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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana 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(4.75%) | $8,231,750 | | Net Lumpsum Payment | $100,986,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,899,992 |
$2,143,327
$280,250 |
$3,476,415 |
| 2 |
$6,195,168 |
$2,252,543
$294,270 |
$3,648,355 |
| 3 |
$6,504,848 |
$2,367,124
$308,980 |
$3,828,744 |
| 4 |
$6,830,208 |
$2,487,507
$324,435 |
$4,018,266 |
| 5 |
$7,171,640 |
$2,613,837
$340,653 |
$4,217,150 |
| 6 |
$7,530,320 |
$2,746,549
$357,690 |
$4,426,081 |
| 7 |
$7,906,640 |
$2,885,787
$375,565 |
$4,645,288 |
| 8 |
$8,302,168 |
$3,032,133
$394,353 |
$4,875,682 |
| 9 |
$8,717,296 |
$3,185,730
$414,072 |
$5,117,494 |
| 10 |
$9,153,200 |
$3,347,014
$434,777 |
$5,371,409 |
| 11 |
$9,610,664 |
$3,516,276
$456,507 |
$5,637,881 |
| 12 |
$10,091,256 |
$3,694,095
$479,335 |
$5,917,826 |
| 13 |
$10,595,760 |
$3,880,762
$503,299 |
$6,211,699 |
| 14 |
$11,125,744 |
$4,076,856
$528,473 |
$6,520,415 |
| 15 |
$11,681,992 |
$4,282,667
$554,895 |
$6,844,430 |
| 16 |
$12,266,072 |
$4,498,777
$582,638 |
$7,184,657 |
| 17 |
$12,879,160 |
$4,725,620
$611,760 |
$7,541,780 |
| 18 |
$13,523,216 |
$4,963,920
$642,353 |
$7,916,943 |
| 19 |
$14,199,416 |
$5,214,114
$674,472 |
$8,310,830 |
| 20 |
$14,909,328 |
$5,476,782
$708,193 |
$8,724,353 |
| 21 |
$15,654,912 |
$5,752,648
$743,608 |
$9,158,656 |
| 22 |
$16,437,736 |
$6,042,293
$780,792 |
$9,614,651 |
| 23 |
$17,259,368 |
$6,346,297
$819,820 |
$10,093,251 |
| 24 |
$18,122,552 |
$6,665,675
$860,821 |
$10,596,056 |
| 25 |
$19,028,464 |
$7,000,862
$903,852 |
$11,123,750 |
| 26 |
$19,980,240 |
$7,353,019
$949,061 |
$11,678,160 |
| 27 |
$20,979,056 |
$7,722,581
$996,505 |
$12,259,970 |
| 28 |
$22,028,048 |
$8,110,708
$1,046,332 |
$12,871,008 |
| 29 |
$23,129,568 |
$8,518,271
$1,098,654 |
$13,512,643 |
| 30 |
$24,285,968 |
$8,946,139
$1,153,583 |
$14,186,246 |
|
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