The jackpot for the MEGA Millions draw on Fri Nov 13, 2026, is projected to be $555 Million, with an option for a cash payout of $235.2 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky MEGA Millions Jackpot/Cash Option for Fri Nov 13, 2026 |
|---|
| Draw Date | Fri Nov 13, 2026 | | Projected Jackpot | $555,000,000 | | Cash Value | $235,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $235,200,000 | | Federal Tax(24%) | $56,448,000 | | Additional Federal Tax | $30,536,330 | | State Tax(4.5%) | $10,584,000 | | Net Lumpsum Payment | $137,631,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,353,305 |
$3,051,053
$375,899 |
$4,926,353 |
| 2 |
$8,771,220 |
$3,205,682
$394,705 |
$5,170,833 |
| 3 |
$9,209,670 |
$3,367,908
$414,435 |
$5,427,327 |
| 4 |
$9,670,320 |
$3,538,349
$435,164 |
$5,696,807 |
| 5 |
$10,153,725 |
$3,717,209
$456,918 |
$5,979,598 |
| 6 |
$10,661,550 |
$3,905,104
$479,770 |
$6,276,676 |
| 7 |
$11,194,350 |
$4,102,240
$503,746 |
$6,588,364 |
| 8 |
$11,754,345 |
$4,309,438
$528,946 |
$6,915,961 |
| 9 |
$12,342,090 |
$4,526,904
$555,394 |
$7,259,792 |
| 10 |
$12,959,250 |
$4,755,253
$583,166 |
$7,620,831 |
| 11 |
$13,606,935 |
$4,994,896
$612,312 |
$7,999,727 |
| 12 |
$14,287,365 |
$5,246,655
$642,931 |
$8,397,779 |
| 13 |
$15,001,650 |
$5,510,941
$675,074 |
$8,815,635 |
| 14 |
$15,752,010 |
$5,788,574
$708,840 |
$9,254,596 |
| 15 |
$16,539,555 |
$6,079,966
$744,280 |
$9,715,309 |
| 16 |
$17,366,505 |
$6,385,937
$781,493 |
$10,199,075 |
| 17 |
$18,234,525 |
$6,707,105
$820,554 |
$10,706,866 |
| 18 |
$19,146,390 |
$7,044,495
$861,588 |
$11,240,307 |
| 19 |
$20,103,765 |
$7,398,723
$904,669 |
$11,800,373 |
| 20 |
$21,108,870 |
$7,770,612
$949,899 |
$12,388,359 |
| 21 |
$22,164,480 |
$8,161,188
$997,402 |
$13,005,890 |
| 22 |
$23,272,815 |
$8,571,272
$1,047,277 |
$13,654,266 |
| 23 |
$24,436,095 |
$9,001,686
$1,099,624 |
$14,334,785 |
| 24 |
$25,658,205 |
$9,453,866
$1,154,619 |
$15,049,720 |
| 25 |
$26,940,810 |
$9,928,430
$1,212,336 |
$15,800,044 |
| 26 |
$28,288,350 |
$10,427,020
$1,272,976 |
$16,588,354 |
| 27 |
$29,702,490 |
$10,950,252
$1,336,612 |
$17,415,626 |
| 28 |
$31,187,670 |
$11,499,768
$1,403,445 |
$18,284,457 |
| 29 |
$32,747,220 |
$12,076,802
$1,473,625 |
$19,196,793 |
| 30 |
$34,384,470 |
$12,682,584
$1,547,301 |
$20,154,585 |
|
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