The jackpot for the MEGA Millions draw on Tue Sep 15, 2026, is projected to be $227 Million, with an option for a cash payout of $96.3 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 Tue Sep 15, 2026 |
|---|
| Draw Date | Tue Sep 15, 2026 | | Projected Jackpot | $227,000,000 | | Cash Value | $96,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $96,300,000 | | Federal Tax(24%) | $23,112,000 | | Additional Federal Tax | $12,479,330 | | State Tax(7.65%) | $7,366,950 | | Net Lumpsum Payment | $53,341,720 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,416,577 |
$1,224,464
$261,368 |
$1,930,745 |
| 2 |
$3,587,508 |
$1,287,708
$274,444 |
$2,025,356 |
| 3 |
$3,766,838 |
$1,354,060
$288,163 |
$2,124,615 |
| 4 |
$3,955,248 |
$1,423,772
$302,576 |
$2,228,900 |
| 5 |
$4,152,965 |
$1,496,927
$317,702 |
$2,338,336 |
| 6 |
$4,360,670 |
$1,573,778
$333,591 |
$2,453,301 |
| 7 |
$4,578,590 |
$1,654,409
$350,262 |
$2,573,919 |
| 8 |
$4,807,633 |
$1,739,155
$367,784 |
$2,700,694 |
| 9 |
$5,048,026 |
$1,828,100
$386,174 |
$2,833,752 |
| 10 |
$5,300,450 |
$1,921,497
$405,484 |
$2,973,469 |
| 11 |
$5,565,359 |
$2,019,513
$425,750 |
$3,120,096 |
| 12 |
$5,843,661 |
$2,122,485
$447,040 |
$3,274,136 |
| 13 |
$6,135,810 |
$2,230,580
$469,389 |
$3,435,841 |
| 14 |
$6,442,714 |
$2,344,135
$492,868 |
$3,605,711 |
| 15 |
$6,764,827 |
$2,463,316
$517,509 |
$3,784,002 |
| 16 |
$7,103,057 |
$2,588,461
$543,384 |
$3,971,212 |
| 17 |
$7,458,085 |
$2,719,822
$570,544 |
$4,167,719 |
| 18 |
$7,831,046 |
$2,857,817
$599,075 |
$4,374,154 |
| 19 |
$8,222,621 |
$3,002,700
$629,031 |
$4,590,890 |
| 20 |
$8,633,718 |
$3,154,806
$660,479 |
$4,818,433 |
| 21 |
$9,065,472 |
$3,314,555
$693,509 |
$5,057,408 |
| 22 |
$9,518,791 |
$3,482,283
$728,188 |
$5,308,320 |
| 23 |
$9,994,583 |
$3,658,326
$764,586 |
$5,571,671 |
| 24 |
$10,494,437 |
$3,843,272
$802,824 |
$5,848,341 |
| 25 |
$11,019,034 |
$4,037,373
$842,956 |
$6,138,705 |
| 26 |
$11,570,190 |
$4,241,301
$885,120 |
$6,443,769 |
| 27 |
$12,148,586 |
$4,455,307
$929,367 |
$6,763,912 |
| 28 |
$12,756,038 |
$4,680,064
$975,837 |
$7,100,137 |
| 29 |
$13,393,908 |
$4,916,076
$1,024,634 |
$7,453,198 |
| 30 |
$14,063,558 |
$5,163,847
$1,075,862 |
$7,823,849 |
|
|
