The jackpot for the MEGA Millions draw on Fri Oct 2, 2026, is projected to be $321 Million, with an option for a cash payout of $131.1 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 Oct 2, 2026 |
|---|
| Draw Date | Fri Oct 2, 2026 | | Projected Jackpot | $321,000,000 | | Cash Value | $131,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $131,100,000 | | Federal Tax(24%) | $31,464,000 | | Additional Federal Tax | $17,003,330 | | State Tax(10.75%) | $14,093,250 | | Net Lumpsum Payment | $68,539,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,831,371 |
$1,747,938
$519,372 |
$2,564,061 |
| 2 |
$5,073,084 |
$1,837,371
$545,357 |
$2,690,356 |
| 3 |
$5,326,674 |
$1,931,200
$572,617 |
$2,822,857 |
| 4 |
$5,593,104 |
$2,029,779
$601,259 |
$2,962,066 |
| 5 |
$5,872,695 |
$2,133,228
$631,315 |
$3,108,152 |
| 6 |
$6,166,410 |
$2,241,902
$662,889 |
$3,261,619 |
| 7 |
$6,474,570 |
$2,355,921
$696,016 |
$3,422,633 |
| 8 |
$6,798,459 |
$2,475,760
$730,834 |
$3,591,865 |
| 9 |
$7,138,398 |
$2,601,538
$767,378 |
$3,769,482 |
| 10 |
$7,495,350 |
$2,733,610
$805,750 |
$3,955,990 |
| 11 |
$7,869,957 |
$2,872,214
$846,020 |
$4,151,723 |
| 12 |
$8,263,503 |
$3,017,826
$888,327 |
$4,357,350 |
| 13 |
$8,676,630 |
$3,170,683
$932,738 |
$4,573,209 |
| 14 |
$9,110,622 |
$3,331,261
$979,392 |
$4,799,969 |
| 15 |
$9,566,121 |
$3,499,795
$1,028,358 |
$5,037,968 |
| 16 |
$10,044,411 |
$3,676,762
$1,079,774 |
$5,287,875 |
| 17 |
$10,546,455 |
$3,862,519
$1,133,744 |
$5,550,192 |
| 18 |
$11,073,858 |
$4,057,658
$1,190,440 |
$5,825,760 |
| 19 |
$11,627,583 |
$4,262,536
$1,249,965 |
$6,115,082 |
| 20 |
$12,208,914 |
$4,477,629
$1,312,458 |
$6,418,827 |
| 21 |
$12,819,456 |
$4,703,529
$1,378,092 |
$6,737,835 |
| 22 |
$13,460,493 |
$4,940,713
$1,447,003 |
$7,072,777 |
| 23 |
$14,133,309 |
$5,189,655
$1,519,331 |
$7,424,323 |
| 24 |
$14,840,151 |
$5,451,186
$1,595,316 |
$7,793,649 |
| 25 |
$15,581,982 |
$5,725,664
$1,675,063 |
$8,181,255 |
| 26 |
$16,361,370 |
$6,014,037
$1,758,847 |
$8,588,486 |
| 27 |
$17,179,278 |
$6,316,663
$1,846,772 |
$9,015,843 |
| 28 |
$18,038,274 |
$6,634,492
$1,939,114 |
$9,464,668 |
| 29 |
$18,940,284 |
$6,968,235
$2,036,081 |
$9,935,968 |
| 30 |
$19,887,234 |
$7,318,607
$2,137,878 |
$10,430,749 |
|
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