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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana 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(4.75%) | $5,248,750 | | Net Lumpsum Payment | $64,405,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,928,311 |
$1,413,805
$186,595 |
$2,327,911 |
| 2 |
$4,124,844 |
$1,486,523
$195,930 |
$2,442,391 |
| 3 |
$4,331,034 |
$1,562,813
$205,724 |
$2,562,497 |
| 4 |
$4,547,664 |
$1,642,966
$216,014 |
$2,688,684 |
| 5 |
$4,774,995 |
$1,727,079
$226,812 |
$2,821,104 |
| 6 |
$5,013,810 |
$1,815,440
$238,156 |
$2,960,214 |
| 7 |
$5,264,370 |
$1,908,147
$250,058 |
$3,106,165 |
| 8 |
$5,527,719 |
$2,005,586
$262,567 |
$3,259,566 |
| 9 |
$5,804,118 |
$2,107,854
$275,696 |
$3,420,568 |
| 10 |
$6,094,350 |
$2,215,240
$289,482 |
$3,589,628 |
| 11 |
$6,398,937 |
$2,327,937
$303,950 |
$3,767,050 |
| 12 |
$6,718,923 |
$2,446,332
$319,149 |
$3,953,442 |
| 13 |
$7,054,830 |
$2,570,617
$335,104 |
$4,149,109 |
| 14 |
$7,407,702 |
$2,701,180
$351,866 |
$4,354,656 |
| 15 |
$7,778,061 |
$2,838,213
$369,458 |
$4,570,390 |
| 16 |
$8,166,951 |
$2,982,102
$387,930 |
$4,796,919 |
| 17 |
$8,575,155 |
$3,133,138
$407,320 |
$5,034,697 |
| 18 |
$9,003,978 |
$3,291,802
$427,689 |
$5,284,487 |
| 19 |
$9,454,203 |
$3,458,385
$449,075 |
$5,546,743 |
| 20 |
$9,926,874 |
$3,633,274
$471,527 |
$5,822,073 |
| 21 |
$10,423,296 |
$3,816,950
$495,107 |
$6,111,239 |
| 22 |
$10,944,513 |
$4,009,800
$519,864 |
$6,414,849 |
| 23 |
$11,491,569 |
$4,212,211
$545,850 |
$6,733,508 |
| 24 |
$12,066,291 |
$4,424,858
$573,149 |
$7,068,284 |
| 25 |
$12,669,462 |
$4,648,031
$601,799 |
$7,419,632 |
| 26 |
$13,303,170 |
$4,882,503
$631,901 |
$7,788,766 |
| 27 |
$13,968,198 |
$5,128,564
$663,489 |
$8,176,145 |
| 28 |
$14,666,634 |
$5,386,985
$696,665 |
$8,582,984 |
| 29 |
$15,400,044 |
$5,658,347
$731,502 |
$9,010,195 |
| 30 |
$16,169,994 |
$5,943,228
$768,075 |
$9,458,691 |
|
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