The jackpot for the MEGA Millions draw on Fri Mar 6, 2026, is projected to be $496 Million, with an option for a cash payout of $232.6 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 Fri Mar 6, 2026 |
|---|
| Draw Date | Fri Mar 6, 2026 | | Projected Jackpot | $496,000,000 | | Cash Value | $232,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $232,600,000 | | Federal Tax(24%) | $55,824,000 | | Additional Federal Tax | $30,198,330 | | State Tax(4.5%) | $10,467,000 | | Net Lumpsum Payment | $136,110,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,465,296 |
$2,722,490
$335,938 |
$4,406,868 |
| 2 |
$7,838,784 |
$2,860,680
$352,745 |
$4,625,359 |
| 3 |
$8,230,624 |
$3,005,661
$370,378 |
$4,854,585 |
| 4 |
$8,642,304 |
$3,157,983
$388,904 |
$5,095,417 |
| 5 |
$9,074,320 |
$3,317,829
$408,344 |
$5,348,147 |
| 6 |
$9,528,160 |
$3,485,750
$428,767 |
$5,613,643 |
| 7 |
$10,004,320 |
$3,661,929
$450,194 |
$5,892,197 |
| 8 |
$10,504,784 |
$3,847,100
$472,715 |
$6,184,969 |
| 9 |
$11,030,048 |
$4,041,448
$496,352 |
$6,492,248 |
| 10 |
$11,581,600 |
$4,245,522
$521,172 |
$6,814,906 |
| 11 |
$12,160,432 |
$4,459,690
$547,219 |
$7,153,523 |
| 12 |
$12,768,528 |
$4,684,686
$574,584 |
$7,509,258 |
| 13 |
$13,406,880 |
$4,920,876
$603,310 |
$7,882,694 |
| 14 |
$14,077,472 |
$5,168,995
$633,486 |
$8,274,991 |
| 15 |
$14,781,296 |
$5,429,410
$665,158 |
$8,686,728 |
| 16 |
$15,520,336 |
$5,702,855
$698,415 |
$9,119,066 |
| 17 |
$16,296,080 |
$5,989,880
$733,324 |
$9,572,876 |
| 18 |
$17,111,008 |
$6,291,403
$769,995 |
$10,049,610 |
| 19 |
$17,966,608 |
$6,607,975
$808,497 |
$10,550,136 |
| 20 |
$18,864,864 |
$6,940,330
$848,919 |
$11,075,615 |
| 21 |
$19,808,256 |
$7,289,385
$891,372 |
$11,627,499 |
| 22 |
$20,798,768 |
$7,655,875
$935,945 |
$12,206,948 |
| 23 |
$21,838,384 |
$8,040,532
$982,727 |
$12,815,125 |
| 24 |
$22,930,576 |
$8,444,644
$1,031,876 |
$13,454,056 |
| 25 |
$24,076,832 |
$8,868,758
$1,083,457 |
$14,124,617 |
| 26 |
$25,281,120 |
$9,314,345
$1,137,650 |
$14,829,125 |
| 27 |
$26,544,928 |
$9,781,954
$1,194,522 |
$15,568,452 |
| 28 |
$27,872,224 |
$10,273,053
$1,254,250 |
$16,344,921 |
| 29 |
$29,265,984 |
$10,788,744
$1,316,969 |
$17,160,271 |
| 30 |
$30,729,184 |
$11,330,128
$1,382,813 |
$18,016,243 |
|
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