The jackpot for the MEGA Millions draw on Tue Sep 22, 2026, is projected to be $261 Million, with an option for a cash payout of $110.5 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 Georgia residents, the state will deduct 5.75% from your lottery earnings.
| Georgia MEGA Millions Jackpot/Cash Option for Tue Sep 22, 2026 |
|---|
| Draw Date | Tue Sep 22, 2026 | | Projected Jackpot | $261,000,000 | | Cash Value | $110,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $110,500,000 | | Federal Tax(24%) | $26,520,000 | | Additional Federal Tax | $14,325,330 | | State Tax(5.75%) | $6,353,750 | | Net Lumpsum Payment | $63,300,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,928,311 |
$1,413,805
$225,878 |
$2,288,628 |
| 2 |
$4,124,844 |
$1,486,523
$237,179 |
$2,401,142 |
| 3 |
$4,331,034 |
$1,562,813
$249,034 |
$2,519,187 |
| 4 |
$4,547,664 |
$1,642,966
$261,491 |
$2,643,207 |
| 5 |
$4,774,995 |
$1,727,079
$274,562 |
$2,773,354 |
| 6 |
$5,013,810 |
$1,815,440
$288,294 |
$2,910,076 |
| 7 |
$5,264,370 |
$1,908,147
$302,701 |
$3,053,522 |
| 8 |
$5,527,719 |
$2,005,586
$317,844 |
$3,204,289 |
| 9 |
$5,804,118 |
$2,107,854
$333,737 |
$3,362,527 |
| 10 |
$6,094,350 |
$2,215,240
$350,425 |
$3,528,685 |
| 11 |
$6,398,937 |
$2,327,937
$367,939 |
$3,703,061 |
| 12 |
$6,718,923 |
$2,446,332
$386,338 |
$3,886,253 |
| 13 |
$7,054,830 |
$2,570,617
$405,653 |
$4,078,560 |
| 14 |
$7,407,702 |
$2,701,180
$425,943 |
$4,280,579 |
| 15 |
$7,778,061 |
$2,838,213
$447,239 |
$4,492,609 |
| 16 |
$8,166,951 |
$2,982,102
$469,600 |
$4,715,249 |
| 17 |
$8,575,155 |
$3,133,138
$493,071 |
$4,948,946 |
| 18 |
$9,003,978 |
$3,291,802
$517,729 |
$5,194,447 |
| 19 |
$9,454,203 |
$3,458,385
$543,617 |
$5,452,201 |
| 20 |
$9,926,874 |
$3,633,274
$570,795 |
$5,722,805 |
| 21 |
$10,423,296 |
$3,816,950
$599,340 |
$6,007,006 |
| 22 |
$10,944,513 |
$4,009,800
$629,309 |
$6,305,404 |
| 23 |
$11,491,569 |
$4,212,211
$660,765 |
$6,618,593 |
| 24 |
$12,066,291 |
$4,424,858
$693,812 |
$6,947,621 |
| 25 |
$12,669,462 |
$4,648,031
$728,494 |
$7,292,937 |
| 26 |
$13,303,170 |
$4,882,503
$764,932 |
$7,655,735 |
| 27 |
$13,968,198 |
$5,128,564
$803,171 |
$8,036,463 |
| 28 |
$14,666,634 |
$5,386,985
$843,331 |
$8,436,318 |
| 29 |
$15,400,044 |
$5,658,347
$885,503 |
$8,856,194 |
| 30 |
$16,169,994 |
$5,943,228
$929,775 |
$9,296,991 |
|
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