The jackpot for the MEGA Millions draw on Tue Jan 13, 2026, is projected to be $215 Million, with an option for a cash payout of $98.3 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 Tue Jan 13, 2026 |
|---|
| Draw Date | Tue Jan 13, 2026 | | Projected Jackpot | $215,000,000 | | Cash Value | $98,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $98,300,000 | | Federal Tax(24%) | $23,592,000 | | Additional Federal Tax | $12,739,330 | | State Tax(6.9%) | $6,782,700 | | Net Lumpsum Payment | $55,185,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,235,965 |
$1,157,637
$223,282 |
$1,855,046 |
| 2 |
$3,397,860 |
$1,217,539
$234,452 |
$1,945,869 |
| 3 |
$3,567,710 |
$1,280,383
$246,172 |
$2,041,155 |
| 4 |
$3,746,160 |
$1,346,410
$258,485 |
$2,141,265 |
| 5 |
$3,933,425 |
$1,415,698
$271,406 |
$2,246,321 |
| 6 |
$4,130,150 |
$1,488,486
$284,980 |
$2,356,684 |
| 7 |
$4,336,550 |
$1,564,854
$299,222 |
$2,472,474 |
| 8 |
$4,553,485 |
$1,645,120
$314,190 |
$2,594,175 |
| 9 |
$4,781,170 |
$1,729,363
$329,901 |
$2,721,906 |
| 10 |
$5,020,250 |
$1,817,823
$346,397 |
$2,856,030 |
| 11 |
$5,271,155 |
$1,910,658
$363,710 |
$2,996,787 |
| 12 |
$5,534,745 |
$2,008,186
$381,897 |
$3,144,662 |
| 13 |
$5,811,450 |
$2,110,567
$400,990 |
$3,299,893 |
| 14 |
$6,102,130 |
$2,218,118
$421,047 |
$3,462,965 |
| 15 |
$6,407,215 |
$2,331,000
$442,098 |
$3,634,117 |
| 16 |
$6,727,565 |
$2,449,529
$464,202 |
$3,813,834 |
| 17 |
$7,063,825 |
$2,573,946
$487,404 |
$4,002,475 |
| 18 |
$7,417,070 |
$2,704,646
$511,778 |
$4,200,646 |
| 19 |
$7,787,945 |
$2,841,870
$537,368 |
$4,408,707 |
| 20 |
$8,177,310 |
$2,985,935
$564,234 |
$4,627,141 |
| 21 |
$8,586,240 |
$3,137,239
$592,451 |
$4,856,550 |
| 22 |
$9,015,595 |
$3,296,101
$622,076 |
$5,097,418 |
| 23 |
$9,466,235 |
$3,462,837
$653,170 |
$5,350,228 |
| 24 |
$9,939,665 |
$3,638,006
$685,837 |
$5,615,822 |
| 25 |
$10,436,530 |
$3,821,846
$720,121 |
$5,894,563 |
| 26 |
$10,958,550 |
$4,014,994
$756,140 |
$6,187,416 |
| 27 |
$11,506,370 |
$4,217,687
$793,940 |
$6,494,743 |
| 28 |
$12,081,710 |
$4,430,563
$833,638 |
$6,817,509 |
| 29 |
$12,685,860 |
$4,654,099
$875,324 |
$7,156,437 |
| 30 |
$13,320,110 |
$4,888,771
$919,088 |
$7,512,251 |
|
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