The jackpot for the MEGA Millions draw on Fri Jun 12, 2026, is projected to be $413 Million, with an option for a cash payout of $182.6 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 Jun 12, 2026 |
|---|
| Draw Date | Fri Jun 12, 2026 | | Projected Jackpot | $413,000,000 | | Cash Value | $182,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $182,600,000 | | Federal Tax(24%) | $43,824,000 | | Additional Federal Tax | $23,698,330 | | State Tax(7.65%) | $13,968,900 | | Net Lumpsum Payment | $101,108,770 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,216,063 |
$2,260,274
$475,529 |
$3,480,260 |
| 2 |
$6,527,052 |
$2,375,340
$499,319 |
$3,652,393 |
| 3 |
$6,853,322 |
$2,496,060
$524,279 |
$3,832,983 |
| 4 |
$7,196,112 |
$2,622,892
$550,503 |
$4,022,717 |
| 5 |
$7,555,835 |
$2,755,989
$578,021 |
$4,221,825 |
| 6 |
$7,933,730 |
$2,895,810
$606,930 |
$4,430,990 |
| 7 |
$8,330,210 |
$3,042,508
$637,261 |
$4,650,441 |
| 8 |
$8,746,927 |
$3,196,693
$669,140 |
$4,881,094 |
| 9 |
$9,184,294 |
$3,358,519
$702,598 |
$5,123,177 |
| 10 |
$9,643,550 |
$3,528,444
$737,732 |
$5,377,374 |
| 11 |
$10,125,521 |
$3,706,773
$774,602 |
$5,644,146 |
| 12 |
$10,631,859 |
$3,894,118
$813,337 |
$5,924,404 |
| 13 |
$11,163,390 |
$4,090,785
$853,999 |
$6,218,606 |
| 14 |
$11,721,766 |
$4,297,384
$896,715 |
$6,527,667 |
| 15 |
$12,307,813 |
$4,514,221
$941,548 |
$6,852,044 |
| 16 |
$12,923,183 |
$4,741,908
$988,623 |
$7,192,652 |
| 17 |
$13,569,115 |
$4,980,903
$1,038,037 |
$7,550,175 |
| 18 |
$14,247,674 |
$5,231,970
$1,089,947 |
$7,925,757 |
| 19 |
$14,960,099 |
$5,495,567
$1,144,448 |
$8,320,084 |
| 20 |
$15,708,042 |
$5,772,306
$1,201,665 |
$8,734,071 |
| 21 |
$16,493,568 |
$6,062,951
$1,261,758 |
$9,168,859 |
| 22 |
$17,318,329 |
$6,368,112
$1,324,852 |
$9,625,365 |
| 23 |
$18,183,977 |
$6,688,402
$1,391,074 |
$10,104,501 |
| 24 |
$19,093,403 |
$7,024,889
$1,460,645 |
$10,607,869 |
| 25 |
$20,047,846 |
$7,378,033
$1,533,660 |
$11,136,153 |
| 26 |
$21,050,610 |
$7,749,056
$1,610,372 |
$11,691,182 |
| 27 |
$22,102,934 |
$8,138,416
$1,690,874 |
$12,273,644 |
| 28 |
$23,208,122 |
$8,547,336
$1,775,421 |
$12,885,365 |
| 29 |
$24,368,652 |
$8,976,732
$1,864,202 |
$13,527,718 |
| 30 |
$25,587,002 |
$9,427,521
$1,957,406 |
$14,202,075 |
|
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