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 Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland 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(8.95%) | $19,090,350 | | Net Lumpsum Payment | $115,328,320 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,600,755 |
$2,772,610
$680,268 |
$4,147,877 |
| 2 |
$7,981,020 |
$2,913,308
$714,301 |
$4,353,411 |
| 3 |
$8,379,970 |
$3,060,919
$750,007 |
$4,569,044 |
| 4 |
$8,799,120 |
$3,216,005
$787,521 |
$4,795,594 |
| 5 |
$9,238,975 |
$3,378,751
$826,888 |
$5,033,336 |
| 6 |
$9,701,050 |
$3,549,719
$868,244 |
$5,283,087 |
| 7 |
$10,185,850 |
$3,729,095
$911,634 |
$5,545,121 |
| 8 |
$10,695,395 |
$3,917,627
$957,238 |
$5,820,530 |
| 9 |
$11,230,190 |
$4,115,501
$1,005,102 |
$6,109,587 |
| 10 |
$11,791,750 |
$4,323,278
$1,055,362 |
$6,413,110 |
| 11 |
$12,381,085 |
$4,541,332
$1,108,107 |
$6,731,646 |
| 12 |
$13,000,215 |
$4,770,410
$1,163,519 |
$7,066,286 |
| 13 |
$13,650,150 |
$5,010,886
$1,221,688 |
$7,417,576 |
| 14 |
$14,332,910 |
$5,263,507
$1,282,795 |
$7,786,608 |
| 15 |
$15,049,505 |
$5,528,647
$1,346,931 |
$8,173,927 |
| 16 |
$15,801,955 |
$5,807,054
$1,414,275 |
$8,580,626 |
| 17 |
$16,591,775 |
$6,099,287
$1,484,964 |
$9,007,524 |
| 18 |
$17,421,490 |
$6,406,282
$1,559,223 |
$9,455,985 |
| 19 |
$18,292,615 |
$6,728,598
$1,637,189 |
$9,926,828 |
| 20 |
$19,207,170 |
$7,066,983
$1,719,042 |
$10,421,145 |
| 21 |
$20,167,680 |
$7,422,372
$1,805,007 |
$10,940,301 |
| 22 |
$21,176,165 |
$7,795,511
$1,895,267 |
$11,485,387 |
| 23 |
$22,234,645 |
$8,187,149
$1,990,001 |
$12,057,495 |
| 24 |
$23,346,655 |
$8,598,593
$2,089,526 |
$12,658,536 |
| 25 |
$24,513,710 |
$9,030,403
$2,193,977 |
$13,289,330 |
| 26 |
$25,739,850 |
$9,484,075
$2,303,717 |
$13,952,058 |
| 27 |
$27,026,590 |
$9,960,169
$2,418,880 |
$14,647,541 |
| 28 |
$28,377,970 |
$10,460,179
$2,539,828 |
$15,377,963 |
| 29 |
$29,797,020 |
$10,985,228
$2,666,833 |
$16,144,959 |
| 30 |
$31,286,770 |
$11,536,435
$2,800,166 |
$16,950,169 |
|
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