The jackpot for the MEGA Millions draw on Fri Oct 9, 2026, is projected to be $364 Million, with an option for a cash payout of $147.3 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 those living in Washington, the bright side is you won't have to pay any state taxes on your lottery prize.
| Washington MEGA Millions Jackpot/Cash Option for Fri Oct 9, 2026 |
|---|
| Draw Date | Fri Oct 9, 2026 | | Projected Jackpot | $364,000,000 | | Cash Value | $147,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $147,300,000 | | Federal Tax(24%) | $35,352,000 | | Additional Federal Tax | $19,109,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $92,838,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,478,564 |
$1,987,399
$0 |
$3,491,165 |
| 2 |
$5,752,656 |
$2,088,813
$0 |
$3,663,843 |
| 3 |
$6,040,216 |
$2,195,210
$0 |
$3,845,006 |
| 4 |
$6,342,336 |
$2,306,995
$0 |
$4,035,341 |
| 5 |
$6,659,380 |
$2,424,301
$0 |
$4,235,079 |
| 6 |
$6,992,440 |
$2,547,533
$0 |
$4,444,907 |
| 7 |
$7,341,880 |
$2,676,826
$0 |
$4,665,054 |
| 8 |
$7,709,156 |
$2,812,718
$0 |
$4,896,438 |
| 9 |
$8,094,632 |
$2,955,344
$0 |
$5,139,288 |
| 10 |
$8,499,400 |
$3,105,108
$0 |
$5,394,292 |
| 11 |
$8,924,188 |
$3,262,280
$0 |
$5,661,908 |
| 12 |
$9,370,452 |
$3,427,398
$0 |
$5,943,054 |
| 13 |
$9,838,920 |
$3,600,731
$0 |
$6,238,189 |
| 14 |
$10,331,048 |
$3,782,818
$0 |
$6,548,230 |
| 15 |
$10,847,564 |
$3,973,929
$0 |
$6,873,635 |
| 16 |
$11,389,924 |
$4,174,602
$0 |
$7,215,322 |
| 17 |
$11,959,220 |
$4,385,242
$0 |
$7,573,978 |
| 18 |
$12,557,272 |
$4,606,521
$0 |
$7,950,751 |
| 19 |
$13,185,172 |
$4,838,844
$0 |
$8,346,328 |
| 20 |
$13,844,376 |
$5,082,750
$0 |
$8,761,626 |
| 21 |
$14,536,704 |
$5,338,911
$0 |
$9,197,793 |
| 22 |
$15,263,612 |
$5,607,867
$0 |
$9,655,745 |
| 23 |
$16,026,556 |
$5,890,156
$0 |
$10,136,400 |
| 24 |
$16,828,084 |
$6,186,721
$0 |
$10,641,363 |
| 25 |
$17,669,288 |
$6,497,967
$0 |
$11,171,321 |
| 26 |
$18,553,080 |
$6,824,970
$0 |
$11,728,110 |
| 27 |
$19,480,552 |
$7,168,135
$0 |
$12,312,417 |
| 28 |
$20,454,616 |
$7,528,538
$0 |
$12,926,078 |
| 29 |
$21,477,456 |
$7,906,989
$0 |
$13,570,467 |
| 30 |
$22,551,256 |
$8,304,295
$0 |
$14,246,961 |
|
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