The jackpot for the MEGA Millions draw on Fri Mar 6, 2026, is projected to be $496 Million, with an option for a cash payout of $232.6 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 Mar 6, 2026 |
|---|
| Draw Date | Fri Mar 6, 2026 | | Projected Jackpot | $496,000,000 | | Cash Value | $232,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $232,600,000 | | Federal Tax(24%) | $55,824,000 | | Additional Federal Tax | $30,198,330 | | State Tax(10.75%) | $25,004,500 | | Net Lumpsum Payment | $121,573,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,465,296 |
$2,722,490
$802,519 |
$3,940,287 |
| 2 |
$7,838,784 |
$2,860,680
$842,669 |
$4,135,435 |
| 3 |
$8,230,624 |
$3,005,661
$884,792 |
$4,340,171 |
| 4 |
$8,642,304 |
$3,157,983
$929,048 |
$4,555,273 |
| 5 |
$9,074,320 |
$3,317,829
$975,489 |
$4,781,002 |
| 6 |
$9,528,160 |
$3,485,750
$1,024,277 |
$5,018,133 |
| 7 |
$10,004,320 |
$3,661,929
$1,075,464 |
$5,266,927 |
| 8 |
$10,504,784 |
$3,847,100
$1,129,264 |
$5,528,420 |
| 9 |
$11,030,048 |
$4,041,448
$1,185,730 |
$5,802,870 |
| 10 |
$11,581,600 |
$4,245,522
$1,245,022 |
$6,091,056 |
| 11 |
$12,160,432 |
$4,459,690
$1,307,246 |
$6,393,496 |
| 12 |
$12,768,528 |
$4,684,686
$1,372,617 |
$6,711,225 |
| 13 |
$13,406,880 |
$4,920,876
$1,441,240 |
$7,044,764 |
| 14 |
$14,077,472 |
$5,168,995
$1,513,328 |
$7,395,149 |
| 15 |
$14,781,296 |
$5,429,410
$1,588,989 |
$7,762,897 |
| 16 |
$15,520,336 |
$5,702,855
$1,668,436 |
$8,149,045 |
| 17 |
$16,296,080 |
$5,989,880
$1,751,829 |
$8,554,371 |
| 18 |
$17,111,008 |
$6,291,403
$1,839,433 |
$8,980,172 |
| 19 |
$17,966,608 |
$6,607,975
$1,931,410 |
$9,427,223 |
| 20 |
$18,864,864 |
$6,940,330
$2,027,973 |
$9,896,561 |
| 21 |
$19,808,256 |
$7,289,385
$2,129,388 |
$10,389,483 |
| 22 |
$20,798,768 |
$7,655,875
$2,235,868 |
$10,907,025 |
| 23 |
$21,838,384 |
$8,040,532
$2,347,626 |
$11,450,226 |
| 24 |
$22,930,576 |
$8,444,644
$2,465,037 |
$12,020,895 |
| 25 |
$24,076,832 |
$8,868,758
$2,588,259 |
$12,619,815 |
| 26 |
$25,281,120 |
$9,314,345
$2,717,720 |
$13,249,055 |
| 27 |
$26,544,928 |
$9,781,954
$2,853,580 |
$13,909,394 |
| 28 |
$27,872,224 |
$10,273,053
$2,996,264 |
$14,602,907 |
| 29 |
$29,265,984 |
$10,788,744
$3,146,093 |
$15,331,147 |
| 30 |
$30,729,184 |
$11,330,128
$3,303,387 |
$16,095,669 |
|
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