The jackpot for the MEGA Millions draw on Tue Sep 15, 2026, is projected to be $227 Million, with an option for a cash payout of $96.3 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 Tue Sep 15, 2026 |
|---|
| Draw Date | Tue Sep 15, 2026 | | Projected Jackpot | $227,000,000 | | Cash Value | $96,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $96,300,000 | | Federal Tax(24%) | $23,112,000 | | Additional Federal Tax | $12,479,330 | | State Tax(6.99%) | $6,731,370 | | Net Lumpsum Payment | $53,977,300 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,416,577 |
$1,224,464
$238,819 |
$1,953,294 |
| 2 |
$3,587,508 |
$1,287,708
$250,767 |
$2,049,033 |
| 3 |
$3,766,838 |
$1,354,060
$263,302 |
$2,149,476 |
| 4 |
$3,955,248 |
$1,423,772
$276,472 |
$2,255,004 |
| 5 |
$4,152,965 |
$1,496,927
$290,292 |
$2,365,746 |
| 6 |
$4,360,670 |
$1,573,778
$304,811 |
$2,482,081 |
| 7 |
$4,578,590 |
$1,654,409
$320,043 |
$2,604,138 |
| 8 |
$4,807,633 |
$1,739,155
$336,054 |
$2,732,424 |
| 9 |
$5,048,026 |
$1,828,100
$352,857 |
$2,867,069 |
| 10 |
$5,300,450 |
$1,921,497
$370,501 |
$3,008,452 |
| 11 |
$5,565,359 |
$2,019,513
$389,019 |
$3,156,827 |
| 12 |
$5,843,661 |
$2,122,485
$408,472 |
$3,312,704 |
| 13 |
$6,135,810 |
$2,230,580
$428,893 |
$3,476,337 |
| 14 |
$6,442,714 |
$2,344,135
$450,346 |
$3,648,233 |
| 15 |
$6,764,827 |
$2,463,316
$472,861 |
$3,828,650 |
| 16 |
$7,103,057 |
$2,588,461
$496,504 |
$4,018,092 |
| 17 |
$7,458,085 |
$2,719,822
$521,320 |
$4,216,943 |
| 18 |
$7,831,046 |
$2,857,817
$547,390 |
$4,425,839 |
| 19 |
$8,222,621 |
$3,002,700
$574,761 |
$4,645,160 |
| 20 |
$8,633,718 |
$3,154,806
$603,497 |
$4,875,415 |
| 21 |
$9,065,472 |
$3,314,555
$633,676 |
$5,117,241 |
| 22 |
$9,518,791 |
$3,482,283
$665,363 |
$5,371,145 |
| 23 |
$9,994,583 |
$3,658,326
$698,621 |
$5,637,636 |
| 24 |
$10,494,437 |
$3,843,272
$733,561 |
$5,917,604 |
| 25 |
$11,019,034 |
$4,037,373
$770,230 |
$6,211,431 |
| 26 |
$11,570,190 |
$4,241,301
$808,756 |
$6,520,133 |
| 27 |
$12,148,586 |
$4,455,307
$849,186 |
$6,844,093 |
| 28 |
$12,756,038 |
$4,680,064
$891,647 |
$7,184,327 |
| 29 |
$13,393,908 |
$4,916,076
$936,234 |
$7,541,598 |
| 30 |
$14,063,558 |
$5,163,847
$983,043 |
$7,916,668 |
|
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