The jackpot for the MEGA Millions draw on Fri Jan 9, 2026, is projected to be $199 Million, with an option for a cash payout of $90.5 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 Fri Jan 9, 2026 |
|---|
| Draw Date | Fri Jan 9, 2026 | | Projected Jackpot | $199,000,000 | | Cash Value | $90,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $90,500,000 | | Federal Tax(24%) | $21,720,000 | | Additional Federal Tax | $11,725,330 | | State Tax(7.65%) | $6,923,250 | | Net Lumpsum Payment | $50,131,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,995,149 |
$1,068,536
$229,129 |
$1,697,484 |
| 2 |
$3,144,996 |
$1,123,979
$240,592 |
$1,780,425 |
| 3 |
$3,302,206 |
$1,182,147
$252,619 |
$1,867,440 |
| 4 |
$3,467,376 |
$1,243,260
$265,254 |
$1,958,862 |
| 5 |
$3,640,705 |
$1,307,391
$278,514 |
$2,054,800 |
| 6 |
$3,822,790 |
$1,374,763
$292,443 |
$2,155,584 |
| 7 |
$4,013,830 |
$1,445,447
$307,058 |
$2,261,325 |
| 8 |
$4,214,621 |
$1,519,740
$322,419 |
$2,372,462 |
| 9 |
$4,425,362 |
$1,597,714
$338,540 |
$2,489,108 |
| 10 |
$4,646,650 |
$1,679,591
$355,469 |
$2,611,590 |
| 11 |
$4,878,883 |
$1,765,517
$373,235 |
$2,740,131 |
| 12 |
$5,122,857 |
$1,855,787
$391,899 |
$2,875,171 |
| 13 |
$5,378,970 |
$1,950,549
$411,491 |
$3,016,930 |
| 14 |
$5,648,018 |
$2,050,097
$432,073 |
$3,165,848 |
| 15 |
$5,930,399 |
$2,154,578
$453,676 |
$3,322,145 |
| 16 |
$6,226,909 |
$2,264,287
$476,359 |
$3,486,263 |
| 17 |
$6,538,145 |
$2,379,444
$500,168 |
$3,658,533 |
| 18 |
$6,865,102 |
$2,500,418
$525,180 |
$3,839,504 |
| 19 |
$7,208,377 |
$2,627,430
$551,441 |
$4,029,506 |
| 20 |
$7,568,766 |
$2,760,774
$579,011 |
$4,228,981 |
| 21 |
$7,947,264 |
$2,900,818
$607,966 |
$4,438,480 |
| 22 |
$8,344,667 |
$3,047,857
$638,367 |
$4,658,443 |
| 23 |
$8,761,771 |
$3,202,186
$670,275 |
$4,889,310 |
| 24 |
$9,199,969 |
$3,364,319
$703,798 |
$5,131,852 |
| 25 |
$9,659,858 |
$3,534,478
$738,979 |
$5,386,401 |
| 26 |
$10,143,030 |
$3,713,251
$775,942 |
$5,653,837 |
| 27 |
$10,650,082 |
$3,900,861
$814,731 |
$5,934,490 |
| 28 |
$11,182,606 |
$4,097,895
$855,469 |
$6,229,242 |
| 29 |
$11,741,796 |
$4,304,795
$898,247 |
$6,538,754 |
| 30 |
$12,328,846 |
$4,522,003
$943,157 |
$6,863,686 |
|
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