The jackpot for the MEGA Millions draw on Tue Mar 10, 2026, is projected to be $533 Million, with an option for a cash payout of $244.2 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky MEGA Millions Jackpot/Cash Option for Tue Mar 10, 2026 |
|---|
| Draw Date | Tue Mar 10, 2026 | | Projected Jackpot | $533,000,000 | | Cash Value | $244,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $244,200,000 | | Federal Tax(24%) | $58,608,000 | | Additional Federal Tax | $31,706,330 | | State Tax(4.5%) | $10,989,000 | | Net Lumpsum Payment | $142,896,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,022,183 |
$2,928,538
$360,998 |
$4,732,647 |
| 2 |
$8,423,532 |
$3,077,037
$379,059 |
$4,967,436 |
| 3 |
$8,844,602 |
$3,232,833
$398,007 |
$5,213,762 |
| 4 |
$9,286,992 |
$3,396,517
$417,915 |
$5,472,560 |
| 5 |
$9,751,235 |
$3,568,287
$438,806 |
$5,744,142 |
| 6 |
$10,238,930 |
$3,748,734
$460,752 |
$6,029,444 |
| 7 |
$10,750,610 |
$3,938,056
$483,777 |
$6,328,777 |
| 8 |
$11,288,407 |
$4,137,041
$507,978 |
$6,643,388 |
| 9 |
$11,852,854 |
$4,345,886
$533,378 |
$6,973,590 |
| 10 |
$12,445,550 |
$4,565,184
$560,050 |
$7,320,316 |
| 11 |
$13,067,561 |
$4,795,328
$588,040 |
$7,684,193 |
| 12 |
$13,721,019 |
$5,037,107
$617,446 |
$8,066,466 |
| 13 |
$14,406,990 |
$5,290,917
$648,315 |
$8,467,758 |
| 14 |
$15,127,606 |
$5,557,545
$680,742 |
$8,889,319 |
| 15 |
$15,883,933 |
$5,837,386
$714,777 |
$9,331,770 |
| 16 |
$16,678,103 |
$6,131,228
$750,515 |
$9,796,360 |
| 17 |
$17,511,715 |
$6,439,665
$788,027 |
$10,284,023 |
| 18 |
$18,387,434 |
$6,763,681
$827,435 |
$10,796,318 |
| 19 |
$19,306,859 |
$7,103,868
$868,809 |
$11,334,182 |
| 20 |
$20,272,122 |
$7,461,016
$912,245 |
$11,898,861 |
| 21 |
$21,285,888 |
$7,836,109
$957,865 |
$12,491,914 |
| 22 |
$22,350,289 |
$8,229,937
$1,005,763 |
$13,114,589 |
| 23 |
$23,467,457 |
$8,643,289
$1,056,036 |
$13,768,132 |
| 24 |
$24,641,123 |
$9,077,546
$1,108,851 |
$14,454,726 |
| 25 |
$25,872,886 |
$9,533,298
$1,164,280 |
$15,175,308 |
| 26 |
$27,167,010 |
$10,012,124
$1,222,515 |
$15,932,371 |
| 27 |
$28,525,094 |
$10,514,615
$1,283,629 |
$16,726,850 |
| 28 |
$29,951,402 |
$11,042,349
$1,347,813 |
$17,561,240 |
| 29 |
$31,449,132 |
$11,596,509
$1,415,211 |
$18,437,412 |
| 30 |
$33,021,482 |
$12,178,279
$1,485,967 |
$19,357,236 |
|
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