The jackpot for the MEGA Millions draw on Tue Oct 27, 2026, is projected to be $443 Million, with an option for a cash payout of $186.5 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 Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland MEGA Millions Jackpot/Cash Option for Tue Oct 27, 2026 |
|---|
| Draw Date | Tue Oct 27, 2026 | | Projected Jackpot | $443,000,000 | | Cash Value | $186,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $186,500,000 | | Federal Tax(24%) | $44,760,000 | | Additional Federal Tax | $24,205,330 | | State Tax(8.95%) | $16,691,750 | | Net Lumpsum Payment | $100,842,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,667,593 |
$2,427,340
$596,750 |
$3,643,503 |
| 2 |
$7,001,172 |
$2,550,764
$626,605 |
$3,823,803 |
| 3 |
$7,351,142 |
$2,680,253
$657,927 |
$4,012,962 |
| 4 |
$7,718,832 |
$2,816,298
$690,835 |
$4,211,699 |
| 5 |
$8,104,685 |
$2,959,064
$725,369 |
$4,420,252 |
| 6 |
$8,510,030 |
$3,109,041
$761,648 |
$4,639,341 |
| 7 |
$8,935,310 |
$3,266,395
$799,710 |
$4,869,205 |
| 8 |
$9,382,297 |
$3,431,780
$839,716 |
$5,110,801 |
| 9 |
$9,851,434 |
$3,605,361
$881,703 |
$5,364,370 |
| 10 |
$10,344,050 |
$3,787,629
$925,792 |
$5,630,629 |
| 11 |
$10,861,031 |
$3,978,912
$972,062 |
$5,910,057 |
| 12 |
$11,404,149 |
$4,179,866
$1,020,671 |
$6,203,612 |
| 13 |
$11,974,290 |
$4,390,818
$1,071,699 |
$6,511,773 |
| 14 |
$12,573,226 |
$4,612,424
$1,125,304 |
$6,835,498 |
| 15 |
$13,201,843 |
$4,845,012
$1,181,565 |
$7,175,266 |
| 16 |
$13,861,913 |
$5,089,238
$1,240,641 |
$7,532,034 |
| 17 |
$14,554,765 |
$5,345,593
$1,302,651 |
$7,906,521 |
| 18 |
$15,282,614 |
$5,614,898
$1,367,794 |
$8,299,922 |
| 19 |
$16,046,789 |
$5,897,642
$1,436,188 |
$8,712,959 |
| 20 |
$16,849,062 |
$6,194,483
$1,507,991 |
$9,146,588 |
| 21 |
$17,691,648 |
$6,506,240
$1,583,402 |
$9,602,006 |
| 22 |
$18,576,319 |
$6,833,568
$1,662,581 |
$10,080,170 |
| 23 |
$19,504,847 |
$7,177,124
$1,745,684 |
$10,582,039 |
| 24 |
$20,480,333 |
$7,538,054
$1,832,990 |
$11,109,289 |
| 25 |
$21,504,106 |
$7,916,850
$1,924,617 |
$11,662,639 |
| 26 |
$22,579,710 |
$8,314,823
$2,020,884 |
$12,244,003 |
| 27 |
$23,708,474 |
$8,732,466
$2,121,908 |
$12,854,100 |
| 28 |
$24,893,942 |
$9,171,089
$2,228,008 |
$13,494,845 |
| 29 |
$26,138,772 |
$9,631,676
$2,339,420 |
$14,167,676 |
| 30 |
$27,445,622 |
$10,115,211
$2,456,383 |
$14,874,028 |
|
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