The jackpot for the MEGA Millions draw on Fri Apr 10, 2026, is projected to be $110 Million, with an option for a cash payout of $49.2 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 New Jersey residents, the state will deduct 8% from your lottery earnings.
| New Jersey MEGA Millions Jackpot/Cash Option for Fri Apr 10, 2026 |
|---|
| Draw Date | Fri Apr 10, 2026 | | Projected Jackpot | $110,000,000 | | Cash Value | $49,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $49,200,000 | | Federal Tax(24%) | $11,808,000 | | Additional Federal Tax | $6,356,330 | | State Tax(8%) | $3,936,000 | | Net Lumpsum Payment | $27,099,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,655,610 |
$572,906
$132,449 |
$950,255 |
| 2 |
$1,738,440 |
$603,553
$139,075 |
$995,812 |
| 3 |
$1,825,340 |
$635,706
$146,027 |
$1,043,607 |
| 4 |
$1,916,640 |
$669,487
$153,331 |
$1,093,822 |
| 5 |
$2,012,450 |
$704,937
$160,996 |
$1,146,517 |
| 6 |
$2,113,100 |
$742,177
$169,048 |
$1,201,875 |
| 7 |
$2,218,700 |
$781,249
$177,496 |
$1,259,955 |
| 8 |
$2,329,690 |
$822,316
$186,375 |
$1,320,999 |
| 9 |
$2,446,180 |
$865,417
$195,694 |
$1,385,069 |
| 10 |
$2,568,500 |
$910,675
$205,480 |
$1,452,345 |
| 11 |
$2,696,870 |
$958,172
$215,750 |
$1,522,948 |
| 12 |
$2,831,730 |
$1,008,070
$226,538 |
$1,597,122 |
| 13 |
$2,973,300 |
$1,060,451
$237,864 |
$1,674,985 |
| 14 |
$3,122,020 |
$1,115,478
$249,762 |
$1,756,780 |
| 15 |
$3,278,110 |
$1,173,231
$262,249 |
$1,842,630 |
| 16 |
$3,442,010 |
$1,233,874
$275,361 |
$1,932,775 |
| 17 |
$3,614,050 |
$1,297,529
$289,124 |
$2,027,397 |
| 18 |
$3,794,780 |
$1,364,399
$303,582 |
$2,126,799 |
| 19 |
$3,984,530 |
$1,434,606
$318,762 |
$2,231,162 |
| 20 |
$4,183,740 |
$1,508,314
$334,699 |
$2,340,727 |
| 21 |
$4,392,960 |
$1,585,726
$351,437 |
$2,455,797 |
| 22 |
$4,612,630 |
$1,667,003
$369,010 |
$2,576,617 |
| 23 |
$4,843,190 |
$1,752,311
$387,455 |
$2,703,424 |
| 24 |
$5,085,410 |
$1,841,932
$406,833 |
$2,836,645 |
| 25 |
$5,339,620 |
$1,935,990
$427,170 |
$2,976,460 |
| 26 |
$5,606,700 |
$2,034,809
$448,536 |
$3,123,355 |
| 27 |
$5,886,980 |
$2,138,513
$470,958 |
$3,277,509 |
| 28 |
$6,181,340 |
$2,247,426
$494,507 |
$3,439,407 |
| 29 |
$6,490,440 |
$2,361,793
$519,235 |
$3,609,412 |
| 30 |
$6,814,940 |
$2,481,858
$545,195 |
$3,787,887 |
|
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