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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky 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(4.5%) | $4,972,500 | | Net Lumpsum Payment | $64,682,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,928,311 |
$1,413,805
$176,774 |
$2,337,732 |
| 2 |
$4,124,844 |
$1,486,523
$185,618 |
$2,452,703 |
| 3 |
$4,331,034 |
$1,562,813
$194,897 |
$2,573,324 |
| 4 |
$4,547,664 |
$1,642,966
$204,645 |
$2,700,053 |
| 5 |
$4,774,995 |
$1,727,079
$214,875 |
$2,833,041 |
| 6 |
$5,013,810 |
$1,815,440
$225,621 |
$2,972,749 |
| 7 |
$5,264,370 |
$1,908,147
$236,897 |
$3,119,326 |
| 8 |
$5,527,719 |
$2,005,586
$248,747 |
$3,273,386 |
| 9 |
$5,804,118 |
$2,107,854
$261,185 |
$3,435,079 |
| 10 |
$6,094,350 |
$2,215,240
$274,246 |
$3,604,864 |
| 11 |
$6,398,937 |
$2,327,937
$287,952 |
$3,783,048 |
| 12 |
$6,718,923 |
$2,446,332
$302,352 |
$3,970,239 |
| 13 |
$7,054,830 |
$2,570,617
$317,467 |
$4,166,746 |
| 14 |
$7,407,702 |
$2,701,180
$333,347 |
$4,373,175 |
| 15 |
$7,778,061 |
$2,838,213
$350,013 |
$4,589,835 |
| 16 |
$8,166,951 |
$2,982,102
$367,513 |
$4,817,336 |
| 17 |
$8,575,155 |
$3,133,138
$385,882 |
$5,056,135 |
| 18 |
$9,003,978 |
$3,291,802
$405,179 |
$5,306,997 |
| 19 |
$9,454,203 |
$3,458,385
$425,439 |
$5,570,379 |
| 20 |
$9,926,874 |
$3,633,274
$446,709 |
$5,846,891 |
| 21 |
$10,423,296 |
$3,816,950
$469,048 |
$6,137,298 |
| 22 |
$10,944,513 |
$4,009,800
$492,503 |
$6,442,210 |
| 23 |
$11,491,569 |
$4,212,211
$517,121 |
$6,762,237 |
| 24 |
$12,066,291 |
$4,424,858
$542,983 |
$7,098,450 |
| 25 |
$12,669,462 |
$4,648,031
$570,126 |
$7,451,305 |
| 26 |
$13,303,170 |
$4,882,503
$598,643 |
$7,822,024 |
| 27 |
$13,968,198 |
$5,128,564
$628,569 |
$8,211,065 |
| 28 |
$14,666,634 |
$5,386,985
$659,999 |
$8,619,650 |
| 29 |
$15,400,044 |
$5,658,347
$693,002 |
$9,048,695 |
| 30 |
$16,169,994 |
$5,943,228
$727,650 |
$9,499,116 |
|
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