The jackpot for the MEGA Millions draw on Fri Nov 13, 2026, is projected to be $555 Million, with an option for a cash payout of $235.2 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 Connecticut residents, the state will deduct 6.99% from your lottery earnings.
| Connecticut MEGA Millions Jackpot/Cash Option for Fri Nov 13, 2026 |
|---|
| Draw Date | Fri Nov 13, 2026 | | Projected Jackpot | $555,000,000 | | Cash Value | $235,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $235,200,000 | | Federal Tax(24%) | $56,448,000 | | Additional Federal Tax | $30,536,330 | | State Tax(6.99%) | $16,440,480 | | Net Lumpsum Payment | $131,775,190 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,353,305 |
$3,051,053 $583,896 |
$4,718,356 |
| 2 |
$8,771,220 |
$3,205,682 $613,108 |
$4,952,430 |
| 3 |
$9,209,670 |
$3,367,908 $643,756 |
$5,198,006 |
| 4 |
$9,670,320 |
$3,538,349 $675,955 |
$5,456,016 |
| 5 |
$10,153,725 |
$3,717,209 $709,745 |
$5,726,771 |
| 6 |
$10,661,550 |
$3,905,104 $745,242 |
$6,011,204 |
| 7 |
$11,194,350 |
$4,102,240 $782,485 |
$6,309,625 |
| 8 |
$11,754,345 |
$4,309,438 $821,629 |
$6,623,278 |
| 9 |
$12,342,090 |
$4,526,904 $862,712 |
$6,952,474 |
| 10 |
$12,959,250 |
$4,755,253 $905,852 |
$7,298,145 |
| 11 |
$13,606,935 |
$4,994,896 $951,125 |
$7,660,914 |
| 12 |
$14,287,365 |
$5,246,655 $998,687 |
$8,042,023 |
| 13 |
$15,001,650 |
$5,510,941 $1,048,615 |
$8,442,094 |
| 14 |
$15,752,010 |
$5,788,574 $1,101,065 |
$8,862,371 |
| 15 |
$16,539,555 |
$6,079,966 $1,156,115 |
$9,303,474 |
| 16 |
$17,366,505 |
$6,385,937 $1,213,919 |
$9,766,649 |
| 17 |
$18,234,525 |
$6,707,105 $1,274,593 |
$10,252,827 |
| 18 |
$19,146,390 |
$7,044,495 $1,338,333 |
$10,763,562 |
| 19 |
$20,103,765 |
$7,398,723 $1,405,253 |
$11,299,789 |
| 20 |
$21,108,870 |
$7,770,612 $1,475,510 |
$11,862,748 |
| 21 |
$22,164,480 |
$8,161,188 $1,549,297 |
$12,453,995 |
| 22 |
$23,272,815 |
$8,571,272 $1,626,770 |
$13,074,773 |
| 23 |
$24,436,095 |
$9,001,686 $1,708,083 |
$13,726,326 |
| 24 |
$25,658,205 |
$9,453,866 $1,793,509 |
$14,410,830 |
| 25 |
$26,940,810 |
$9,928,430 $1,883,163 |
$15,129,217 |
| 26 |
$28,288,350 |
$10,427,020 $1,977,356 |
$15,883,974 |
| 27 |
$29,702,490 |
$10,950,252 $2,076,204 |
$16,676,034 |
| 28 |
$31,187,670 |
$11,499,768 $2,180,018 |
$17,507,884 |
| 29 |
$32,747,220 |
$12,076,802 $2,289,031 |
$18,381,387 |
| 30 |
$34,384,470 |
$12,682,584 $2,403,474 |
$19,298,412 |
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