The jackpot for the MEGA Millions draw on Fri Sep 18, 2026, is projected to be $244 Million, with an option for a cash payout of $103.5 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 Fri Sep 18, 2026 |
|---|
| Draw Date | Fri Sep 18, 2026 | | Projected Jackpot | $244,000,000 | | Cash Value | $103,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $103,500,000 | | Federal Tax(24%) | $24,840,000 | | Additional Federal Tax | $13,415,330 | | State Tax(4.75%) | $4,916,250 | | Net Lumpsum Payment | $60,328,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,672,444 |
$1,319,135
$174,441 |
$2,178,868 |
| 2 |
$3,856,176 |
$1,387,116
$183,168 |
$2,285,892 |
| 3 |
$4,048,936 |
$1,458,437
$192,324 |
$2,398,175 |
| 4 |
$4,251,456 |
$1,533,369
$201,944 |
$2,516,143 |
| 5 |
$4,463,980 |
$1,612,003
$212,039 |
$2,639,938 |
| 6 |
$4,687,240 |
$1,694,609
$222,644 |
$2,769,987 |
| 7 |
$4,921,480 |
$1,781,278
$233,770 |
$2,906,432 |
| 8 |
$5,167,676 |
$1,872,371
$245,465 |
$3,049,840 |
| 9 |
$5,426,072 |
$1,967,977
$257,738 |
$3,200,357 |
| 10 |
$5,697,400 |
$2,068,368
$270,627 |
$3,358,405 |
| 11 |
$5,982,148 |
$2,173,725
$284,152 |
$3,524,271 |
| 12 |
$6,281,292 |
$2,284,408
$298,361 |
$3,698,523 |
| 13 |
$6,595,320 |
$2,400,599
$313,278 |
$3,881,443 |
| 14 |
$6,925,208 |
$2,522,657
$328,947 |
$4,073,604 |
| 15 |
$7,271,444 |
$2,650,765
$345,394 |
$4,275,285 |
| 16 |
$7,635,004 |
$2,785,282
$362,663 |
$4,487,059 |
| 17 |
$8,016,620 |
$2,926,480
$380,789 |
$4,709,351 |
| 18 |
$8,417,512 |
$3,074,810
$399,832 |
$4,942,870 |
| 19 |
$8,838,412 |
$3,230,543
$419,825 |
$5,188,044 |
| 20 |
$9,280,296 |
$3,394,040
$440,814 |
$5,445,442 |
| 21 |
$9,744,384 |
$3,565,752
$462,858 |
$5,715,774 |
| 22 |
$10,231,652 |
$3,746,042
$486,003 |
$5,999,607 |
| 23 |
$10,743,076 |
$3,935,269
$510,296 |
$6,297,511 |
| 24 |
$11,280,364 |
$4,134,065
$535,817 |
$6,610,482 |
| 25 |
$11,844,248 |
$4,342,702
$562,602 |
$6,938,944 |
| 26 |
$12,436,680 |
$4,561,902
$590,742 |
$7,284,036 |
| 27 |
$13,058,392 |
$4,791,935
$620,274 |
$7,646,183 |
| 28 |
$13,711,336 |
$5,033,525
$651,288 |
$8,026,523 |
| 29 |
$14,396,976 |
$5,287,212
$683,856 |
$8,425,908 |
| 30 |
$15,116,776 |
$5,553,538
$718,047 |
$8,845,191 |
|
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