The jackpot for the MEGA Millions draw on Fri Sep 4, 2026, is projected to be $177 Million, with an option for a cash payout of $76.3 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 Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland MEGA Millions Jackpot/Cash Option for Fri Sep 4, 2026 |
|---|
| Draw Date | Fri Sep 4, 2026 | | Projected Jackpot | $177,000,000 | | Cash Value | $76,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $76,300,000 | | Federal Tax(24%) | $18,312,000 | | Additional Federal Tax | $9,879,330 | | State Tax(8.95%) | $6,828,850 | | Net Lumpsum Payment | $41,279,820 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,664,027 |
$946,020
$238,430 |
$1,479,577 |
| 2 |
$2,797,308 |
$995,334
$250,359 |
$1,551,615 |
| 3 |
$2,937,138 |
$1,047,071
$262,874 |
$1,627,193 |
| 4 |
$3,084,048 |
$1,101,428
$276,022 |
$1,706,598 |
| 5 |
$3,238,215 |
$1,158,470
$289,820 |
$1,789,925 |
| 6 |
$3,400,170 |
$1,218,393
$304,315 |
$1,877,462 |
| 7 |
$3,570,090 |
$1,281,264
$319,523 |
$1,969,303 |
| 8 |
$3,748,683 |
$1,347,343
$335,507 |
$2,065,833 |
| 9 |
$3,936,126 |
$1,416,697
$352,283 |
$2,167,146 |
| 10 |
$4,132,950 |
$1,489,522
$369,899 |
$2,273,529 |
| 11 |
$4,339,509 |
$1,565,949
$388,386 |
$2,385,174 |
| 12 |
$4,556,511 |
$1,646,239
$407,808 |
$2,502,464 |
| 13 |
$4,784,310 |
$1,730,525
$428,196 |
$2,625,589 |
| 14 |
$5,023,614 |
$1,819,068
$449,613 |
$2,754,933 |
| 15 |
$5,274,777 |
$1,911,998
$472,093 |
$2,890,686 |
| 16 |
$5,538,507 |
$2,009,578
$495,696 |
$3,033,233 |
| 17 |
$5,815,335 |
$2,112,004
$520,472 |
$3,182,859 |
| 18 |
$6,106,146 |
$2,219,604
$546,500 |
$3,340,042 |
| 19 |
$6,411,471 |
$2,332,575
$573,827 |
$3,505,069 |
| 20 |
$6,732,018 |
$2,451,177
$602,516 |
$3,678,325 |
| 21 |
$7,068,672 |
$2,575,739
$632,646 |
$3,860,287 |
| 22 |
$7,422,141 |
$2,706,523
$664,282 |
$4,051,336 |
| 23 |
$7,793,133 |
$2,843,790
$697,485 |
$4,251,858 |
| 24 |
$8,182,887 |
$2,987,999
$732,368 |
$4,462,520 |
| 25 |
$8,591,934 |
$3,139,346
$768,978 |
$4,683,610 |
| 26 |
$9,021,690 |
$3,298,356
$807,441 |
$4,915,893 |
| 27 |
$9,472,686 |
$3,465,224
$847,805 |
$5,159,657 |
| 28 |
$9,946,338 |
$3,640,475
$890,197 |
$5,415,666 |
| 29 |
$10,443,708 |
$3,824,502
$934,712 |
$5,684,494 |
| 30 |
$10,965,858 |
$4,017,698
$981,444 |
$5,966,716 |
|
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