The jackpot for the MEGA Millions draw on Fri Jan 9, 2026, is projected to be $199 Million, with an option for a cash payout of $90.5 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 Maine residents, the state will deduct 5% from your lottery earnings.
| Maine MEGA Millions Jackpot/Cash Option for Fri Jan 9, 2026 |
|---|
| Draw Date | Fri Jan 9, 2026 | | Projected Jackpot | $199,000,000 | | Cash Value | $90,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $90,500,000 | | Federal Tax(24%) | $21,720,000 | | Additional Federal Tax | $11,725,330 | | State Tax(5%) | $4,525,000 | | Net Lumpsum Payment | $52,529,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,995,149 |
$1,068,536
$149,757 |
$1,776,856 |
| 2 |
$3,144,996 |
$1,123,979
$157,250 |
$1,863,767 |
| 3 |
$3,302,206 |
$1,182,147
$165,110 |
$1,954,949 |
| 4 |
$3,467,376 |
$1,243,260
$173,369 |
$2,050,747 |
| 5 |
$3,640,705 |
$1,307,391
$182,035 |
$2,151,279 |
| 6 |
$3,822,790 |
$1,374,763
$191,140 |
$2,256,887 |
| 7 |
$4,013,830 |
$1,445,447
$200,692 |
$2,367,691 |
| 8 |
$4,214,621 |
$1,519,740
$210,731 |
$2,484,150 |
| 9 |
$4,425,362 |
$1,597,714
$221,268 |
$2,606,380 |
| 10 |
$4,646,650 |
$1,679,591
$232,333 |
$2,734,726 |
| 11 |
$4,878,883 |
$1,765,517
$243,944 |
$2,869,422 |
| 12 |
$5,122,857 |
$1,855,787
$256,143 |
$3,010,927 |
| 13 |
$5,378,970 |
$1,950,549
$268,949 |
$3,159,472 |
| 14 |
$5,648,018 |
$2,050,097
$282,401 |
$3,315,520 |
| 15 |
$5,930,399 |
$2,154,578
$296,520 |
$3,479,301 |
| 16 |
$6,226,909 |
$2,264,287
$311,345 |
$3,651,277 |
| 17 |
$6,538,145 |
$2,379,444
$326,907 |
$3,831,794 |
| 18 |
$6,865,102 |
$2,500,418
$343,255 |
$4,021,429 |
| 19 |
$7,208,377 |
$2,627,430
$360,419 |
$4,220,528 |
| 20 |
$7,568,766 |
$2,760,774
$378,438 |
$4,429,554 |
| 21 |
$7,947,264 |
$2,900,818
$397,363 |
$4,649,083 |
| 22 |
$8,344,667 |
$3,047,857
$417,233 |
$4,879,577 |
| 23 |
$8,761,771 |
$3,202,186
$438,089 |
$5,121,496 |
| 24 |
$9,199,969 |
$3,364,319
$459,998 |
$5,375,652 |
| 25 |
$9,659,858 |
$3,534,478
$482,993 |
$5,642,387 |
| 26 |
$10,143,030 |
$3,713,251
$507,152 |
$5,922,627 |
| 27 |
$10,650,082 |
$3,900,861
$532,504 |
$6,216,717 |
| 28 |
$11,182,606 |
$4,097,895
$559,130 |
$6,525,581 |
| 29 |
$11,741,796 |
$4,304,795
$587,090 |
$6,849,911 |
| 30 |
$12,328,846 |
$4,522,003
$616,442 |
$7,190,401 |
|
|
