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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin 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(7.65%) | $16,317,450 | | Net Lumpsum Payment | $118,101,220 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,600,755 |
$2,772,610
$581,458 |
$4,246,687 |
| 2 |
$7,981,020 |
$2,913,308
$610,548 |
$4,457,164 |
| 3 |
$8,379,970 |
$3,060,919
$641,068 |
$4,677,983 |
| 4 |
$8,799,120 |
$3,216,005
$673,133 |
$4,909,982 |
| 5 |
$9,238,975 |
$3,378,751
$706,782 |
$5,153,442 |
| 6 |
$9,701,050 |
$3,549,719
$742,130 |
$5,409,201 |
| 7 |
$10,185,850 |
$3,729,095
$779,218 |
$5,677,537 |
| 8 |
$10,695,395 |
$3,917,627
$818,198 |
$5,959,570 |
| 9 |
$11,230,190 |
$4,115,501
$859,110 |
$6,255,579 |
| 10 |
$11,791,750 |
$4,323,278
$902,069 |
$6,566,403 |
| 11 |
$12,381,085 |
$4,541,332
$947,153 |
$6,892,600 |
| 12 |
$13,000,215 |
$4,770,410
$994,516 |
$7,235,289 |
| 13 |
$13,650,150 |
$5,010,886
$1,044,236 |
$7,595,028 |
| 14 |
$14,332,910 |
$5,263,507
$1,096,468 |
$7,972,935 |
| 15 |
$15,049,505 |
$5,528,647
$1,151,287 |
$8,369,571 |
| 16 |
$15,801,955 |
$5,807,054
$1,208,850 |
$8,786,051 |
| 17 |
$16,591,775 |
$6,099,287
$1,269,271 |
$9,223,217 |
| 18 |
$17,421,490 |
$6,406,282
$1,332,744 |
$9,682,464 |
| 19 |
$18,292,615 |
$6,728,598
$1,399,385 |
$10,164,632 |
| 20 |
$19,207,170 |
$7,066,983
$1,469,349 |
$10,670,838 |
| 21 |
$20,167,680 |
$7,422,372
$1,542,828 |
$11,202,480 |
| 22 |
$21,176,165 |
$7,795,511
$1,619,977 |
$11,760,677 |
| 23 |
$22,234,645 |
$8,187,149
$1,700,950 |
$12,346,546 |
| 24 |
$23,346,655 |
$8,598,593
$1,786,019 |
$12,962,043 |
| 25 |
$24,513,710 |
$9,030,403
$1,875,299 |
$13,608,008 |
| 26 |
$25,739,850 |
$9,484,075
$1,969,099 |
$14,286,676 |
| 27 |
$27,026,590 |
$9,960,169
$2,067,534 |
$14,998,887 |
| 28 |
$28,377,970 |
$10,460,179
$2,170,915 |
$15,746,876 |
| 29 |
$29,797,020 |
$10,985,228
$2,279,472 |
$16,532,320 |
| 30 |
$31,286,770 |
$11,536,435
$2,393,438 |
$17,356,897 |
|
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