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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina 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(6.9%) | $5,264,700 | | Net Lumpsum Payment | $42,843,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,664,027 |
$946,020
$183,818 |
$1,534,189 |
| 2 |
$2,797,308 |
$995,334
$193,014 |
$1,608,960 |
| 3 |
$2,937,138 |
$1,047,071
$202,663 |
$1,687,404 |
| 4 |
$3,084,048 |
$1,101,428
$212,799 |
$1,769,821 |
| 5 |
$3,238,215 |
$1,158,470
$223,437 |
$1,856,308 |
| 6 |
$3,400,170 |
$1,218,393
$234,612 |
$1,947,165 |
| 7 |
$3,570,090 |
$1,281,264
$246,336 |
$2,042,490 |
| 8 |
$3,748,683 |
$1,347,343
$258,659 |
$2,142,681 |
| 9 |
$3,936,126 |
$1,416,697
$271,593 |
$2,247,836 |
| 10 |
$4,132,950 |
$1,489,522
$285,174 |
$2,358,254 |
| 11 |
$4,339,509 |
$1,565,949
$299,426 |
$2,474,134 |
| 12 |
$4,556,511 |
$1,646,239
$314,399 |
$2,595,873 |
| 13 |
$4,784,310 |
$1,730,525
$330,117 |
$2,723,668 |
| 14 |
$5,023,614 |
$1,819,068
$346,629 |
$2,857,917 |
| 15 |
$5,274,777 |
$1,911,998
$363,960 |
$2,998,819 |
| 16 |
$5,538,507 |
$2,009,578
$382,157 |
$3,146,772 |
| 17 |
$5,815,335 |
$2,112,004
$401,258 |
$3,302,073 |
| 18 |
$6,106,146 |
$2,219,604
$421,324 |
$3,465,218 |
| 19 |
$6,411,471 |
$2,332,575
$442,391 |
$3,636,505 |
| 20 |
$6,732,018 |
$2,451,177
$464,509 |
$3,816,332 |
| 21 |
$7,068,672 |
$2,575,739
$487,738 |
$4,005,195 |
| 22 |
$7,422,141 |
$2,706,523
$512,128 |
$4,203,490 |
| 23 |
$7,793,133 |
$2,843,790
$537,726 |
$4,411,617 |
| 24 |
$8,182,887 |
$2,987,999
$564,619 |
$4,630,269 |
| 25 |
$8,591,934 |
$3,139,346
$592,843 |
$4,859,745 |
| 26 |
$9,021,690 |
$3,298,356
$622,497 |
$5,100,837 |
| 27 |
$9,472,686 |
$3,465,224
$653,615 |
$5,353,847 |
| 28 |
$9,946,338 |
$3,640,475
$686,297 |
$5,619,566 |
| 29 |
$10,443,708 |
$3,824,502
$720,616 |
$5,898,590 |
| 30 |
$10,965,858 |
$4,017,698
$756,644 |
$6,191,516 |
|
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