The jackpot for the MEGA Millions draw on Tue Apr 7, 2026, is projected to be $100 Million, with an option for a cash payout of $45.3 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 Apr 7, 2026 |
|---|
| Draw Date | Tue Apr 7, 2026 | | Projected Jackpot | $100,000,000 | | Cash Value | $45,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $45,300,000 | | Federal Tax(24%) | $10,872,000 | | Additional Federal Tax | $5,849,330 | | State Tax(4.5%) | $2,038,500 | | Net Lumpsum Payment | $26,540,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,505,100 |
$517,217
$67,730 |
$920,153 |
| 2 |
$1,580,400 |
$545,078
$71,118 |
$964,204 |
| 3 |
$1,659,400 |
$574,308
$74,673 |
$1,010,419 |
| 4 |
$1,742,400 |
$605,018
$78,408 |
$1,058,974 |
| 5 |
$1,829,500 |
$637,245
$82,328 |
$1,109,927 |
| 6 |
$1,921,000 |
$671,100
$86,445 |
$1,163,455 |
| 7 |
$2,017,000 |
$706,620
$90,765 |
$1,219,615 |
| 8 |
$2,117,900 |
$743,953
$95,306 |
$1,278,641 |
| 9 |
$2,223,800 |
$783,136
$100,071 |
$1,340,593 |
| 10 |
$2,335,000 |
$824,280
$105,075 |
$1,405,645 |
| 11 |
$2,451,700 |
$867,459
$110,327 |
$1,473,914 |
| 12 |
$2,574,300 |
$912,821
$115,844 |
$1,545,635 |
| 13 |
$2,703,000 |
$960,440
$121,635 |
$1,620,925 |
| 14 |
$2,838,200 |
$1,010,464
$127,719 |
$1,700,017 |
| 15 |
$2,980,100 |
$1,062,967
$134,105 |
$1,783,028 |
| 16 |
$3,129,100 |
$1,118,097
$140,810 |
$1,870,193 |
| 17 |
$3,285,500 |
$1,175,965
$147,848 |
$1,961,687 |
| 18 |
$3,449,800 |
$1,236,756
$155,241 |
$2,057,803 |
| 19 |
$3,622,300 |
$1,300,581
$163,004 |
$2,158,715 |
| 20 |
$3,803,400 |
$1,367,588
$171,153 |
$2,264,659 |
| 21 |
$3,993,600 |
$1,437,962
$179,712 |
$2,375,926 |
| 22 |
$4,193,300 |
$1,511,851
$188,699 |
$2,492,750 |
| 23 |
$4,402,900 |
$1,589,403
$198,131 |
$2,615,366 |
| 24 |
$4,623,100 |
$1,670,877
$208,040 |
$2,744,183 |
| 25 |
$4,854,200 |
$1,756,384
$218,439 |
$2,879,377 |
| 26 |
$5,097,000 |
$1,846,220
$229,365 |
$3,021,415 |
| 27 |
$5,351,800 |
$1,940,496
$240,831 |
$3,170,473 |
| 28 |
$5,619,400 |
$2,039,508
$252,873 |
$3,327,019 |
| 29 |
$5,900,400 |
$2,143,478
$265,518 |
$3,491,404 |
| 30 |
$6,195,400 |
$2,252,628
$278,793 |
$3,663,979 |
|
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