The jackpot for the MEGA Millions draw on Fri Apr 24, 2026, is projected to be $150 Million, with an option for a cash payout of $67.3 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 York residents, the state will deduct 8.82% from your lottery earnings.
| New York MEGA Millions Jackpot/Cash Option for Fri Apr 24, 2026 |
|---|
| Draw Date | Fri Apr 24, 2026 | | Projected Jackpot | $150,000,000 | | Cash Value | $67,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $67,300,000 | | Federal Tax(24%) | $16,152,000 | | Additional Federal Tax | $8,709,330 | | State Tax(8.82%) | $5,935,860 | | Net Lumpsum Payment | $36,502,810 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,257,650 |
$795,661
$199,125 |
$1,262,864 |
| 2 |
$2,370,600 |
$837,452
$209,087 |
$1,324,061 |
| 3 |
$2,489,100 |
$881,297
$219,539 |
$1,388,264 |
| 4 |
$2,613,600 |
$927,362
$230,520 |
$1,455,718 |
| 5 |
$2,744,250 |
$975,703
$242,043 |
$1,526,504 |
| 6 |
$2,881,500 |
$1,026,485
$254,148 |
$1,600,867 |
| 7 |
$3,025,500 |
$1,079,765
$266,849 |
$1,678,886 |
| 8 |
$3,176,850 |
$1,135,765
$280,198 |
$1,760,887 |
| 9 |
$3,335,700 |
$1,194,539
$294,209 |
$1,846,952 |
| 10 |
$3,502,500 |
$1,256,255
$308,921 |
$1,937,324 |
| 11 |
$3,677,550 |
$1,321,024
$324,360 |
$2,032,166 |
| 12 |
$3,861,450 |
$1,389,067
$340,580 |
$2,131,803 |
| 13 |
$4,054,500 |
$1,460,495
$357,607 |
$2,236,398 |
| 14 |
$4,257,300 |
$1,535,531
$375,494 |
$2,346,275 |
| 15 |
$4,470,150 |
$1,614,286
$394,267 |
$2,461,597 |
| 16 |
$4,693,650 |
$1,696,981
$413,980 |
$2,582,689 |
| 17 |
$4,928,250 |
$1,783,783
$434,672 |
$2,709,795 |
| 18 |
$5,174,700 |
$1,874,969
$456,409 |
$2,843,322 |
| 19 |
$5,433,450 |
$1,970,707
$479,230 |
$2,983,513 |
| 20 |
$5,705,100 |
$2,071,217
$503,190 |
$3,130,693 |
| 21 |
$5,990,400 |
$2,176,778
$528,353 |
$3,285,269 |
| 22 |
$6,289,950 |
$2,287,612
$554,774 |
$3,447,564 |
| 23 |
$6,604,350 |
$2,403,940
$582,504 |
$3,617,906 |
| 24 |
$6,934,650 |
$2,526,151
$611,636 |
$3,796,863 |
| 25 |
$7,281,300 |
$2,654,411
$642,211 |
$3,984,678 |
| 26 |
$7,645,500 |
$2,789,165
$674,333 |
$4,182,002 |
| 27 |
$8,027,700 |
$2,930,579
$708,043 |
$4,389,078 |
| 28 |
$8,429,100 |
$3,079,097
$743,447 |
$4,606,556 |
| 29 |
$8,850,600 |
$3,235,052
$780,623 |
$4,834,925 |
| 30 |
$9,293,100 |
$3,398,777
$819,651 |
$5,074,672 |
|
|
