The jackpot for the MEGA Millions draw on Tue Oct 13, 2026, is projected to be $385 Million, with an option for a cash payout of $154.8 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky MEGA Millions Jackpot/Cash Option for Tue Oct 13, 2026 |
|---|
| Draw Date | Tue Oct 13, 2026 | | Projected Jackpot | $385,000,000 | | Cash Value | $154,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $154,800,000 | | Federal Tax(24%) | $37,152,000 | | Additional Federal Tax | $20,084,330 | | State Tax(4.5%) | $6,966,000 | | Net Lumpsum Payment | $90,597,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,794,635 |
$2,104,345
$260,759 |
$3,429,531 |
| 2 |
$6,084,540 |
$2,211,610
$273,804 |
$3,599,126 |
| 3 |
$6,388,690 |
$2,324,146
$287,491 |
$3,777,053 |
| 4 |
$6,708,240 |
$2,442,379
$301,871 |
$3,963,990 |
| 5 |
$7,043,575 |
$2,566,453
$316,961 |
$4,160,161 |
| 6 |
$7,395,850 |
$2,696,795
$332,813 |
$4,366,242 |
| 7 |
$7,765,450 |
$2,833,547
$349,445 |
$4,582,458 |
| 8 |
$8,153,915 |
$2,977,279
$366,926 |
$4,809,710 |
| 9 |
$8,561,630 |
$3,128,133
$385,273 |
$5,048,224 |
| 10 |
$8,989,750 |
$3,286,538
$404,539 |
$5,298,673 |
| 11 |
$9,439,045 |
$3,452,777
$424,757 |
$5,561,511 |
| 12 |
$9,911,055 |
$3,627,421
$445,997 |
$5,837,637 |
| 13 |
$10,406,550 |
$3,810,754
$468,295 |
$6,127,501 |
| 14 |
$10,927,070 |
$4,003,346
$491,718 |
$6,432,006 |
| 15 |
$11,473,385 |
$4,205,483
$516,302 |
$6,751,600 |
| 16 |
$12,047,035 |
$4,417,733
$542,117 |
$7,087,185 |
| 17 |
$12,649,175 |
$4,640,525
$569,213 |
$7,439,437 |
| 18 |
$13,281,730 |
$4,874,570
$597,678 |
$7,809,482 |
| 19 |
$13,945,855 |
$5,120,297
$627,563 |
$8,197,995 |
| 20 |
$14,643,090 |
$5,378,274
$658,939 |
$8,605,877 |
| 21 |
$15,375,360 |
$5,649,214
$691,891 |
$9,034,255 |
| 22 |
$16,144,205 |
$5,933,686
$726,489 |
$9,484,030 |
| 23 |
$16,951,165 |
$6,232,261
$762,802 |
$9,956,102 |
| 24 |
$17,798,935 |
$6,545,936
$800,952 |
$10,452,047 |
| 25 |
$18,688,670 |
$6,875,138
$840,990 |
$10,972,542 |
| 26 |
$19,623,450 |
$7,221,007
$883,055 |
$11,519,388 |
| 27 |
$20,604,430 |
$7,583,969
$927,199 |
$12,093,262 |
| 28 |
$21,634,690 |
$7,965,166
$973,561 |
$12,695,963 |
| 29 |
$22,716,540 |
$8,365,450
$1,022,244 |
$13,328,846 |
| 30 |
$23,852,290 |
$8,785,678
$1,073,353 |
$13,993,259 |
|
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