The jackpot for the MEGA Millions draw on Fri Jun 19, 2026, is projected to be $452 Million, with an option for a cash payout of $201 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 Rhode Island residents, the state will deduct 5.99% from your lottery earnings.
| Rhode Island MEGA Millions Jackpot/Cash Option for Fri Jun 19, 2026 |
|---|
| Draw Date | Fri Jun 19, 2026 | | Projected Jackpot | $452,000,000 | | Cash Value | $201,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $201,000,000 | | Federal Tax(24%) | $48,240,000 | | Additional Federal Tax | $26,090,330 | | State Tax(5.99%) | $12,039,900 | | Net Lumpsum Payment | $114,629,770 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,803,052 |
$2,477,460
$407,503 |
$3,918,089 |
| 2 |
$7,143,408 |
$2,603,391
$427,890 |
$4,112,127 |
| 3 |
$7,500,488 |
$2,735,511
$449,279 |
$4,315,698 |
| 4 |
$7,875,648 |
$2,874,320
$471,751 |
$4,529,577 |
| 5 |
$8,269,340 |
$3,019,986
$495,333 |
$4,754,021 |
| 6 |
$8,682,920 |
$3,173,011
$520,107 |
$4,989,802 |
| 7 |
$9,116,840 |
$3,333,561
$546,099 |
$5,237,180 |
| 8 |
$9,572,908 |
$3,502,306
$573,417 |
$5,497,185 |
| 9 |
$10,051,576 |
$3,679,414
$602,089 |
$5,770,073 |
| 10 |
$10,554,200 |
$3,865,384
$632,197 |
$6,056,619 |
| 11 |
$11,081,684 |
$4,060,553
$663,793 |
$6,357,338 |
| 12 |
$11,635,836 |
$4,265,590
$696,987 |
$6,673,259 |
| 13 |
$12,217,560 |
$4,480,828
$731,832 |
$7,004,900 |
| 14 |
$12,828,664 |
$4,706,936
$768,437 |
$7,353,291 |
| 15 |
$13,470,052 |
$4,944,250
$806,856 |
$7,718,946 |
| 16 |
$14,143,532 |
$5,193,437
$847,198 |
$8,102,897 |
| 17 |
$14,850,460 |
$5,455,001
$889,543 |
$8,505,916 |
| 18 |
$15,593,096 |
$5,729,776
$934,026 |
$8,929,294 |
| 19 |
$16,372,796 |
$6,018,265
$980,730 |
$9,373,801 |
| 20 |
$17,191,368 |
$6,321,137
$1,029,763 |
$9,840,468 |
| 21 |
$18,051,072 |
$6,639,227
$1,081,259 |
$10,330,586 |
| 22 |
$18,953,716 |
$6,973,205
$1,135,328 |
$10,845,183 |
| 23 |
$19,901,108 |
$7,323,740
$1,192,076 |
$11,385,292 |
| 24 |
$20,896,412 |
$7,692,003
$1,251,695 |
$11,952,714 |
| 25 |
$21,940,984 |
$8,078,494
$1,314,265 |
$12,548,225 |
| 26 |
$23,038,440 |
$8,484,553
$1,380,003 |
$13,173,884 |
| 27 |
$24,190,136 |
$8,910,681
$1,448,989 |
$13,830,466 |
| 28 |
$25,399,688 |
$9,358,215
$1,521,441 |
$14,520,032 |
| 29 |
$26,669,808 |
$9,828,159
$1,597,521 |
$15,244,128 |
| 30 |
$28,003,208 |
$10,321,517
$1,677,392 |
$16,004,299 |
|
|
