The jackpot for the MEGA Millions draw on Tue May 26, 2026, is projected to be $311 Million, with an option for a cash payout of $136.4 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 Nebraska residents, the state will deduct 5% from your lottery earnings.
| Nebraska MEGA Millions Jackpot/Cash Option for Tue May 26, 2026 |
|---|
| Draw Date | Tue May 26, 2026 | | Projected Jackpot | $311,000,000 | | Cash Value | $136,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $136,400,000 | | Federal Tax(24%) | $32,736,000 | | Additional Federal Tax | $17,692,330 | | State Tax(5%) | $6,820,000 | | Net Lumpsum Payment | $79,151,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,680,861 |
$1,692,249
$234,043 |
$2,754,569 |
| 2 |
$4,915,044 |
$1,778,897
$245,752 |
$2,890,395 |
| 3 |
$5,160,734 |
$1,869,802
$258,037 |
$3,032,895 |
| 4 |
$5,418,864 |
$1,965,310
$270,943 |
$3,182,611 |
| 5 |
$5,689,745 |
$2,065,536
$284,487 |
$3,339,722 |
| 6 |
$5,974,310 |
$2,170,825
$298,716 |
$3,504,769 |
| 7 |
$6,272,870 |
$2,281,292
$313,644 |
$3,677,934 |
| 8 |
$6,586,669 |
$2,397,398
$329,333 |
$3,859,938 |
| 9 |
$6,916,018 |
$2,519,257
$345,801 |
$4,050,960 |
| 10 |
$7,261,850 |
$2,647,215
$363,093 |
$4,251,542 |
| 11 |
$7,624,787 |
$2,781,502
$381,239 |
$4,462,046 |
| 12 |
$8,006,073 |
$2,922,577
$400,304 |
$4,683,192 |
| 13 |
$8,406,330 |
$3,070,672
$420,317 |
$4,915,341 |
| 14 |
$8,826,802 |
$3,226,247
$441,340 |
$5,159,215 |
| 15 |
$9,268,111 |
$3,389,531
$463,406 |
$5,415,174 |
| 16 |
$9,731,501 |
$3,560,986
$486,575 |
$5,683,940 |
| 17 |
$10,217,905 |
$3,740,955
$510,895 |
$5,966,055 |
| 18 |
$10,728,878 |
$3,930,015
$536,444 |
$6,262,419 |
| 19 |
$11,265,353 |
$4,128,511
$563,268 |
$6,573,574 |
| 20 |
$11,828,574 |
$4,336,903
$591,429 |
$6,900,242 |
| 21 |
$12,420,096 |
$4,555,766
$621,005 |
$7,243,325 |
| 22 |
$13,041,163 |
$4,785,561
$652,058 |
$7,603,544 |
| 23 |
$13,693,019 |
$5,026,747
$684,651 |
$7,981,621 |
| 24 |
$14,377,841 |
$5,280,132
$718,892 |
$8,378,817 |
| 25 |
$15,096,562 |
$5,546,058
$754,828 |
$8,795,676 |
| 26 |
$15,851,670 |
$5,825,448
$792,584 |
$9,233,638 |
| 27 |
$16,644,098 |
$6,118,647
$832,205 |
$9,693,246 |
| 28 |
$17,476,334 |
$6,426,574
$873,817 |
$10,175,943 |
| 29 |
$18,350,244 |
$6,749,921
$917,512 |
$10,682,811 |
| 30 |
$19,267,694 |
$7,089,377
$963,385 |
$11,214,932 |
|
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