The jackpot for the MEGA Millions draw on Fri Jun 26, 2026, is projected to be $489 Million, with an option for a cash payout of $220.9 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 those living in Wyoming, the bright side is you won't have to pay any state taxes on your lottery prize.
| Wyoming MEGA Millions Jackpot/Cash Option for Fri Jun 26, 2026 |
|---|
| Draw Date | Fri Jun 26, 2026 | | Projected Jackpot | $489,000,000 | | Cash Value | $220,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $220,900,000 | | Federal Tax(24%) | $53,016,000 | | Additional Federal Tax | $28,677,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $139,206,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,359,939 |
$2,683,508
$0 |
$4,676,431 |
| 2 |
$7,728,156 |
$2,819,748
$0 |
$4,908,408 |
| 3 |
$8,114,466 |
$2,962,683
$0 |
$5,151,783 |
| 4 |
$8,520,336 |
$3,112,855
$0 |
$5,407,481 |
| 5 |
$8,946,255 |
$3,270,445
$0 |
$5,675,810 |
| 6 |
$9,393,690 |
$3,435,996
$0 |
$5,957,694 |
| 7 |
$9,863,130 |
$3,609,688
$0 |
$6,253,442 |
| 8 |
$10,356,531 |
$3,792,247
$0 |
$6,564,284 |
| 9 |
$10,874,382 |
$3,983,852
$0 |
$6,890,530 |
| 10 |
$11,418,150 |
$4,185,046
$0 |
$7,233,104 |
| 11 |
$11,988,813 |
$4,396,191
$0 |
$7,592,622 |
| 12 |
$12,588,327 |
$4,618,011
$0 |
$7,970,316 |
| 13 |
$13,217,670 |
$4,850,868
$0 |
$8,366,802 |
| 14 |
$13,878,798 |
$5,095,486
$0 |
$8,783,312 |
| 15 |
$14,572,689 |
$5,352,225
$0 |
$9,220,464 |
| 16 |
$15,301,299 |
$5,621,811
$0 |
$9,679,488 |
| 17 |
$16,066,095 |
$5,904,786
$0 |
$10,161,309 |
| 18 |
$16,869,522 |
$6,202,054
$0 |
$10,667,468 |
| 19 |
$17,713,047 |
$6,514,158
$0 |
$11,198,889 |
| 20 |
$18,598,626 |
$6,841,822
$0 |
$11,756,804 |
| 21 |
$19,528,704 |
$7,185,951
$0 |
$12,342,753 |
| 22 |
$20,505,237 |
$7,547,268
$0 |
$12,957,969 |
| 23 |
$21,530,181 |
$7,926,497
$0 |
$13,603,684 |
| 24 |
$22,606,959 |
$8,324,905
$0 |
$14,282,054 |
| 25 |
$23,737,038 |
$8,743,034
$0 |
$14,994,004 |
| 26 |
$24,924,330 |
$9,182,332
$0 |
$15,741,998 |
| 27 |
$26,170,302 |
$9,643,342
$0 |
$16,526,960 |
| 28 |
$27,478,866 |
$10,127,511
$0 |
$17,351,355 |
| 29 |
$28,852,956 |
$10,635,924
$0 |
$18,217,032 |
| 30 |
$30,295,506 |
$11,169,668
$0 |
$19,125,838 |
|
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