The jackpot for the MEGA Millions draw on Fri Jan 9, 2026, is projected to be $199 Million, with an option for a cash payout of $90.5 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC MEGA Millions Jackpot/Cash Option for Fri Jan 9, 2026 |
|---|
| Draw Date | Fri Jan 9, 2026 | | Projected Jackpot | $199,000,000 | | Cash Value | $90,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $90,500,000 | | Federal Tax(24%) | $21,720,000 | | Additional Federal Tax | $11,725,330 | | State Tax(10.75%) | $9,728,750 | | Net Lumpsum Payment | $47,325,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,995,149 |
$1,068,536 $321,979 |
$1,604,634 |
| 2 |
$3,144,996 |
$1,123,979 $338,087 |
$1,682,930 |
| 3 |
$3,302,206 |
$1,182,147 $354,987 |
$1,765,072 |
| 4 |
$3,467,376 |
$1,243,260 $372,743 |
$1,851,373 |
| 5 |
$3,640,705 |
$1,307,391 $391,376 |
$1,941,938 |
| 6 |
$3,822,790 |
$1,374,763 $410,950 |
$2,037,077 |
| 7 |
$4,013,830 |
$1,445,447 $431,487 |
$2,136,896 |
| 8 |
$4,214,621 |
$1,519,740 $453,072 |
$2,241,809 |
| 9 |
$4,425,362 |
$1,597,714 $475,726 |
$2,351,922 |
| 10 |
$4,646,650 |
$1,679,591 $499,515 |
$2,467,544 |
| 11 |
$4,878,883 |
$1,765,517 $524,480 |
$2,588,886 |
| 12 |
$5,122,857 |
$1,855,787 $550,707 |
$2,716,363 |
| 13 |
$5,378,970 |
$1,950,549 $578,239 |
$2,850,182 |
| 14 |
$5,648,018 |
$2,050,097 $607,162 |
$2,990,759 |
| 15 |
$5,930,399 |
$2,154,578 $637,518 |
$3,138,303 |
| 16 |
$6,226,909 |
$2,264,287 $669,393 |
$3,293,229 |
| 17 |
$6,538,145 |
$2,379,444 $702,851 |
$3,455,850 |
| 18 |
$6,865,102 |
$2,500,418 $737,998 |
$3,626,686 |
| 19 |
$7,208,377 |
$2,627,430 $774,901 |
$3,806,046 |
| 20 |
$7,568,766 |
$2,760,774 $813,642 |
$3,994,350 |
| 21 |
$7,947,264 |
$2,900,818 $854,331 |
$4,192,115 |
| 22 |
$8,344,667 |
$3,047,857 $897,052 |
$4,399,758 |
| 23 |
$8,761,771 |
$3,202,186 $941,890 |
$4,617,695 |
| 24 |
$9,199,969 |
$3,364,319 $988,997 |
$4,846,653 |
| 25 |
$9,659,858 |
$3,534,478 $1,038,435 |
$5,086,945 |
| 26 |
$10,143,030 |
$3,713,251 $1,090,376 |
$5,339,403 |
| 27 |
$10,650,082 |
$3,900,861 $1,144,884 |
$5,604,337 |
| 28 |
$11,182,606 |
$4,097,895 $1,202,130 |
$5,882,581 |
| 29 |
$11,741,796 |
$4,304,795 $1,262,243 |
$6,174,758 |
| 30 |
$12,328,846 |
$4,522,003 $1,325,351 |
$6,481,492 |
|
|