The jackpot for the MEGA Millions draw on Fri Jun 12, 2026, is projected to be $413 Million, with an option for a cash payout of $182.6 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho MEGA Millions Jackpot/Cash Option for Fri Jun 12, 2026 |
|---|
| Draw Date | Fri Jun 12, 2026 | | Projected Jackpot | $413,000,000 | | Cash Value | $182,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $182,600,000 | | Federal Tax(24%) | $43,824,000 | | Additional Federal Tax | $23,698,330 | | State Tax(5.8%) | $10,590,800 | | Net Lumpsum Payment | $104,486,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,216,063 |
$2,260,274
$360,532 |
$3,595,257 |
| 2 |
$6,527,052 |
$2,375,340
$378,569 |
$3,773,143 |
| 3 |
$6,853,322 |
$2,496,060
$397,493 |
$3,959,769 |
| 4 |
$7,196,112 |
$2,622,892
$417,374 |
$4,155,846 |
| 5 |
$7,555,835 |
$2,755,989
$438,238 |
$4,361,608 |
| 6 |
$7,933,730 |
$2,895,810
$460,156 |
$4,577,764 |
| 7 |
$8,330,210 |
$3,042,508
$483,152 |
$4,804,550 |
| 8 |
$8,746,927 |
$3,196,693
$507,322 |
$5,042,912 |
| 9 |
$9,184,294 |
$3,358,519
$532,689 |
$5,293,086 |
| 10 |
$9,643,550 |
$3,528,444
$559,326 |
$5,555,780 |
| 11 |
$10,125,521 |
$3,706,773
$587,280 |
$5,831,468 |
| 12 |
$10,631,859 |
$3,894,118
$616,648 |
$6,121,093 |
| 13 |
$11,163,390 |
$4,090,785
$647,477 |
$6,425,128 |
| 14 |
$11,721,766 |
$4,297,384
$679,862 |
$6,744,520 |
| 15 |
$12,307,813 |
$4,514,221
$713,853 |
$7,079,739 |
| 16 |
$12,923,183 |
$4,741,908
$749,545 |
$7,431,730 |
| 17 |
$13,569,115 |
$4,980,903
$787,009 |
$7,801,203 |
| 18 |
$14,247,674 |
$5,231,970
$826,365 |
$8,189,339 |
| 19 |
$14,960,099 |
$5,495,567
$867,686 |
$8,596,846 |
| 20 |
$15,708,042 |
$5,772,306
$911,066 |
$9,024,670 |
| 21 |
$16,493,568 |
$6,062,951
$956,627 |
$9,473,990 |
| 22 |
$17,318,329 |
$6,368,112
$1,004,463 |
$9,945,754 |
| 23 |
$18,183,977 |
$6,688,402
$1,054,671 |
$10,440,904 |
| 24 |
$19,093,403 |
$7,024,889
$1,107,417 |
$10,961,097 |
| 25 |
$20,047,846 |
$7,378,033
$1,162,775 |
$11,507,038 |
| 26 |
$21,050,610 |
$7,749,056
$1,220,935 |
$12,080,619 |
| 27 |
$22,102,934 |
$8,138,416
$1,281,970 |
$12,682,548 |
| 28 |
$23,208,122 |
$8,547,336
$1,346,071 |
$13,314,715 |
| 29 |
$24,368,652 |
$8,976,732
$1,413,382 |
$13,978,538 |
| 30 |
$25,587,002 |
$9,427,521
$1,484,046 |
$14,675,435 |
|
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