The jackpot for the MEGA Millions draw on Tue Jun 9, 2026, is projected to be $392 Million, with an option for a cash payout of $173.3 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho MEGA Millions Jackpot/Cash Option for Tue Jun 9, 2026 |
|---|
| Draw Date | Tue Jun 9, 2026 | | Projected Jackpot | $392,000,000 | | Cash Value | $173,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $173,300,000 | | Federal Tax(24%) | $41,592,000 | | Additional Federal Tax | $22,489,330 | | State Tax(5.8%) | $10,051,400 | | Net Lumpsum Payment | $99,167,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,899,992 |
$2,143,327
$342,200 |
$3,414,465 |
| 2 |
$6,195,168 |
$2,252,543
$359,320 |
$3,583,305 |
| 3 |
$6,504,848 |
$2,367,124
$377,281 |
$3,760,443 |
| 4 |
$6,830,208 |
$2,487,507
$396,152 |
$3,946,549 |
| 5 |
$7,171,640 |
$2,613,837
$415,955 |
$4,141,848 |
| 6 |
$7,530,320 |
$2,746,549
$436,759 |
$4,347,012 |
| 7 |
$7,906,640 |
$2,885,787
$458,585 |
$4,562,268 |
| 8 |
$8,302,168 |
$3,032,133
$481,526 |
$4,788,509 |
| 9 |
$8,717,296 |
$3,185,730
$505,603 |
$5,025,963 |
| 10 |
$9,153,200 |
$3,347,014
$530,886 |
$5,275,300 |
| 11 |
$9,610,664 |
$3,516,276
$557,419 |
$5,536,969 |
| 12 |
$10,091,256 |
$3,694,095
$585,293 |
$5,811,868 |
| 13 |
$10,595,760 |
$3,880,762
$614,554 |
$6,100,444 |
| 14 |
$11,125,744 |
$4,076,856
$645,293 |
$6,403,595 |
| 15 |
$11,681,992 |
$4,282,667
$677,556 |
$6,721,769 |
| 16 |
$12,266,072 |
$4,498,777
$711,432 |
$7,055,863 |
| 17 |
$12,879,160 |
$4,725,620
$746,991 |
$7,406,549 |
| 18 |
$13,523,216 |
$4,963,920
$784,347 |
$7,774,949 |
| 19 |
$14,199,416 |
$5,214,114
$823,566 |
$8,161,736 |
| 20 |
$14,909,328 |
$5,476,782
$864,741 |
$8,567,805 |
| 21 |
$15,654,912 |
$5,752,648
$907,985 |
$8,994,279 |
| 22 |
$16,437,736 |
$6,042,293
$953,389 |
$9,442,054 |
| 23 |
$17,259,368 |
$6,346,297
$1,001,043 |
$9,912,028 |
| 24 |
$18,122,552 |
$6,665,675
$1,051,108 |
$10,405,769 |
| 25 |
$19,028,464 |
$7,000,862
$1,103,651 |
$10,923,951 |
| 26 |
$19,980,240 |
$7,353,019
$1,158,854 |
$11,468,367 |
| 27 |
$20,979,056 |
$7,722,581
$1,216,785 |
$12,039,690 |
| 28 |
$22,028,048 |
$8,110,708
$1,277,627 |
$12,639,713 |
| 29 |
$23,129,568 |
$8,518,271
$1,341,515 |
$13,269,782 |
| 30 |
$24,285,968 |
$8,946,139
$1,408,586 |
$13,931,243 |
|
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