The jackpot for the MEGA Millions draw on Tue Mar 10, 2026, is projected to be $533 Million, with an option for a cash payout of $244.2 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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana MEGA Millions Jackpot/Cash Option for Tue Mar 10, 2026 |
|---|
| Draw Date | Tue Mar 10, 2026 | | Projected Jackpot | $533,000,000 | | Cash Value | $244,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $244,200,000 | | Federal Tax(24%) | $58,608,000 | | Additional Federal Tax | $31,706,330 | | State Tax(6.75%) | $16,483,500 | | Net Lumpsum Payment | $137,402,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,022,183 |
$2,928,538
$541,497 |
$4,552,148 |
| 2 |
$8,423,532 |
$3,077,037
$568,588 |
$4,777,907 |
| 3 |
$8,844,602 |
$3,232,833
$597,011 |
$5,014,758 |
| 4 |
$9,286,992 |
$3,396,517
$626,872 |
$5,263,603 |
| 5 |
$9,751,235 |
$3,568,287
$658,208 |
$5,524,740 |
| 6 |
$10,238,930 |
$3,748,734
$691,128 |
$5,799,068 |
| 7 |
$10,750,610 |
$3,938,056
$725,666 |
$6,086,888 |
| 8 |
$11,288,407 |
$4,137,041
$761,967 |
$6,389,399 |
| 9 |
$11,852,854 |
$4,345,886
$800,068 |
$6,706,900 |
| 10 |
$12,445,550 |
$4,565,184
$840,075 |
$7,040,291 |
| 11 |
$13,067,561 |
$4,795,328
$882,060 |
$7,390,173 |
| 12 |
$13,721,019 |
$5,037,107
$926,169 |
$7,757,743 |
| 13 |
$14,406,990 |
$5,290,917
$972,472 |
$8,143,601 |
| 14 |
$15,127,606 |
$5,557,545
$1,021,113 |
$8,548,948 |
| 15 |
$15,883,933 |
$5,837,386
$1,072,165 |
$8,974,382 |
| 16 |
$16,678,103 |
$6,131,228
$1,125,772 |
$9,421,103 |
| 17 |
$17,511,715 |
$6,439,665
$1,182,041 |
$9,890,009 |
| 18 |
$18,387,434 |
$6,763,681
$1,241,152 |
$10,382,601 |
| 19 |
$19,306,859 |
$7,103,868
$1,303,213 |
$10,899,778 |
| 20 |
$20,272,122 |
$7,461,016
$1,368,368 |
$11,442,738 |
| 21 |
$21,285,888 |
$7,836,109
$1,436,797 |
$12,012,982 |
| 22 |
$22,350,289 |
$8,229,937
$1,508,645 |
$12,611,707 |
| 23 |
$23,467,457 |
$8,643,289
$1,584,053 |
$13,240,115 |
| 24 |
$24,641,123 |
$9,077,546
$1,663,276 |
$13,900,301 |
| 25 |
$25,872,886 |
$9,533,298
$1,746,420 |
$14,593,168 |
| 26 |
$27,167,010 |
$10,012,124
$1,833,773 |
$15,321,113 |
| 27 |
$28,525,094 |
$10,514,615
$1,925,444 |
$16,085,035 |
| 28 |
$29,951,402 |
$11,042,349
$2,021,720 |
$16,887,333 |
| 29 |
$31,449,132 |
$11,596,509
$2,122,816 |
$17,729,807 |
| 30 |
$33,021,482 |
$12,178,279
$2,228,950 |
$18,614,253 |
|
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