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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin 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(7.65%) | $12,515,400 | | Net Lumpsum Payment | $90,592,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,538,768 |
$2,009,675
$423,716 |
$3,105,377 |
| 2 |
$5,815,872 |
$2,112,203
$444,914 |
$3,258,755 |
| 3 |
$6,106,592 |
$2,219,769
$467,154 |
$3,419,669 |
| 4 |
$6,412,032 |
$2,332,782
$490,520 |
$3,588,730 |
| 5 |
$6,732,560 |
$2,451,378
$515,041 |
$3,766,141 |
| 6 |
$7,069,280 |
$2,575,964
$540,800 |
$3,952,516 |
| 7 |
$7,422,560 |
$2,706,678
$567,826 |
$4,148,056 |
| 8 |
$7,793,872 |
$2,844,063
$596,231 |
$4,353,578 |
| 9 |
$8,183,584 |
$2,988,256
$626,044 |
$4,569,284 |
| 10 |
$8,592,800 |
$3,139,666
$657,349 |
$4,795,785 |
| 11 |
$9,022,256 |
$3,298,565
$690,203 |
$5,033,488 |
| 12 |
$9,473,424 |
$3,465,497
$724,717 |
$5,283,210 |
| 13 |
$9,947,040 |
$3,640,735
$760,949 |
$5,545,356 |
| 14 |
$10,444,576 |
$3,824,824
$799,010 |
$5,820,742 |
| 15 |
$10,966,768 |
$4,018,035
$838,958 |
$6,109,775 |
| 16 |
$11,515,088 |
$4,220,913
$880,904 |
$6,413,271 |
| 17 |
$12,090,640 |
$4,433,867
$924,934 |
$6,731,839 |
| 18 |
$12,695,264 |
$4,657,578
$971,188 |
$7,066,498 |
| 19 |
$13,330,064 |
$4,892,454
$1,019,750 |
$7,417,860 |
| 20 |
$13,996,512 |
$5,139,040
$1,070,733 |
$7,786,739 |
| 21 |
$14,696,448 |
$5,398,016
$1,124,278 |
$8,174,154 |
| 22 |
$15,431,344 |
$5,669,928
$1,180,498 |
$8,580,918 |
| 23 |
$16,202,672 |
$5,955,319
$1,239,504 |
$9,007,849 |
| 24 |
$17,013,008 |
$6,255,143
$1,301,495 |
$9,456,370 |
| 25 |
$17,863,456 |
$6,569,809
$1,366,554 |
$9,927,093 |
| 26 |
$18,756,960 |
$6,900,406
$1,434,907 |
$10,421,647 |
| 27 |
$19,694,624 |
$7,247,341
$1,506,639 |
$10,940,644 |
| 28 |
$20,679,392 |
$7,611,705
$1,581,973 |
$11,485,714 |
| 29 |
$21,713,472 |
$7,994,315
$1,661,081 |
$12,058,076 |
| 30 |
$22,799,072 |
$8,395,987
$1,744,129 |
$12,658,956 |
|
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