The jackpot for the MEGA Millions draw on Fri Sep 18, 2026, is projected to be $244 Million, with an option for a cash payout of $103.5 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 Georgia residents, the state will deduct 5.75% from your lottery earnings.
| Georgia MEGA Millions Jackpot/Cash Option for Fri Sep 18, 2026 |
|---|
| Draw Date | Fri Sep 18, 2026 | | Projected Jackpot | $244,000,000 | | Cash Value | $103,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $103,500,000 | | Federal Tax(24%) | $24,840,000 | | Additional Federal Tax | $13,415,330 | | State Tax(5.75%) | $5,951,250 | | Net Lumpsum Payment | $59,293,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,672,444 |
$1,319,135
$211,166 |
$2,142,143 |
| 2 |
$3,856,176 |
$1,387,116
$221,730 |
$2,247,330 |
| 3 |
$4,048,936 |
$1,458,437
$232,814 |
$2,357,685 |
| 4 |
$4,251,456 |
$1,533,369
$244,459 |
$2,473,628 |
| 5 |
$4,463,980 |
$1,612,003
$256,679 |
$2,595,298 |
| 6 |
$4,687,240 |
$1,694,609
$269,516 |
$2,723,115 |
| 7 |
$4,921,480 |
$1,781,278
$282,985 |
$2,857,217 |
| 8 |
$5,167,676 |
$1,872,371
$297,141 |
$2,998,164 |
| 9 |
$5,426,072 |
$1,967,977
$311,999 |
$3,146,096 |
| 10 |
$5,697,400 |
$2,068,368
$327,601 |
$3,301,431 |
| 11 |
$5,982,148 |
$2,173,725
$343,974 |
$3,464,449 |
| 12 |
$6,281,292 |
$2,284,408
$361,174 |
$3,635,710 |
| 13 |
$6,595,320 |
$2,400,599
$379,231 |
$3,815,490 |
| 14 |
$6,925,208 |
$2,522,657
$398,199 |
$4,004,352 |
| 15 |
$7,271,444 |
$2,650,765
$418,108 |
$4,202,571 |
| 16 |
$7,635,004 |
$2,785,282
$439,013 |
$4,410,709 |
| 17 |
$8,016,620 |
$2,926,480
$460,956 |
$4,629,184 |
| 18 |
$8,417,512 |
$3,074,810
$484,007 |
$4,858,695 |
| 19 |
$8,838,412 |
$3,230,543
$508,209 |
$5,099,660 |
| 20 |
$9,280,296 |
$3,394,040
$533,617 |
$5,352,639 |
| 21 |
$9,744,384 |
$3,565,752
$560,302 |
$5,618,330 |
| 22 |
$10,231,652 |
$3,746,042
$588,320 |
$5,897,290 |
| 23 |
$10,743,076 |
$3,935,269
$617,727 |
$6,190,080 |
| 24 |
$11,280,364 |
$4,134,065
$648,621 |
$6,497,678 |
| 25 |
$11,844,248 |
$4,342,702
$681,044 |
$6,820,502 |
| 26 |
$12,436,680 |
$4,561,902
$715,109 |
$7,159,669 |
| 27 |
$13,058,392 |
$4,791,935
$750,858 |
$7,515,599 |
| 28 |
$13,711,336 |
$5,033,525
$788,402 |
$7,889,409 |
| 29 |
$14,396,976 |
$5,287,212
$827,826 |
$8,281,938 |
| 30 |
$15,116,776 |
$5,553,538
$869,215 |
$8,694,023 |
|
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