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 Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland 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(8.95%) | $13,854,600 | | Net Lumpsum Payment | $83,709,070 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,794,635 |
$2,104,345
$518,620 |
$3,171,670 |
| 2 |
$6,084,540 |
$2,211,610
$544,566 |
$3,328,364 |
| 3 |
$6,388,690 |
$2,324,146
$571,788 |
$3,492,756 |
| 4 |
$6,708,240 |
$2,442,379
$600,387 |
$3,665,474 |
| 5 |
$7,043,575 |
$2,566,453
$630,400 |
$3,846,722 |
| 6 |
$7,395,850 |
$2,696,795
$661,929 |
$4,037,126 |
| 7 |
$7,765,450 |
$2,833,547
$695,008 |
$4,236,895 |
| 8 |
$8,153,915 |
$2,977,279
$729,775 |
$4,446,861 |
| 9 |
$8,561,630 |
$3,128,133
$766,266 |
$4,667,231 |
| 10 |
$8,989,750 |
$3,286,538
$804,583 |
$4,898,629 |
| 11 |
$9,439,045 |
$3,452,777
$844,795 |
$5,141,473 |
| 12 |
$9,911,055 |
$3,627,421
$887,039 |
$5,396,595 |
| 13 |
$10,406,550 |
$3,810,754
$931,386 |
$5,664,410 |
| 14 |
$10,927,070 |
$4,003,346
$977,973 |
$5,945,751 |
| 15 |
$11,473,385 |
$4,205,483
$1,026,868 |
$6,241,034 |
| 16 |
$12,047,035 |
$4,417,733
$1,078,210 |
$6,551,092 |
| 17 |
$12,649,175 |
$4,640,525
$1,132,101 |
$6,876,549 |
| 18 |
$13,281,730 |
$4,874,570
$1,188,715 |
$7,218,445 |
| 19 |
$13,945,855 |
$5,120,297
$1,248,154 |
$7,577,404 |
| 20 |
$14,643,090 |
$5,378,274
$1,310,557 |
$7,954,259 |
| 21 |
$15,375,360 |
$5,649,214
$1,376,095 |
$8,350,051 |
| 22 |
$16,144,205 |
$5,933,686
$1,444,906 |
$8,765,613 |
| 23 |
$16,951,165 |
$6,232,261
$1,517,129 |
$9,201,775 |
| 24 |
$17,798,935 |
$6,545,936
$1,593,005 |
$9,659,994 |
| 25 |
$18,688,670 |
$6,875,138
$1,672,636 |
$10,140,896 |
| 26 |
$19,623,450 |
$7,221,007
$1,756,299 |
$10,646,144 |
| 27 |
$20,604,430 |
$7,583,969
$1,844,096 |
$11,176,365 |
| 28 |
$21,634,690 |
$7,965,166
$1,936,305 |
$11,733,219 |
| 29 |
$22,716,540 |
$8,365,450
$2,033,130 |
$12,317,960 |
| 30 |
$23,852,290 |
$8,785,678
$2,134,780 |
$12,931,832 |
|
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