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 Vermont residents, the state will deduct 6% from your lottery earnings.
| Vermont 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(6%) | $2,952,000 | | Net Lumpsum Payment | $28,083,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,655,610 |
$572,906
$99,337 |
$983,367 |
| 2 |
$1,738,440 |
$603,553
$104,306 |
$1,030,581 |
| 3 |
$1,825,340 |
$635,706
$109,520 |
$1,080,114 |
| 4 |
$1,916,640 |
$669,487
$114,998 |
$1,132,155 |
| 5 |
$2,012,450 |
$704,937
$120,747 |
$1,186,766 |
| 6 |
$2,113,100 |
$742,177
$126,786 |
$1,244,137 |
| 7 |
$2,218,700 |
$781,249
$133,122 |
$1,304,329 |
| 8 |
$2,329,690 |
$822,316
$139,781 |
$1,367,593 |
| 9 |
$2,446,180 |
$865,417
$146,771 |
$1,433,992 |
| 10 |
$2,568,500 |
$910,675
$154,110 |
$1,503,715 |
| 11 |
$2,696,870 |
$958,172
$161,812 |
$1,576,886 |
| 12 |
$2,831,730 |
$1,008,070
$169,904 |
$1,653,756 |
| 13 |
$2,973,300 |
$1,060,451
$178,398 |
$1,734,451 |
| 14 |
$3,122,020 |
$1,115,478
$187,321 |
$1,819,221 |
| 15 |
$3,278,110 |
$1,173,231
$196,687 |
$1,908,192 |
| 16 |
$3,442,010 |
$1,233,874
$206,521 |
$2,001,615 |
| 17 |
$3,614,050 |
$1,297,529
$216,843 |
$2,099,678 |
| 18 |
$3,794,780 |
$1,364,399
$227,687 |
$2,202,694 |
| 19 |
$3,984,530 |
$1,434,606
$239,072 |
$2,310,852 |
| 20 |
$4,183,740 |
$1,508,314
$251,024 |
$2,424,402 |
| 21 |
$4,392,960 |
$1,585,726
$263,578 |
$2,543,656 |
| 22 |
$4,612,630 |
$1,667,003
$276,758 |
$2,668,869 |
| 23 |
$4,843,190 |
$1,752,311
$290,591 |
$2,800,288 |
| 24 |
$5,085,410 |
$1,841,932
$305,125 |
$2,938,353 |
| 25 |
$5,339,620 |
$1,935,990
$320,377 |
$3,083,253 |
| 26 |
$5,606,700 |
$2,034,809
$336,402 |
$3,235,489 |
| 27 |
$5,886,980 |
$2,138,513
$353,219 |
$3,395,248 |
| 28 |
$6,181,340 |
$2,247,426
$370,880 |
$3,563,034 |
| 29 |
$6,490,440 |
$2,361,793
$389,426 |
$3,739,221 |
| 30 |
$6,814,940 |
$2,481,858
$408,896 |
$3,924,186 |
|
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