The jackpot for the MEGA Millions draw on Tue Jan 6, 2026, is projected to be $180 Million, with an option for a cash payout of $81.9 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 Jan 6, 2026 |
|---|
| Draw Date | Tue Jan 6, 2026 | | Projected Jackpot | $180,000,000 | | Cash Value | $81,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $81,900,000 | | Federal Tax(24%) | $19,656,000 | | Additional Federal Tax | $10,607,330 | | State Tax(4.75%) | $3,890,250 | | Net Lumpsum Payment | $47,746,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,709,180 |
$962,727
$128,686 |
$1,617,767 |
| 2 |
$2,844,720 |
$1,012,877
$135,124 |
$1,696,719 |
| 3 |
$2,986,920 |
$1,065,491
$141,879 |
$1,779,550 |
| 4 |
$3,136,320 |
$1,120,769
$148,975 |
$1,866,576 |
| 5 |
$3,293,100 |
$1,178,777
$156,422 |
$1,957,901 |
| 6 |
$3,457,800 |
$1,239,716
$164,246 |
$2,053,838 |
| 7 |
$3,630,600 |
$1,303,652
$172,454 |
$2,154,494 |
| 8 |
$3,812,220 |
$1,370,852
$181,080 |
$2,260,288 |
| 9 |
$4,002,840 |
$1,441,381
$190,135 |
$2,371,324 |
| 10 |
$4,203,000 |
$1,515,440
$199,643 |
$2,487,917 |
| 11 |
$4,413,060 |
$1,593,163
$209,620 |
$2,610,277 |
| 12 |
$4,633,740 |
$1,674,814
$220,103 |
$2,738,823 |
| 13 |
$4,865,400 |
$1,760,528
$231,107 |
$2,873,765 |
| 14 |
$5,108,760 |
$1,850,572
$242,666 |
$3,015,522 |
| 15 |
$5,364,180 |
$1,945,077
$254,799 |
$3,164,304 |
| 16 |
$5,632,380 |
$2,044,311
$267,538 |
$3,320,531 |
| 17 |
$5,913,900 |
$2,148,473
$280,910 |
$3,484,517 |
| 18 |
$6,209,640 |
$2,257,897
$294,958 |
$3,656,785 |
| 19 |
$6,520,140 |
$2,372,782
$309,707 |
$3,837,651 |
| 20 |
$6,846,120 |
$2,493,395
$325,191 |
$4,027,534 |
| 21 |
$7,188,480 |
$2,620,068
$341,453 |
$4,226,959 |
| 22 |
$7,547,940 |
$2,753,068
$358,527 |
$4,436,345 |
| 23 |
$7,925,220 |
$2,892,662
$376,448 |
$4,656,110 |
| 24 |
$8,321,580 |
$3,039,315
$395,275 |
$4,886,990 |
| 25 |
$8,737,560 |
$3,193,228
$415,034 |
$5,129,298 |
| 26 |
$9,174,600 |
$3,354,932
$435,794 |
$5,383,874 |
| 27 |
$9,633,240 |
$3,524,629
$457,579 |
$5,651,032 |
| 28 |
$10,114,920 |
$3,702,851
$480,459 |
$5,931,610 |
| 29 |
$10,620,720 |
$3,889,997
$504,484 |
$6,226,239 |
| 30 |
$11,151,720 |
$4,086,467
$529,707 |
$6,535,546 |
|
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