The jackpot for the MEGA Millions draw on Tue Sep 22, 2026, is projected to be $261 Million, with an option for a cash payout of $110.5 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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin MEGA Millions Jackpot/Cash Option for Tue Sep 22, 2026 |
|---|
| Draw Date | Tue Sep 22, 2026 | | Projected Jackpot | $261,000,000 | | Cash Value | $110,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $110,500,000 | | Federal Tax(24%) | $26,520,000 | | Additional Federal Tax | $14,325,330 | | State Tax(7.65%) | $8,453,250 | | Net Lumpsum Payment | $61,201,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,928,311 |
$1,413,805 $300,516 |
$2,213,990 |
| 2 |
$4,124,844 |
$1,486,523 $315,551 |
$2,322,770 |
| 3 |
$4,331,034 |
$1,562,813 $331,324 |
$2,436,897 |
| 4 |
$4,547,664 |
$1,642,966 $347,896 |
$2,556,802 |
| 5 |
$4,774,995 |
$1,727,079 $365,287 |
$2,682,629 |
| 6 |
$5,013,810 |
$1,815,440 $383,556 |
$2,814,814 |
| 7 |
$5,264,370 |
$1,908,147 $402,724 |
$2,953,499 |
| 8 |
$5,527,719 |
$2,005,586 $422,871 |
$3,099,262 |
| 9 |
$5,804,118 |
$2,107,854 $444,015 |
$3,252,249 |
| 10 |
$6,094,350 |
$2,215,240 $466,218 |
$3,412,892 |
| 11 |
$6,398,937 |
$2,327,937 $489,519 |
$3,581,481 |
| 12 |
$6,718,923 |
$2,446,332 $513,998 |
$3,758,593 |
| 13 |
$7,054,830 |
$2,570,617 $539,694 |
$3,944,519 |
| 14 |
$7,407,702 |
$2,701,180 $566,689 |
$4,139,833 |
| 15 |
$7,778,061 |
$2,838,213 $595,022 |
$4,344,826 |
| 16 |
$8,166,951 |
$2,982,102 $624,772 |
$4,560,077 |
| 17 |
$8,575,155 |
$3,133,138 $655,999 |
$4,786,018 |
| 18 |
$9,003,978 |
$3,291,802 $688,804 |
$5,023,372 |
| 19 |
$9,454,203 |
$3,458,385 $723,247 |
$5,272,571 |
| 20 |
$9,926,874 |
$3,633,274 $759,406 |
$5,534,194 |
| 21 |
$10,423,296 |
$3,816,950 $797,382 |
$5,808,964 |
| 22 |
$10,944,513 |
$4,009,800 $837,255 |
$6,097,458 |
| 23 |
$11,491,569 |
$4,212,211 $879,105 |
$6,400,253 |
| 24 |
$12,066,291 |
$4,424,858 $923,071 |
$6,718,362 |
| 25 |
$12,669,462 |
$4,648,031 $969,214 |
$7,052,217 |
| 26 |
$13,303,170 |
$4,882,503 $1,017,693 |
$7,402,974 |
| 27 |
$13,968,198 |
$5,128,564 $1,068,567 |
$7,771,067 |
| 28 |
$14,666,634 |
$5,386,985 $1,121,998 |
$8,157,651 |
| 29 |
$15,400,044 |
$5,658,347 $1,178,103 |
$8,563,594 |
| 30 |
$16,169,994 |
$5,943,228 $1,237,005 |
$8,989,761 |
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