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 Massachusetts residents, the state will deduct 5% from your lottery earnings.
| Massachusetts 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%) | $9,130,000 | | Net Lumpsum Payment | $105,947,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,216,063 |
$2,260,274
$310,803 |
$3,644,986 |
| 2 |
$6,527,052 |
$2,375,340
$326,353 |
$3,825,359 |
| 3 |
$6,853,322 |
$2,496,060
$342,666 |
$4,014,596 |
| 4 |
$7,196,112 |
$2,622,892
$359,806 |
$4,213,414 |
| 5 |
$7,555,835 |
$2,755,989
$377,792 |
$4,422,054 |
| 6 |
$7,933,730 |
$2,895,810
$396,687 |
$4,641,233 |
| 7 |
$8,330,210 |
$3,042,508
$416,511 |
$4,871,191 |
| 8 |
$8,746,927 |
$3,196,693
$437,346 |
$5,112,888 |
| 9 |
$9,184,294 |
$3,358,519
$459,215 |
$5,366,560 |
| 10 |
$9,643,550 |
$3,528,444
$482,178 |
$5,632,928 |
| 11 |
$10,125,521 |
$3,706,773
$506,276 |
$5,912,472 |
| 12 |
$10,631,859 |
$3,894,118
$531,593 |
$6,206,148 |
| 13 |
$11,163,390 |
$4,090,785
$558,170 |
$6,514,435 |
| 14 |
$11,721,766 |
$4,297,384
$586,088 |
$6,838,294 |
| 15 |
$12,307,813 |
$4,514,221
$615,391 |
$7,178,201 |
| 16 |
$12,923,183 |
$4,741,908
$646,159 |
$7,535,116 |
| 17 |
$13,569,115 |
$4,980,903
$678,456 |
$7,909,756 |
| 18 |
$14,247,674 |
$5,231,970
$712,384 |
$8,303,320 |
| 19 |
$14,960,099 |
$5,495,567
$748,005 |
$8,716,527 |
| 20 |
$15,708,042 |
$5,772,306
$785,402 |
$9,150,334 |
| 21 |
$16,493,568 |
$6,062,951
$824,678 |
$9,605,939 |
| 22 |
$17,318,329 |
$6,368,112
$865,916 |
$10,084,301 |
| 23 |
$18,183,977 |
$6,688,402
$909,199 |
$10,586,376 |
| 24 |
$19,093,403 |
$7,024,889
$954,670 |
$11,113,844 |
| 25 |
$20,047,846 |
$7,378,033
$1,002,392 |
$11,667,421 |
| 26 |
$21,050,610 |
$7,749,056
$1,052,531 |
$12,249,023 |
| 27 |
$22,102,934 |
$8,138,416
$1,105,147 |
$12,859,371 |
| 28 |
$23,208,122 |
$8,547,336
$1,160,406 |
$13,500,380 |
| 29 |
$24,368,652 |
$8,976,732
$1,218,433 |
$14,173,487 |
| 30 |
$25,587,002 |
$9,427,521
$1,279,350 |
$14,880,131 |
|
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