The jackpot for the MEGA Millions draw on Fri Oct 2, 2026, is projected to be $321 Million, with an option for a cash payout of $131.1 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 Delaware, the bright side is you won't have to pay any state taxes on your lottery prize.
| Delaware MEGA Millions Jackpot/Cash Option for Fri Oct 2, 2026 |
|---|
| Draw Date | Fri Oct 2, 2026 | | Projected Jackpot | $321,000,000 | | Cash Value | $131,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $131,100,000 | | Federal Tax(24%) | $31,464,000 | | Additional Federal Tax | $17,003,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $82,632,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,831,371 |
$1,747,938
$0 |
$3,083,433 |
| 2 |
$5,073,084 |
$1,837,371
$0 |
$3,235,713 |
| 3 |
$5,326,674 |
$1,931,200
$0 |
$3,395,474 |
| 4 |
$5,593,104 |
$2,029,779
$0 |
$3,563,325 |
| 5 |
$5,872,695 |
$2,133,228
$0 |
$3,739,467 |
| 6 |
$6,166,410 |
$2,241,902
$0 |
$3,924,508 |
| 7 |
$6,474,570 |
$2,355,921
$0 |
$4,118,649 |
| 8 |
$6,798,459 |
$2,475,760
$0 |
$4,322,699 |
| 9 |
$7,138,398 |
$2,601,538
$0 |
$4,536,860 |
| 10 |
$7,495,350 |
$2,733,610
$0 |
$4,761,740 |
| 11 |
$7,869,957 |
$2,872,214
$0 |
$4,997,743 |
| 12 |
$8,263,503 |
$3,017,826
$0 |
$5,245,677 |
| 13 |
$8,676,630 |
$3,170,683
$0 |
$5,505,947 |
| 14 |
$9,110,622 |
$3,331,261
$0 |
$5,779,361 |
| 15 |
$9,566,121 |
$3,499,795
$0 |
$6,066,326 |
| 16 |
$10,044,411 |
$3,676,762
$0 |
$6,367,649 |
| 17 |
$10,546,455 |
$3,862,519
$0 |
$6,683,936 |
| 18 |
$11,073,858 |
$4,057,658
$0 |
$7,016,200 |
| 19 |
$11,627,583 |
$4,262,536
$0 |
$7,365,047 |
| 20 |
$12,208,914 |
$4,477,629
$0 |
$7,731,285 |
| 21 |
$12,819,456 |
$4,703,529
$0 |
$8,115,927 |
| 22 |
$13,460,493 |
$4,940,713
$0 |
$8,519,780 |
| 23 |
$14,133,309 |
$5,189,655
$0 |
$8,943,654 |
| 24 |
$14,840,151 |
$5,451,186
$0 |
$9,388,965 |
| 25 |
$15,581,982 |
$5,725,664
$0 |
$9,856,318 |
| 26 |
$16,361,370 |
$6,014,037
$0 |
$10,347,333 |
| 27 |
$17,179,278 |
$6,316,663
$0 |
$10,862,615 |
| 28 |
$18,038,274 |
$6,634,492
$0 |
$11,403,782 |
| 29 |
$18,940,284 |
$6,968,235
$0 |
$11,972,049 |
| 30 |
$19,887,234 |
$7,318,607
$0 |
$12,568,627 |
|
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