The jackpot for the MEGA Millions draw on Tue Sep 1, 2026, is projected to be $160 Million, with an option for a cash payout of $68.9 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 Missouri residents, the state will deduct 4% from your lottery earnings.
| Missouri MEGA Millions Jackpot/Cash Option for Tue Sep 1, 2026 |
|---|
| Draw Date | Tue Sep 1, 2026 | | Projected Jackpot | $160,000,000 | | Cash Value | $68,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $68,900,000 | | Federal Tax(24%) | $16,536,000 | | Additional Federal Tax | $8,917,330 | | State Tax(4%) | $2,756,000 | | Net Lumpsum Payment | $40,690,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,408,160 |
$851,350
$96,326 |
$1,460,484 |
| 2 |
$2,528,640 |
$895,927
$101,146 |
$1,531,567 |
| 3 |
$2,655,040 |
$942,695
$106,202 |
$1,606,143 |
| 4 |
$2,787,840 |
$991,831
$111,514 |
$1,684,495 |
| 5 |
$2,927,200 |
$1,043,394
$117,088 |
$1,766,718 |
| 6 |
$3,073,600 |
$1,097,562
$122,944 |
$1,853,094 |
| 7 |
$3,227,200 |
$1,154,394
$129,088 |
$1,943,718 |
| 8 |
$3,388,640 |
$1,214,127
$135,546 |
$2,038,967 |
| 9 |
$3,558,080 |
$1,276,820
$142,323 |
$2,138,937 |
| 10 |
$3,736,000 |
$1,342,650
$149,440 |
$2,243,910 |
| 11 |
$3,922,720 |
$1,411,737
$156,909 |
$2,354,074 |
| 12 |
$4,118,880 |
$1,484,316
$164,755 |
$2,469,809 |
| 13 |
$4,324,800 |
$1,560,506
$172,992 |
$2,591,302 |
| 14 |
$4,541,120 |
$1,640,545
$181,645 |
$2,718,930 |
| 15 |
$4,768,160 |
$1,724,550
$190,726 |
$2,852,884 |
| 16 |
$5,006,560 |
$1,812,758
$200,262 |
$2,993,540 |
| 17 |
$5,256,800 |
$1,905,346
$210,272 |
$3,141,182 |
| 18 |
$5,519,680 |
$2,002,612
$220,787 |
$3,296,281 |
| 19 |
$5,795,680 |
$2,104,732
$231,827 |
$3,459,121 |
| 20 |
$6,085,440 |
$2,211,943
$243,418 |
$3,630,079 |
| 21 |
$6,389,760 |
$2,324,542
$255,590 |
$3,809,628 |
| 22 |
$6,709,280 |
$2,442,764
$268,371 |
$3,998,145 |
| 23 |
$7,044,640 |
$2,566,847
$281,786 |
$4,196,007 |
| 24 |
$7,396,960 |
$2,697,206
$295,878 |
$4,403,876 |
| 25 |
$7,766,720 |
$2,834,017
$310,669 |
$4,622,034 |
| 26 |
$8,155,200 |
$2,977,754
$326,208 |
$4,851,238 |
| 27 |
$8,562,880 |
$3,128,596
$342,515 |
$5,091,769 |
| 28 |
$8,991,040 |
$3,287,015
$359,642 |
$5,344,383 |
| 29 |
$9,440,640 |
$3,453,367
$377,626 |
$5,609,647 |
| 30 |
$9,912,640 |
$3,628,007
$396,506 |
$5,888,127 |
|
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