The jackpot for the MEGA Millions draw on Fri Sep 18, 2026, is projected to be $244 Million, with an option for a cash payout of $103.5 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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana MEGA Millions Jackpot/Cash Option for Fri Sep 18, 2026 |
|---|
| Draw Date | Fri Sep 18, 2026 | | Projected Jackpot | $244,000,000 | | Cash Value | $103,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $103,500,000 | | Federal Tax(24%) | $24,840,000 | | Additional Federal Tax | $13,415,330 | | State Tax(6.75%) | $6,986,250 | | Net Lumpsum Payment | $58,258,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,672,444 |
$1,319,135
$247,890 |
$2,105,419 |
| 2 |
$3,856,176 |
$1,387,116
$260,292 |
$2,208,768 |
| 3 |
$4,048,936 |
$1,458,437
$273,303 |
$2,317,196 |
| 4 |
$4,251,456 |
$1,533,369
$286,973 |
$2,431,114 |
| 5 |
$4,463,980 |
$1,612,003
$301,319 |
$2,550,658 |
| 6 |
$4,687,240 |
$1,694,609
$316,389 |
$2,676,242 |
| 7 |
$4,921,480 |
$1,781,278
$332,200 |
$2,808,002 |
| 8 |
$5,167,676 |
$1,872,371
$348,818 |
$2,946,487 |
| 9 |
$5,426,072 |
$1,967,977
$366,260 |
$3,091,835 |
| 10 |
$5,697,400 |
$2,068,368
$384,575 |
$3,244,457 |
| 11 |
$5,982,148 |
$2,173,725
$403,795 |
$3,404,628 |
| 12 |
$6,281,292 |
$2,284,408
$423,987 |
$3,572,897 |
| 13 |
$6,595,320 |
$2,400,599
$445,184 |
$3,749,537 |
| 14 |
$6,925,208 |
$2,522,657
$467,452 |
$3,935,099 |
| 15 |
$7,271,444 |
$2,650,765
$490,822 |
$4,129,857 |
| 16 |
$7,635,004 |
$2,785,282
$515,363 |
$4,334,359 |
| 17 |
$8,016,620 |
$2,926,480
$541,122 |
$4,549,018 |
| 18 |
$8,417,512 |
$3,074,810
$568,182 |
$4,774,520 |
| 19 |
$8,838,412 |
$3,230,543
$596,593 |
$5,011,276 |
| 20 |
$9,280,296 |
$3,394,040
$626,420 |
$5,259,836 |
| 21 |
$9,744,384 |
$3,565,752
$657,746 |
$5,520,886 |
| 22 |
$10,231,652 |
$3,746,042
$690,637 |
$5,794,973 |
| 23 |
$10,743,076 |
$3,935,269
$725,158 |
$6,082,649 |
| 24 |
$11,280,364 |
$4,134,065
$761,425 |
$6,384,874 |
| 25 |
$11,844,248 |
$4,342,702
$799,487 |
$6,702,059 |
| 26 |
$12,436,680 |
$4,561,902
$839,476 |
$7,035,302 |
| 27 |
$13,058,392 |
$4,791,935
$881,441 |
$7,385,016 |
| 28 |
$13,711,336 |
$5,033,525
$925,515 |
$7,752,296 |
| 29 |
$14,396,976 |
$5,287,212
$971,796 |
$8,137,968 |
| 30 |
$15,116,776 |
$5,553,538
$1,020,382 |
$8,542,856 |
|
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