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 Connecticut residents, the state will deduct 6.99% from your lottery earnings.
| Connecticut 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(6.99%) | $7,723,950 | | Net Lumpsum Payment | $61,930,720 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,928,311 |
$1,413,805
$274,589 |
$2,239,917 |
| 2 |
$4,124,844 |
$1,486,523
$288,327 |
$2,349,994 |
| 3 |
$4,331,034 |
$1,562,813
$302,739 |
$2,465,482 |
| 4 |
$4,547,664 |
$1,642,966
$317,882 |
$2,586,816 |
| 5 |
$4,774,995 |
$1,727,079
$333,772 |
$2,714,144 |
| 6 |
$5,013,810 |
$1,815,440
$350,465 |
$2,847,905 |
| 7 |
$5,264,370 |
$1,908,147
$367,979 |
$2,988,244 |
| 8 |
$5,527,719 |
$2,005,586
$386,388 |
$3,135,745 |
| 9 |
$5,804,118 |
$2,107,854
$405,708 |
$3,290,556 |
| 10 |
$6,094,350 |
$2,215,240
$425,995 |
$3,453,115 |
| 11 |
$6,398,937 |
$2,327,937
$447,286 |
$3,623,714 |
| 12 |
$6,718,923 |
$2,446,332
$469,653 |
$3,802,938 |
| 13 |
$7,054,830 |
$2,570,617
$493,133 |
$3,991,080 |
| 14 |
$7,407,702 |
$2,701,180
$517,798 |
$4,188,724 |
| 15 |
$7,778,061 |
$2,838,213
$543,686 |
$4,396,162 |
| 16 |
$8,166,951 |
$2,982,102
$570,870 |
$4,613,979 |
| 17 |
$8,575,155 |
$3,133,138
$599,403 |
$4,842,614 |
| 18 |
$9,003,978 |
$3,291,802
$629,378 |
$5,082,798 |
| 19 |
$9,454,203 |
$3,458,385
$660,849 |
$5,334,969 |
| 20 |
$9,926,874 |
$3,633,274
$693,888 |
$5,599,712 |
| 21 |
$10,423,296 |
$3,816,950
$728,588 |
$5,877,758 |
| 22 |
$10,944,513 |
$4,009,800
$765,021 |
$6,169,692 |
| 23 |
$11,491,569 |
$4,212,211
$803,261 |
$6,476,097 |
| 24 |
$12,066,291 |
$4,424,858
$843,434 |
$6,797,999 |
| 25 |
$12,669,462 |
$4,648,031
$885,595 |
$7,135,836 |
| 26 |
$13,303,170 |
$4,882,503
$929,892 |
$7,490,775 |
| 27 |
$13,968,198 |
$5,128,564
$976,377 |
$7,863,257 |
| 28 |
$14,666,634 |
$5,386,985
$1,025,198 |
$8,254,451 |
| 29 |
$15,400,044 |
$5,658,347
$1,076,463 |
$8,665,234 |
| 30 |
$16,169,994 |
$5,943,228
$1,130,283 |
$9,096,483 |
|
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