The jackpot for the MEGA Millions draw on Tue Sep 29, 2026, is projected to be $300 Million, with an option for a cash payout of $124.1 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 Kansas residents, the state will deduct 5% from your lottery earnings.
| Kansas MEGA Millions Jackpot/Cash Option for Tue Sep 29, 2026 |
|---|
| Draw Date | Tue Sep 29, 2026 | | Projected Jackpot | $300,000,000 | | Cash Value | $124,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $124,100,000 | | Federal Tax(24%) | $29,784,000 | | Additional Federal Tax | $16,093,330 | | State Tax(5%) | $6,205,000 | | Net Lumpsum Payment | $72,017,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,515,300 |
$1,630,991
$225,765 |
$2,658,544 |
| 2 |
$4,741,200 |
$1,714,574
$237,060 |
$2,789,566 |
| 3 |
$4,978,200 |
$1,802,264
$248,910 |
$2,927,026 |
| 4 |
$5,227,200 |
$1,894,394
$261,360 |
$3,071,446 |
| 5 |
$5,488,500 |
$1,991,075
$274,425 |
$3,223,000 |
| 6 |
$5,763,000 |
$2,092,640
$288,150 |
$3,382,210 |
| 7 |
$6,051,000 |
$2,199,200
$302,550 |
$3,549,250 |
| 8 |
$6,353,700 |
$2,311,199
$317,685 |
$3,724,816 |
| 9 |
$6,671,400 |
$2,428,748
$333,570 |
$3,909,082 |
| 10 |
$7,005,000 |
$2,552,180
$350,250 |
$4,102,570 |
| 11 |
$7,355,100 |
$2,681,717
$367,755 |
$4,305,628 |
| 12 |
$7,722,900 |
$2,817,803
$386,145 |
$4,518,952 |
| 13 |
$8,109,000 |
$2,960,660
$405,450 |
$4,742,890 |
| 14 |
$8,514,600 |
$3,110,732
$425,730 |
$4,978,138 |
| 15 |
$8,940,300 |
$3,268,241
$447,015 |
$5,225,044 |
| 16 |
$9,387,300 |
$3,433,631
$469,365 |
$5,484,304 |
| 17 |
$9,856,500 |
$3,607,235
$492,825 |
$5,756,440 |
| 18 |
$10,349,400 |
$3,789,608
$517,470 |
$6,042,322 |
| 19 |
$10,866,900 |
$3,981,083
$543,345 |
$6,342,472 |
| 20 |
$11,410,200 |
$4,182,104
$570,510 |
$6,657,586 |
| 21 |
$11,980,800 |
$4,393,226
$599,040 |
$6,988,534 |
| 22 |
$12,579,900 |
$4,614,893
$628,995 |
$7,336,012 |
| 23 |
$13,208,700 |
$4,847,549
$660,435 |
$7,700,716 |
| 24 |
$13,869,300 |
$5,091,971
$693,465 |
$8,083,864 |
| 25 |
$14,562,600 |
$5,348,492
$728,130 |
$8,485,978 |
| 26 |
$15,291,000 |
$5,618,000
$764,550 |
$8,908,450 |
| 27 |
$16,055,400 |
$5,900,828
$802,770 |
$9,351,802 |
| 28 |
$16,858,200 |
$6,197,864
$842,910 |
$9,817,426 |
| 29 |
$17,701,200 |
$6,509,774
$885,060 |
$10,306,366 |
| 30 |
$18,586,200 |
$6,837,224
$929,310 |
$10,819,666 |
|
|
