The jackpot for the MEGA Millions draw on Fri May 15, 2026, is projected to be $251 Million, with an option for a cash payout of $112.3 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC MEGA Millions Jackpot/Cash Option for Fri May 15, 2026 |
|---|
| Draw Date | Fri May 15, 2026 | | Projected Jackpot | $251,000,000 | | Cash Value | $112,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $112,300,000 | | Federal Tax(24%) | $26,952,000 | | Additional Federal Tax | $14,559,330 | | State Tax(10.75%) | $12,072,250 | | Net Lumpsum Payment | $58,716,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,777,801 |
$1,358,117
$406,114 |
$2,013,570 |
| 2 |
$3,966,804 |
$1,428,048
$426,431 |
$2,112,325 |
| 3 |
$4,165,094 |
$1,501,415
$447,748 |
$2,215,931 |
| 4 |
$4,373,424 |
$1,578,497
$470,143 |
$2,324,784 |
| 5 |
$4,592,045 |
$1,659,387
$493,645 |
$2,439,013 |
| 6 |
$4,821,710 |
$1,744,363
$518,334 |
$2,559,013 |
| 7 |
$5,062,670 |
$1,833,518
$544,237 |
$2,684,915 |
| 8 |
$5,315,929 |
$1,927,224
$571,462 |
$2,817,243 |
| 9 |
$5,581,738 |
$2,025,573
$600,037 |
$2,956,128 |
| 10 |
$5,860,850 |
$2,128,845
$630,041 |
$3,101,964 |
| 11 |
$6,153,767 |
$2,237,224
$661,530 |
$3,255,013 |
| 12 |
$6,461,493 |
$2,351,083
$694,610 |
$3,415,800 |
| 13 |
$6,784,530 |
$2,470,606
$729,337 |
$3,584,587 |
| 14 |
$7,123,882 |
$2,596,167
$765,817 |
$3,761,898 |
| 15 |
$7,480,051 |
$2,727,949
$804,105 |
$3,947,997 |
| 16 |
$7,854,041 |
$2,866,326
$844,309 |
$4,143,406 |
| 17 |
$8,246,605 |
$3,011,574
$886,510 |
$4,348,521 |
| 18 |
$8,658,998 |
$3,164,160
$930,842 |
$4,563,996 |
| 19 |
$9,091,973 |
$3,324,360
$977,387 |
$4,790,226 |
| 20 |
$9,546,534 |
$3,492,548
$1,026,252 |
$5,027,734 |
| 21 |
$10,023,936 |
$3,669,187
$1,077,573 |
$5,277,176 |
| 22 |
$10,525,183 |
$3,854,648
$1,131,457 |
$5,539,078 |
| 23 |
$11,051,279 |
$4,049,304
$1,188,012 |
$5,813,963 |
| 24 |
$11,603,981 |
$4,253,803
$1,247,428 |
$6,102,750 |
| 25 |
$12,184,042 |
$4,468,426
$1,309,785 |
$6,405,831 |
| 26 |
$12,793,470 |
$4,693,914
$1,375,298 |
$6,724,258 |
| 27 |
$13,433,018 |
$4,930,547
$1,444,049 |
$7,058,422 |
| 28 |
$14,104,694 |
$5,179,067
$1,516,255 |
$7,409,372 |
| 29 |
$14,810,004 |
$5,440,032
$1,592,075 |
$7,777,897 |
| 30 |
$15,550,454 |
$5,713,998
$1,671,674 |
$8,164,782 |
|
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