The jackpot for the MEGA Millions draw on Fri Jun 5, 2026, is projected to be $368 Million, with an option for a cash payout of $163.6 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania MEGA Millions Jackpot/Cash Option for Fri Jun 5, 2026 |
|---|
| Draw Date | Fri Jun 5, 2026 | | Projected Jackpot | $368,000,000 | | Cash Value | $163,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $163,600,000 | | Federal Tax(24%) | $39,264,000 | | Additional Federal Tax | $21,228,330 | | State Tax(3.07%) | $5,022,520 | | Net Lumpsum Payment | $98,085,150 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,538,768 |
$2,009,675
$170,040 |
$3,359,053 |
| 2 |
$5,815,872 |
$2,112,203
$178,547 |
$3,525,122 |
| 3 |
$6,106,592 |
$2,219,769
$187,472 |
$3,699,351 |
| 4 |
$6,412,032 |
$2,332,782
$196,849 |
$3,882,401 |
| 5 |
$6,732,560 |
$2,451,378
$206,690 |
$4,074,492 |
| 6 |
$7,069,280 |
$2,575,964
$217,027 |
$4,276,289 |
| 7 |
$7,422,560 |
$2,706,678
$227,873 |
$4,488,009 |
| 8 |
$7,793,872 |
$2,844,063
$239,272 |
$4,710,537 |
| 9 |
$8,183,584 |
$2,988,256
$251,236 |
$4,944,092 |
| 10 |
$8,592,800 |
$3,139,666
$263,799 |
$5,189,335 |
| 11 |
$9,022,256 |
$3,298,565
$276,983 |
$5,446,708 |
| 12 |
$9,473,424 |
$3,465,497
$290,834 |
$5,717,093 |
| 13 |
$9,947,040 |
$3,640,735
$305,374 |
$6,000,931 |
| 14 |
$10,444,576 |
$3,824,824
$320,648 |
$6,299,104 |
| 15 |
$10,966,768 |
$4,018,035
$336,680 |
$6,612,053 |
| 16 |
$11,515,088 |
$4,220,913
$353,513 |
$6,940,662 |
| 17 |
$12,090,640 |
$4,433,867
$371,183 |
$7,285,590 |
| 18 |
$12,695,264 |
$4,657,578
$389,745 |
$7,647,941 |
| 19 |
$13,330,064 |
$4,892,454
$409,233 |
$8,028,377 |
| 20 |
$13,996,512 |
$5,139,040
$429,693 |
$8,427,779 |
| 21 |
$14,696,448 |
$5,398,016
$451,181 |
$8,847,251 |
| 22 |
$15,431,344 |
$5,669,928
$473,742 |
$9,287,674 |
| 23 |
$16,202,672 |
$5,955,319
$497,422 |
$9,749,931 |
| 24 |
$17,013,008 |
$6,255,143
$522,299 |
$10,235,566 |
| 25 |
$17,863,456 |
$6,569,809
$548,408 |
$10,745,239 |
| 26 |
$18,756,960 |
$6,900,406
$575,839 |
$11,280,715 |
| 27 |
$19,694,624 |
$7,247,341
$604,625 |
$11,842,658 |
| 28 |
$20,679,392 |
$7,611,705
$634,857 |
$12,432,830 |
| 29 |
$21,713,472 |
$7,994,315
$666,604 |
$13,052,553 |
| 30 |
$22,799,072 |
$8,395,987
$699,932 |
$13,703,153 |
|
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