The jackpot for the MEGA Millions draw on Tue Apr 7, 2026, is projected to be $100 Million, with an option for a cash payout of $45.3 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 Illinois residents, the state will deduct 4.95% from your lottery earnings.
| Illinois MEGA Millions Jackpot/Cash Option for Tue Apr 7, 2026 |
|---|
| Draw Date | Tue Apr 7, 2026 | | Projected Jackpot | $100,000,000 | | Cash Value | $45,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $45,300,000 | | Federal Tax(24%) | $10,872,000 | | Additional Federal Tax | $5,849,330 | | State Tax(4.95%) | $2,242,350 | | Net Lumpsum Payment | $26,336,320 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,505,100 |
$517,217
$74,502 |
$913,381 |
| 2 |
$1,580,400 |
$545,078
$78,230 |
$957,092 |
| 3 |
$1,659,400 |
$574,308
$82,140 |
$1,002,952 |
| 4 |
$1,742,400 |
$605,018
$86,249 |
$1,051,133 |
| 5 |
$1,829,500 |
$637,245
$90,560 |
$1,101,695 |
| 6 |
$1,921,000 |
$671,100
$95,090 |
$1,154,810 |
| 7 |
$2,017,000 |
$706,620
$99,842 |
$1,210,538 |
| 8 |
$2,117,900 |
$743,953
$104,836 |
$1,269,111 |
| 9 |
$2,223,800 |
$783,136
$110,078 |
$1,330,586 |
| 10 |
$2,335,000 |
$824,280
$115,583 |
$1,395,137 |
| 11 |
$2,451,700 |
$867,459
$121,359 |
$1,462,882 |
| 12 |
$2,574,300 |
$912,821
$127,428 |
$1,534,051 |
| 13 |
$2,703,000 |
$960,440
$133,799 |
$1,608,761 |
| 14 |
$2,838,200 |
$1,010,464
$140,491 |
$1,687,245 |
| 15 |
$2,980,100 |
$1,062,967
$147,515 |
$1,769,618 |
| 16 |
$3,129,100 |
$1,118,097
$154,890 |
$1,856,113 |
| 17 |
$3,285,500 |
$1,175,965
$162,632 |
$1,946,903 |
| 18 |
$3,449,800 |
$1,236,756
$170,765 |
$2,042,279 |
| 19 |
$3,622,300 |
$1,300,581
$179,304 |
$2,142,415 |
| 20 |
$3,803,400 |
$1,367,588
$188,268 |
$2,247,544 |
| 21 |
$3,993,600 |
$1,437,962
$197,683 |
$2,357,955 |
| 22 |
$4,193,300 |
$1,511,851
$207,568 |
$2,473,881 |
| 23 |
$4,402,900 |
$1,589,403
$217,944 |
$2,595,553 |
| 24 |
$4,623,100 |
$1,670,877
$228,843 |
$2,723,380 |
| 25 |
$4,854,200 |
$1,756,384
$240,283 |
$2,857,533 |
| 26 |
$5,097,000 |
$1,846,220
$252,302 |
$2,998,478 |
| 27 |
$5,351,800 |
$1,940,496
$264,914 |
$3,146,390 |
| 28 |
$5,619,400 |
$2,039,508
$278,160 |
$3,301,732 |
| 29 |
$5,900,400 |
$2,143,478
$292,070 |
$3,464,852 |
| 30 |
$6,195,400 |
$2,252,628
$306,672 |
$3,636,100 |
|
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