The jackpot for the MEGA Millions draw on Tue Jan 6, 2026, is projected to be $180 Million, with an option for a cash payout of $81.9 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 Jan 6, 2026 |
|---|
| Draw Date | Tue Jan 6, 2026 | | Projected Jackpot | $180,000,000 | | Cash Value | $81,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $81,900,000 | | Federal Tax(24%) | $19,656,000 | | Additional Federal Tax | $10,607,330 | | State Tax(6.99%) | $5,724,810 | | Net Lumpsum Payment | $45,911,860 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,709,180 |
$962,727
$189,372 |
$1,557,081 |
| 2 |
$2,844,720 |
$1,012,877
$198,846 |
$1,632,997 |
| 3 |
$2,986,920 |
$1,065,491
$208,786 |
$1,712,643 |
| 4 |
$3,136,320 |
$1,120,769
$219,229 |
$1,796,322 |
| 5 |
$3,293,100 |
$1,178,777
$230,188 |
$1,884,135 |
| 6 |
$3,457,800 |
$1,239,716
$241,700 |
$1,976,384 |
| 7 |
$3,630,600 |
$1,303,652
$253,779 |
$2,073,169 |
| 8 |
$3,812,220 |
$1,370,852
$266,474 |
$2,174,894 |
| 9 |
$4,002,840 |
$1,441,381
$279,799 |
$2,281,660 |
| 10 |
$4,203,000 |
$1,515,440
$293,790 |
$2,393,770 |
| 11 |
$4,413,060 |
$1,593,163
$308,473 |
$2,511,424 |
| 12 |
$4,633,740 |
$1,674,814
$323,898 |
$2,635,028 |
| 13 |
$4,865,400 |
$1,760,528
$340,091 |
$2,764,781 |
| 14 |
$5,108,760 |
$1,850,572
$357,102 |
$2,901,086 |
| 15 |
$5,364,180 |
$1,945,077
$374,956 |
$3,044,147 |
| 16 |
$5,632,380 |
$2,044,311
$393,703 |
$3,194,366 |
| 17 |
$5,913,900 |
$2,148,473
$413,382 |
$3,352,045 |
| 18 |
$6,209,640 |
$2,257,897
$434,054 |
$3,517,689 |
| 19 |
$6,520,140 |
$2,372,782
$455,758 |
$3,691,600 |
| 20 |
$6,846,120 |
$2,493,395
$478,544 |
$3,874,181 |
| 21 |
$7,188,480 |
$2,620,068
$502,475 |
$4,065,937 |
| 22 |
$7,547,940 |
$2,753,068
$527,601 |
$4,267,271 |
| 23 |
$7,925,220 |
$2,892,662
$553,973 |
$4,478,585 |
| 24 |
$8,321,580 |
$3,039,315
$581,678 |
$4,700,587 |
| 25 |
$8,737,560 |
$3,193,228
$610,755 |
$4,933,577 |
| 26 |
$9,174,600 |
$3,354,932
$641,305 |
$5,178,363 |
| 27 |
$9,633,240 |
$3,524,629
$673,363 |
$5,435,248 |
| 28 |
$10,114,920 |
$3,702,851
$707,033 |
$5,705,036 |
| 29 |
$10,620,720 |
$3,889,997
$742,388 |
$5,988,335 |
| 30 |
$11,151,720 |
$4,086,467
$779,505 |
$6,285,748 |
|
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