The jackpot for the MEGA Millions draw on Fri Jan 9, 2026, is projected to be $199 Million, with an option for a cash payout of $90.5 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania MEGA Millions Jackpot/Cash Option for Fri Jan 9, 2026 |
|---|
| Draw Date | Fri Jan 9, 2026 | | Projected Jackpot | $199,000,000 | | Cash Value | $90,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $90,500,000 | | Federal Tax(24%) | $21,720,000 | | Additional Federal Tax | $11,725,330 | | State Tax(3.07%) | $2,778,350 | | Net Lumpsum Payment | $54,276,320 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,995,149 |
$1,068,536
$91,951 |
$1,834,662 |
| 2 |
$3,144,996 |
$1,123,979
$96,551 |
$1,924,466 |
| 3 |
$3,302,206 |
$1,182,147
$101,378 |
$2,018,681 |
| 4 |
$3,467,376 |
$1,243,260
$106,448 |
$2,117,668 |
| 5 |
$3,640,705 |
$1,307,391
$111,770 |
$2,221,544 |
| 6 |
$3,822,790 |
$1,374,763
$117,360 |
$2,330,667 |
| 7 |
$4,013,830 |
$1,445,447
$123,225 |
$2,445,158 |
| 8 |
$4,214,621 |
$1,519,740
$129,389 |
$2,565,492 |
| 9 |
$4,425,362 |
$1,597,714
$135,859 |
$2,691,789 |
| 10 |
$4,646,650 |
$1,679,591
$142,652 |
$2,824,407 |
| 11 |
$4,878,883 |
$1,765,517
$149,782 |
$2,963,584 |
| 12 |
$5,122,857 |
$1,855,787
$157,272 |
$3,109,798 |
| 13 |
$5,378,970 |
$1,950,549
$165,134 |
$3,263,287 |
| 14 |
$5,648,018 |
$2,050,097
$173,394 |
$3,424,527 |
| 15 |
$5,930,399 |
$2,154,578
$182,063 |
$3,593,758 |
| 16 |
$6,226,909 |
$2,264,287
$191,166 |
$3,771,456 |
| 17 |
$6,538,145 |
$2,379,444
$200,721 |
$3,957,980 |
| 18 |
$6,865,102 |
$2,500,418
$210,759 |
$4,153,925 |
| 19 |
$7,208,377 |
$2,627,430
$221,297 |
$4,359,650 |
| 20 |
$7,568,766 |
$2,760,774
$232,361 |
$4,575,631 |
| 21 |
$7,947,264 |
$2,900,818
$243,981 |
$4,802,465 |
| 22 |
$8,344,667 |
$3,047,857
$256,181 |
$5,040,629 |
| 23 |
$8,761,771 |
$3,202,186
$268,986 |
$5,290,599 |
| 24 |
$9,199,969 |
$3,364,319
$282,439 |
$5,553,211 |
| 25 |
$9,659,858 |
$3,534,478
$296,558 |
$5,828,822 |
| 26 |
$10,143,030 |
$3,713,251
$311,391 |
$6,118,388 |
| 27 |
$10,650,082 |
$3,900,861
$326,958 |
$6,422,263 |
| 28 |
$11,182,606 |
$4,097,895
$343,306 |
$6,741,405 |
| 29 |
$11,741,796 |
$4,304,795
$360,473 |
$7,076,528 |
| 30 |
$12,328,846 |
$4,522,003
$378,496 |
$7,428,347 |
|
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