The jackpot for the MEGA Millions draw on Tue May 26, 2026, is projected to be $311 Million, with an option for a cash payout of $136.4 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 Tue May 26, 2026 |
|---|
| Draw Date | Tue May 26, 2026 | | Projected Jackpot | $311,000,000 | | Cash Value | $136,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $136,400,000 | | Federal Tax(24%) | $32,736,000 | | Additional Federal Tax | $17,692,330 | | State Tax(10.75%) | $14,663,000 | | Net Lumpsum Payment | $71,308,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,680,861 |
$1,692,249
$503,193 |
$2,485,419 |
| 2 |
$4,915,044 |
$1,778,897
$528,367 |
$2,607,780 |
| 3 |
$5,160,734 |
$1,869,802
$554,779 |
$2,736,153 |
| 4 |
$5,418,864 |
$1,965,310
$582,528 |
$2,871,026 |
| 5 |
$5,689,745 |
$2,065,536
$611,648 |
$3,012,561 |
| 6 |
$5,974,310 |
$2,170,825
$642,238 |
$3,161,247 |
| 7 |
$6,272,870 |
$2,281,292
$674,334 |
$3,317,244 |
| 8 |
$6,586,669 |
$2,397,398
$708,067 |
$3,481,204 |
| 9 |
$6,916,018 |
$2,519,257
$743,472 |
$3,653,289 |
| 10 |
$7,261,850 |
$2,647,215
$780,649 |
$3,833,986 |
| 11 |
$7,624,787 |
$2,781,502
$819,665 |
$4,023,620 |
| 12 |
$8,006,073 |
$2,922,577
$860,653 |
$4,222,843 |
| 13 |
$8,406,330 |
$3,070,672
$903,680 |
$4,431,978 |
| 14 |
$8,826,802 |
$3,226,247
$948,881 |
$4,651,674 |
| 15 |
$9,268,111 |
$3,389,531
$996,322 |
$4,882,258 |
| 16 |
$9,731,501 |
$3,560,986
$1,046,136 |
$5,124,379 |
| 17 |
$10,217,905 |
$3,740,955
$1,098,425 |
$5,378,525 |
| 18 |
$10,728,878 |
$3,930,015
$1,153,354 |
$5,645,509 |
| 19 |
$11,265,353 |
$4,128,511
$1,211,025 |
$5,925,817 |
| 20 |
$11,828,574 |
$4,336,903
$1,271,572 |
$6,220,099 |
| 21 |
$12,420,096 |
$4,555,766
$1,335,160 |
$6,529,170 |
| 22 |
$13,041,163 |
$4,785,561
$1,401,925 |
$6,853,677 |
| 23 |
$13,693,019 |
$5,026,747
$1,472,000 |
$7,194,272 |
| 24 |
$14,377,841 |
$5,280,132
$1,545,618 |
$7,552,091 |
| 25 |
$15,096,562 |
$5,546,058
$1,622,880 |
$7,927,624 |
| 26 |
$15,851,670 |
$5,825,448
$1,704,055 |
$8,322,167 |
| 27 |
$16,644,098 |
$6,118,647
$1,789,241 |
$8,736,210 |
| 28 |
$17,476,334 |
$6,426,574
$1,878,706 |
$9,171,054 |
| 29 |
$18,350,244 |
$6,749,921
$1,972,651 |
$9,627,672 |
| 30 |
$19,267,694 |
$7,089,377
$2,071,277 |
$10,107,040 |
|
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