The jackpot for the MEGA Millions draw on Tue Sep 8, 2026, is projected to be $193 Million, with an option for a cash payout of $82.8 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 8, 2026 |
|---|
| Draw Date | Tue Sep 8, 2026 | | Projected Jackpot | $193,000,000 | | Cash Value | $82,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $82,800,000 | | Federal Tax(24%) | $19,872,000 | | Additional Federal Tax | $10,724,330 | | State Tax(7.65%) | $6,334,200 | | Net Lumpsum Payment | $45,869,470 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,904,843 |
$1,035,122
$222,220 |
$1,647,501 |
| 2 |
$3,050,172 |
$1,088,894
$233,338 |
$1,727,940 |
| 3 |
$3,202,642 |
$1,145,308
$245,002 |
$1,812,332 |
| 4 |
$3,362,832 |
$1,204,578
$257,257 |
$1,900,997 |
| 5 |
$3,530,935 |
$1,266,776
$270,117 |
$1,994,042 |
| 6 |
$3,707,530 |
$1,332,116
$283,626 |
$2,091,788 |
| 7 |
$3,892,810 |
$1,400,670
$297,800 |
$2,194,340 |
| 8 |
$4,087,547 |
$1,472,723
$312,697 |
$2,302,127 |
| 9 |
$4,291,934 |
$1,548,346
$328,333 |
$2,415,255 |
| 10 |
$4,506,550 |
$1,627,754
$344,751 |
$2,534,045 |
| 11 |
$4,731,781 |
$1,711,089
$361,981 |
$2,658,711 |
| 12 |
$4,968,399 |
$1,798,638
$380,083 |
$2,789,678 |
| 13 |
$5,216,790 |
$1,890,543
$399,084 |
$2,927,163 |
| 14 |
$5,477,726 |
$1,987,089
$419,046 |
$3,071,591 |
| 15 |
$5,751,593 |
$2,088,420
$439,997 |
$3,223,176 |
| 16 |
$6,039,163 |
$2,194,821
$461,996 |
$3,382,346 |
| 17 |
$6,341,015 |
$2,306,506
$485,088 |
$3,549,421 |
| 18 |
$6,658,114 |
$2,423,833
$509,346 |
$3,724,935 |
| 19 |
$6,991,039 |
$2,547,015
$534,814 |
$3,909,210 |
| 20 |
$7,340,562 |
$2,676,338
$561,553 |
$4,102,671 |
| 21 |
$7,707,648 |
$2,812,160
$589,635 |
$4,305,853 |
| 22 |
$8,093,069 |
$2,954,766
$619,120 |
$4,519,183 |
| 23 |
$8,497,597 |
$3,104,441
$650,066 |
$4,743,090 |
| 24 |
$8,922,583 |
$3,261,686
$682,578 |
$4,978,319 |
| 25 |
$9,368,606 |
$3,426,715
$716,698 |
$5,225,193 |
| 26 |
$9,837,210 |
$3,600,098
$752,547 |
$5,484,565 |
| 27 |
$10,328,974 |
$3,782,051
$790,167 |
$5,756,756 |
| 28 |
$10,845,442 |
$3,973,144
$829,676 |
$6,042,622 |
| 29 |
$11,387,772 |
$4,173,806
$871,165 |
$6,342,801 |
| 30 |
$11,957,122 |
$4,384,466
$914,720 |
$6,657,936 |
|
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