The jackpot for the MEGA Millions draw on Tue Jun 9, 2026, is projected to be $392 Million, with an option for a cash payout of $173.3 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 Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland MEGA Millions Jackpot/Cash Option for Tue Jun 9, 2026 |
|---|
| Draw Date | Tue Jun 9, 2026 | | Projected Jackpot | $392,000,000 | | Cash Value | $173,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $173,300,000 | | Federal Tax(24%) | $41,592,000 | | Additional Federal Tax | $22,489,330 | | State Tax(8.95%) | $15,510,350 | | Net Lumpsum Payment | $93,708,320 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,899,992 |
$2,143,327
$528,049 |
$3,228,616 |
| 2 |
$6,195,168 |
$2,252,543
$554,468 |
$3,388,157 |
| 3 |
$6,504,848 |
$2,367,124
$582,184 |
$3,555,540 |
| 4 |
$6,830,208 |
$2,487,507
$611,304 |
$3,731,397 |
| 5 |
$7,171,640 |
$2,613,837
$641,862 |
$3,915,941 |
| 6 |
$7,530,320 |
$2,746,549
$673,964 |
$4,109,807 |
| 7 |
$7,906,640 |
$2,885,787
$707,644 |
$4,313,209 |
| 8 |
$8,302,168 |
$3,032,133
$743,044 |
$4,526,991 |
| 9 |
$8,717,296 |
$3,185,730
$780,198 |
$4,751,368 |
| 10 |
$9,153,200 |
$3,347,014
$819,211 |
$4,986,975 |
| 11 |
$9,610,664 |
$3,516,276
$860,154 |
$5,234,234 |
| 12 |
$10,091,256 |
$3,694,095
$903,167 |
$5,493,994 |
| 13 |
$10,595,760 |
$3,880,762
$948,321 |
$5,766,677 |
| 14 |
$11,125,744 |
$4,076,856
$995,754 |
$6,053,134 |
| 15 |
$11,681,992 |
$4,282,667
$1,045,538 |
$6,353,787 |
| 16 |
$12,266,072 |
$4,498,777
$1,097,813 |
$6,669,482 |
| 17 |
$12,879,160 |
$4,725,620
$1,152,685 |
$7,000,855 |
| 18 |
$13,523,216 |
$4,963,920
$1,210,328 |
$7,348,968 |
| 19 |
$14,199,416 |
$5,214,114
$1,270,848 |
$7,714,454 |
| 20 |
$14,909,328 |
$5,476,782
$1,334,385 |
$8,098,161 |
| 21 |
$15,654,912 |
$5,752,648
$1,401,115 |
$8,501,149 |
| 22 |
$16,437,736 |
$6,042,293
$1,471,177 |
$8,924,266 |
| 23 |
$17,259,368 |
$6,346,297
$1,544,713 |
$9,368,358 |
| 24 |
$18,122,552 |
$6,665,675
$1,621,968 |
$9,834,909 |
| 25 |
$19,028,464 |
$7,000,862
$1,703,048 |
$10,324,554 |
| 26 |
$19,980,240 |
$7,353,019
$1,788,231 |
$10,838,990 |
| 27 |
$20,979,056 |
$7,722,581
$1,877,626 |
$11,378,849 |
| 28 |
$22,028,048 |
$8,110,708
$1,971,510 |
$11,945,830 |
| 29 |
$23,129,568 |
$8,518,271
$2,070,096 |
$12,541,201 |
| 30 |
$24,285,968 |
$8,946,139
$2,173,594 |
$13,166,235 |
|
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