21, 2026
Projected Jackpot$140,000,000
Cash Value$62,800,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$62,800,000
Federal Tax(24%)$15,072,000
Additional Federal Tax$8,124,330
State Tax(5.8%)$3,642,400
Net Lumpsum Payment$35,961,270
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $2,107,140 $739,972
$122,214
$1,244,954
2 $2,212,560 $778,978
$128,328
$1,305,254
3 $2,323,160 $819,900
$134,743
$1,368,517
4 $2,439,360 $862,894
$141,483
$1,434,983
5 $2,561,300 $908,011
$148,555
$1,504,734
6 $2,689,400 $955,408
$155,985
$1,578,007
7 $2,823,800 $1,005,136
$163,780
$1,654,884
8 $2,965,060 $1,057,403
$171,973
$1,735,684
9 $3,113,320 $1,112,259
$180,573
$1,820,488
10 $3,269,000 $1,169,860
$189,602
$1,909,538
11 $3,432,380 $1,230,311
$199,078
$2,002,991
12 $3,604,020 $1,293,818
$209,033
$2,101,169
13 $3,784,200 $1,360,484
$219,484
$2,204,232
14 $3,973,480 $1,430,518
$230,462
$2,312,500
15 $4,172,140 $1,504,022
$241,984
$2,426,134
16 $4,380,740 $1,581,204
$254,083
$2,545,453
17 $4,599,700 $1,662,219
$266,783
$2,670,698
18 $4,829,720 $1,747,327
$280,124
$2,802,269
19 $5,071,220 $1,836,682
$294,131
$2,940,407
20 $5,324,760 $1,930,492
$308,836
$3,085,432
21 $5,591,040 $2,029,015
$324,280
$3,237,745
22 $5,870,620 $2,132,460
$340,496
$3,397,664
23 $6,164,060 $2,241,033
$357,515
$3,565,512
24 $6,472,340 $2,355,096
$375,396
$3,741,848
25 $6,795,880 $2,474,806
$394,161
$3,926,913
26 $7,135,800 $2,600,576
$413,876
$4,121,348
27 $7,492,520 $2,732,563
$434,566
$4,325,391
28 $7,867,160 $2,871,180
$456,295
$4,539,685
29 $8,260,560 $3,016,738
$479,112
$4,764,710
30 $8,673,560 $3,169,548
$503,066
$5,000,946