The jackpot for the MEGA Millions draw on Tue Apr 28, 2026, is projected to be $163 Million, with an option for a cash payout of $72.9 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 Apr 28, 2026 |
|---|
| Draw Date | Tue Apr 28, 2026 | | Projected Jackpot | $163,000,000 | | Cash Value | $72,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $72,900,000 | | Federal Tax(24%) | $17,496,000 | | Additional Federal Tax | $9,437,330 | | State Tax(8.95%) | $6,524,550 | | Net Lumpsum Payment | $39,442,120 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,453,313 |
$868,056 $219,572 |
$1,365,685 |
| 2 |
$2,576,052 |
$913,470 $230,557 |
$1,432,025 |
| 3 |
$2,704,822 |
$961,115 $242,082 |
$1,501,625 |
| 4 |
$2,840,112 |
$1,011,172 $254,190 |
$1,574,750 |
| 5 |
$2,982,085 |
$1,063,702 $266,897 |
$1,651,486 |
| 6 |
$3,131,230 |
$1,118,885 $280,245 |
$1,732,100 |
| 7 |
$3,287,710 |
$1,176,783 $294,250 |
$1,816,677 |
| 8 |
$3,452,177 |
$1,237,636 $308,970 |
$1,905,571 |
| 9 |
$3,624,794 |
$1,301,504 $324,419 |
$1,998,871 |
| 10 |
$3,806,050 |
$1,368,569 $340,641 |
$2,096,840 |
| 11 |
$3,996,271 |
$1,438,951 $357,666 |
$2,199,654 |
| 12 |
$4,196,109 |
$1,512,891 $375,552 |
$2,307,666 |
| 13 |
$4,405,890 |
$1,590,510 $394,327 |
$2,421,053 |
| 14 |
$4,626,266 |
$1,672,049 $414,051 |
$2,540,166 |
| 15 |
$4,857,563 |
$1,757,629 $434,752 |
$2,665,182 |
| 16 |
$5,100,433 |
$1,847,491 $456,489 |
$2,796,453 |
| 17 |
$5,355,365 |
$1,941,815 $479,305 |
$2,934,245 |
| 18 |
$5,623,174 |
$2,040,905 $503,274 |
$3,078,995 |
| 19 |
$5,904,349 |
$2,144,940 $528,439 |
$3,230,970 |
| 20 |
$6,199,542 |
$2,254,161 $554,859 |
$3,390,522 |
| 21 |
$6,509,568 |
$2,368,871 $582,606 |
$3,558,091 |
| 22 |
$6,835,079 |
$2,489,310 $611,740 |
$3,734,029 |
| 23 |
$7,176,727 |
$2,615,719 $642,317 |
$3,918,691 |
| 24 |
$7,535,653 |
$2,748,522 $674,441 |
$4,112,690 |
| 25 |
$7,912,346 |
$2,887,898 $708,155 |
$4,316,293 |
| 26 |
$8,308,110 |
$3,034,331 $743,576 |
$4,530,203 |
| 27 |
$8,723,434 |
$3,188,001 $780,747 |
$4,754,686 |
| 28 |
$9,159,622 |
$3,349,391 $819,786 |
$4,990,445 |
| 29 |
$9,617,652 |
$3,518,862 $860,780 |
$5,238,010 |
| 30 |
$10,098,502 |
$3,696,776 $903,816 |
$5,497,910 |
|
|