The jackpot for the MEGA Millions draw on Tue Mar 10, 2026, is projected to be $533 Million, with an option for a cash payout of $244.2 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 Connecticut residents, the state will deduct 6.99% from your lottery earnings.
| Connecticut MEGA Millions Jackpot/Cash Option for Tue Mar 10, 2026 |
|---|
| Draw Date | Tue Mar 10, 2026 | | Projected Jackpot | $533,000,000 | | Cash Value | $244,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $244,200,000 | | Federal Tax(24%) | $58,608,000 | | Additional Federal Tax | $31,706,330 | | State Tax(6.99%) | $17,069,580 | | Net Lumpsum Payment | $136,816,090 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,022,183 |
$2,928,538
$560,751 |
$4,532,894 |
| 2 |
$8,423,532 |
$3,077,037
$588,805 |
$4,757,690 |
| 3 |
$8,844,602 |
$3,232,833
$618,238 |
$4,993,531 |
| 4 |
$9,286,992 |
$3,396,517
$649,161 |
$5,241,314 |
| 5 |
$9,751,235 |
$3,568,287
$681,611 |
$5,501,337 |
| 6 |
$10,238,930 |
$3,748,734
$715,701 |
$5,774,495 |
| 7 |
$10,750,610 |
$3,938,056
$751,468 |
$6,061,086 |
| 8 |
$11,288,407 |
$4,137,041
$789,060 |
$6,362,306 |
| 9 |
$11,852,854 |
$4,345,886
$828,514 |
$6,678,454 |
| 10 |
$12,445,550 |
$4,565,184
$869,944 |
$7,010,422 |
| 11 |
$13,067,561 |
$4,795,328
$913,423 |
$7,358,810 |
| 12 |
$13,721,019 |
$5,037,107
$959,099 |
$7,724,813 |
| 13 |
$14,406,990 |
$5,290,917
$1,007,049 |
$8,109,024 |
| 14 |
$15,127,606 |
$5,557,545
$1,057,420 |
$8,512,641 |
| 15 |
$15,883,933 |
$5,837,386
$1,110,287 |
$8,936,260 |
| 16 |
$16,678,103 |
$6,131,228
$1,165,799 |
$9,381,076 |
| 17 |
$17,511,715 |
$6,439,665
$1,224,069 |
$9,847,981 |
| 18 |
$18,387,434 |
$6,763,681
$1,285,282 |
$10,338,471 |
| 19 |
$19,306,859 |
$7,103,868
$1,349,549 |
$10,853,442 |
| 20 |
$20,272,122 |
$7,461,016
$1,417,021 |
$11,394,085 |
| 21 |
$21,285,888 |
$7,836,109
$1,487,884 |
$11,961,895 |
| 22 |
$22,350,289 |
$8,229,937
$1,562,285 |
$12,558,067 |
| 23 |
$23,467,457 |
$8,643,289
$1,640,375 |
$13,183,793 |
| 24 |
$24,641,123 |
$9,077,546
$1,722,414 |
$13,841,163 |
| 25 |
$25,872,886 |
$9,533,298
$1,808,515 |
$14,531,073 |
| 26 |
$27,167,010 |
$10,012,124
$1,898,974 |
$15,255,912 |
| 27 |
$28,525,094 |
$10,514,615
$1,993,904 |
$16,016,575 |
| 28 |
$29,951,402 |
$11,042,349
$2,093,603 |
$16,815,450 |
| 29 |
$31,449,132 |
$11,596,509
$2,198,294 |
$17,654,329 |
| 30 |
$33,021,482 |
$12,178,279
$2,308,202 |
$18,535,001 |
|
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