The jackpot for the MEGA Millions draw on Tue Jun 9, 2026, is projected to be $392 Million, with an option for a cash payout of $173.3 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 Colorado residents, the state will deduct 4% from your lottery earnings.
| Colorado MEGA Millions Jackpot/Cash Option for Tue Jun 9, 2026 |
|---|
| Draw Date | Tue Jun 9, 2026 | | Projected Jackpot | $392,000,000 | | Cash Value | $173,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $173,300,000 | | Federal Tax(24%) | $41,592,000 | | Additional Federal Tax | $22,489,330 | | State Tax(4%) | $6,932,000 | | Net Lumpsum Payment | $102,286,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,899,992 |
$2,143,327
$236,000 |
$3,520,665 |
| 2 |
$6,195,168 |
$2,252,543
$247,807 |
$3,694,818 |
| 3 |
$6,504,848 |
$2,367,124
$260,194 |
$3,877,530 |
| 4 |
$6,830,208 |
$2,487,507
$273,208 |
$4,069,493 |
| 5 |
$7,171,640 |
$2,613,837
$286,866 |
$4,270,937 |
| 6 |
$7,530,320 |
$2,746,549
$301,213 |
$4,482,558 |
| 7 |
$7,906,640 |
$2,885,787
$316,266 |
$4,704,587 |
| 8 |
$8,302,168 |
$3,032,133
$332,087 |
$4,937,948 |
| 9 |
$8,717,296 |
$3,185,730
$348,692 |
$5,182,874 |
| 10 |
$9,153,200 |
$3,347,014
$366,128 |
$5,440,058 |
| 11 |
$9,610,664 |
$3,516,276
$384,427 |
$5,709,961 |
| 12 |
$10,091,256 |
$3,694,095
$403,650 |
$5,993,511 |
| 13 |
$10,595,760 |
$3,880,762
$423,830 |
$6,291,168 |
| 14 |
$11,125,744 |
$4,076,856
$445,030 |
$6,603,858 |
| 15 |
$11,681,992 |
$4,282,667
$467,280 |
$6,932,045 |
| 16 |
$12,266,072 |
$4,498,777
$490,643 |
$7,276,652 |
| 17 |
$12,879,160 |
$4,725,620
$515,166 |
$7,638,374 |
| 18 |
$13,523,216 |
$4,963,920
$540,929 |
$8,018,367 |
| 19 |
$14,199,416 |
$5,214,114
$567,977 |
$8,417,325 |
| 20 |
$14,909,328 |
$5,476,782
$596,373 |
$8,836,173 |
| 21 |
$15,654,912 |
$5,752,648
$626,196 |
$9,276,068 |
| 22 |
$16,437,736 |
$6,042,293
$657,509 |
$9,737,934 |
| 23 |
$17,259,368 |
$6,346,297
$690,375 |
$10,222,696 |
| 24 |
$18,122,552 |
$6,665,675
$724,902 |
$10,731,975 |
| 25 |
$19,028,464 |
$7,000,862
$761,139 |
$11,266,463 |
| 26 |
$19,980,240 |
$7,353,019
$799,210 |
$11,828,011 |
| 27 |
$20,979,056 |
$7,722,581
$839,162 |
$12,417,313 |
| 28 |
$22,028,048 |
$8,110,708
$881,122 |
$13,036,218 |
| 29 |
$23,129,568 |
$8,518,271
$925,183 |
$13,686,114 |
| 30 |
$24,285,968 |
$8,946,139
$971,439 |
$14,368,390 |
|
|
