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 Vermont residents, the state will deduct 6% from your lottery earnings.
| Vermont 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(6%) | $12,060,000 | | Net Lumpsum Payment | $114,609,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,803,052 |
$2,477,460
$408,183 |
$3,917,409 |
| 2 |
$7,143,408 |
$2,603,391
$428,604 |
$4,111,413 |
| 3 |
$7,500,488 |
$2,735,511
$450,029 |
$4,314,948 |
| 4 |
$7,875,648 |
$2,874,320
$472,539 |
$4,528,789 |
| 5 |
$8,269,340 |
$3,019,986
$496,160 |
$4,753,194 |
| 6 |
$8,682,920 |
$3,173,011
$520,975 |
$4,988,934 |
| 7 |
$9,116,840 |
$3,333,561
$547,010 |
$5,236,269 |
| 8 |
$9,572,908 |
$3,502,306
$574,374 |
$5,496,228 |
| 9 |
$10,051,576 |
$3,679,414
$603,095 |
$5,769,067 |
| 10 |
$10,554,200 |
$3,865,384
$633,252 |
$6,055,564 |
| 11 |
$11,081,684 |
$4,060,553
$664,901 |
$6,356,230 |
| 12 |
$11,635,836 |
$4,265,590
$698,150 |
$6,672,096 |
| 13 |
$12,217,560 |
$4,480,828
$733,054 |
$7,003,678 |
| 14 |
$12,828,664 |
$4,706,936
$769,720 |
$7,352,008 |
| 15 |
$13,470,052 |
$4,944,250
$808,203 |
$7,717,599 |
| 16 |
$14,143,532 |
$5,193,437
$848,612 |
$8,101,483 |
| 17 |
$14,850,460 |
$5,455,001
$891,028 |
$8,504,431 |
| 18 |
$15,593,096 |
$5,729,776
$935,586 |
$8,927,734 |
| 19 |
$16,372,796 |
$6,018,265
$982,368 |
$9,372,163 |
| 20 |
$17,191,368 |
$6,321,137
$1,031,482 |
$9,838,749 |
| 21 |
$18,051,072 |
$6,639,227
$1,083,064 |
$10,328,781 |
| 22 |
$18,953,716 |
$6,973,205
$1,137,223 |
$10,843,288 |
| 23 |
$19,901,108 |
$7,323,740
$1,194,066 |
$11,383,302 |
| 24 |
$20,896,412 |
$7,692,003
$1,253,785 |
$11,950,624 |
| 25 |
$21,940,984 |
$8,078,494
$1,316,459 |
$12,546,031 |
| 26 |
$23,038,440 |
$8,484,553
$1,382,306 |
$13,171,581 |
| 27 |
$24,190,136 |
$8,910,681
$1,451,408 |
$13,828,047 |
| 28 |
$25,399,688 |
$9,358,215
$1,523,981 |
$14,517,492 |
| 29 |
$26,669,808 |
$9,828,159
$1,600,188 |
$15,241,461 |
| 30 |
$28,003,208 |
$10,321,517
$1,680,192 |
$16,001,499 |
|
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