The jackpot for the MEGA Millions draw on Fri Nov 6, 2026, is projected to be $505 Million, with an option for a cash payout of $213.3 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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana MEGA Millions Jackpot/Cash Option for Fri Nov 6, 2026 |
|---|
| Draw Date | Fri Nov 6, 2026 | | Projected Jackpot | $505,000,000 | | Cash Value | $213,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $213,300,000 | | Federal Tax(24%) | $51,192,000 | | Additional Federal Tax | $27,689,330 | | State Tax(4.75%) | $10,131,750 | | Net Lumpsum Payment | $124,286,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,600,755 |
$2,772,610
$361,036 |
$4,467,109 |
| 2 |
$7,981,020 |
$2,913,308
$379,098 |
$4,688,614 |
| 3 |
$8,379,970 |
$3,060,919
$398,049 |
$4,921,002 |
| 4 |
$8,799,120 |
$3,216,005
$417,958 |
$5,165,157 |
| 5 |
$9,238,975 |
$3,378,751
$438,851 |
$5,421,373 |
| 6 |
$9,701,050 |
$3,549,719
$460,800 |
$5,690,531 |
| 7 |
$10,185,850 |
$3,729,095
$483,828 |
$5,972,927 |
| 8 |
$10,695,395 |
$3,917,627
$508,031 |
$6,269,737 |
| 9 |
$11,230,190 |
$4,115,501
$533,434 |
$6,581,255 |
| 10 |
$11,791,750 |
$4,323,278
$560,108 |
$6,908,364 |
| 11 |
$12,381,085 |
$4,541,332
$588,102 |
$7,251,651 |
| 12 |
$13,000,215 |
$4,770,410
$617,510 |
$7,612,295 |
| 13 |
$13,650,150 |
$5,010,886
$648,382 |
$7,990,882 |
| 14 |
$14,332,910 |
$5,263,507
$680,813 |
$8,388,590 |
| 15 |
$15,049,505 |
$5,528,647
$714,851 |
$8,806,007 |
| 16 |
$15,801,955 |
$5,807,054
$750,593 |
$9,244,308 |
| 17 |
$16,591,775 |
$6,099,287
$788,109 |
$9,704,379 |
| 18 |
$17,421,490 |
$6,406,282
$827,521 |
$10,187,687 |
| 19 |
$18,292,615 |
$6,728,598
$868,899 |
$10,695,118 |
| 20 |
$19,207,170 |
$7,066,983
$912,341 |
$11,227,846 |
| 21 |
$20,167,680 |
$7,422,372
$957,965 |
$11,787,343 |
| 22 |
$21,176,165 |
$7,795,511
$1,005,868 |
$12,374,786 |
| 23 |
$22,234,645 |
$8,187,149
$1,056,146 |
$12,991,350 |
| 24 |
$23,346,655 |
$8,598,593
$1,108,966 |
$13,639,096 |
| 25 |
$24,513,710 |
$9,030,403
$1,164,401 |
$14,318,906 |
| 26 |
$25,739,850 |
$9,484,075
$1,222,643 |
$15,033,132 |
| 27 |
$27,026,590 |
$9,960,169
$1,283,763 |
$15,782,658 |
| 28 |
$28,377,970 |
$10,460,179
$1,347,954 |
$16,569,837 |
| 29 |
$29,797,020 |
$10,985,228
$1,415,358 |
$17,396,434 |
| 30 |
$31,286,770 |
$11,536,435
$1,486,122 |
$18,264,213 |
|
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