The jackpot for the MEGA Millions draw on Tue Sep 1, 2026, is projected to be $160 Million, with an option for a cash payout of $68.9 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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin MEGA Millions Jackpot/Cash Option for Tue Sep 1, 2026 |
|---|
| Draw Date | Tue Sep 1, 2026 | | Projected Jackpot | $160,000,000 | | Cash Value | $68,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $68,900,000 | | Federal Tax(24%) | $16,536,000 | | Additional Federal Tax | $8,917,330 | | State Tax(7.65%) | $5,270,850 | | Net Lumpsum Payment | $38,175,820 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,408,160 |
$851,350
$184,224 |
$1,372,586 |
| 2 |
$2,528,640 |
$895,927
$193,441 |
$1,439,272 |
| 3 |
$2,655,040 |
$942,695
$203,111 |
$1,509,234 |
| 4 |
$2,787,840 |
$991,831
$213,270 |
$1,582,739 |
| 5 |
$2,927,200 |
$1,043,394
$223,931 |
$1,659,875 |
| 6 |
$3,073,600 |
$1,097,562
$235,130 |
$1,740,908 |
| 7 |
$3,227,200 |
$1,154,394
$246,881 |
$1,825,925 |
| 8 |
$3,388,640 |
$1,214,127
$259,231 |
$1,915,282 |
| 9 |
$3,558,080 |
$1,276,820
$272,193 |
$2,009,067 |
| 10 |
$3,736,000 |
$1,342,650
$285,804 |
$2,107,546 |
| 11 |
$3,922,720 |
$1,411,737
$300,088 |
$2,210,895 |
| 12 |
$4,118,880 |
$1,484,316
$315,094 |
$2,319,470 |
| 13 |
$4,324,800 |
$1,560,506
$330,847 |
$2,433,447 |
| 14 |
$4,541,120 |
$1,640,545
$347,396 |
$2,553,179 |
| 15 |
$4,768,160 |
$1,724,550
$364,764 |
$2,678,846 |
| 16 |
$5,006,560 |
$1,812,758
$383,002 |
$2,810,800 |
| 17 |
$5,256,800 |
$1,905,346
$402,145 |
$2,949,309 |
| 18 |
$5,519,680 |
$2,002,612
$422,256 |
$3,094,812 |
| 19 |
$5,795,680 |
$2,104,732
$443,370 |
$3,247,578 |
| 20 |
$6,085,440 |
$2,211,943
$465,536 |
$3,407,961 |
| 21 |
$6,389,760 |
$2,324,542
$488,817 |
$3,576,401 |
| 22 |
$6,709,280 |
$2,442,764
$513,260 |
$3,753,256 |
| 23 |
$7,044,640 |
$2,566,847
$538,915 |
$3,938,878 |
| 24 |
$7,396,960 |
$2,697,206
$565,867 |
$4,133,887 |
| 25 |
$7,766,720 |
$2,834,017
$594,154 |
$4,338,549 |
| 26 |
$8,155,200 |
$2,977,754
$623,873 |
$4,553,573 |
| 27 |
$8,562,880 |
$3,128,596
$655,060 |
$4,779,224 |
| 28 |
$8,991,040 |
$3,287,015
$687,815 |
$5,016,210 |
| 29 |
$9,440,640 |
$3,453,367
$722,209 |
$5,265,064 |
| 30 |
$9,912,640 |
$3,628,007
$758,317 |
$5,526,316 |
|
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