The jackpot for the MEGA Millions draw on Tue Mar 10, 2026, is projected to be $533 Million, with an option for a cash payout of $244.2 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 Massachusetts residents, the state will deduct 5% from your lottery earnings.
| Massachusetts MEGA Millions Jackpot/Cash Option for Tue Mar 10, 2026 |
|---|
| Draw Date | Tue Mar 10, 2026 | | Projected Jackpot | $533,000,000 | | Cash Value | $244,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $244,200,000 | | Federal Tax(24%) | $58,608,000 | | Additional Federal Tax | $31,706,330 | | State Tax(5%) | $12,210,000 | | Net Lumpsum Payment | $141,675,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,022,183 |
$2,928,538
$401,109 |
$4,692,536 |
| 2 |
$8,423,532 |
$3,077,037
$421,177 |
$4,925,318 |
| 3 |
$8,844,602 |
$3,232,833
$442,230 |
$5,169,539 |
| 4 |
$9,286,992 |
$3,396,517
$464,350 |
$5,426,125 |
| 5 |
$9,751,235 |
$3,568,287
$487,562 |
$5,695,386 |
| 6 |
$10,238,930 |
$3,748,734
$511,947 |
$5,978,249 |
| 7 |
$10,750,610 |
$3,938,056
$537,531 |
$6,275,023 |
| 8 |
$11,288,407 |
$4,137,041
$564,420 |
$6,586,946 |
| 9 |
$11,852,854 |
$4,345,886
$592,643 |
$6,914,325 |
| 10 |
$12,445,550 |
$4,565,184
$622,278 |
$7,258,088 |
| 11 |
$13,067,561 |
$4,795,328
$653,378 |
$7,618,855 |
| 12 |
$13,721,019 |
$5,037,107
$686,051 |
$7,997,861 |
| 13 |
$14,406,990 |
$5,290,917
$720,350 |
$8,395,723 |
| 14 |
$15,127,606 |
$5,557,545
$756,380 |
$8,813,681 |
| 15 |
$15,883,933 |
$5,837,386
$794,197 |
$9,252,350 |
| 16 |
$16,678,103 |
$6,131,228
$833,905 |
$9,712,970 |
| 17 |
$17,511,715 |
$6,439,665
$875,586 |
$10,196,464 |
| 18 |
$18,387,434 |
$6,763,681
$919,372 |
$10,704,381 |
| 19 |
$19,306,859 |
$7,103,868
$965,343 |
$11,237,648 |
| 20 |
$20,272,122 |
$7,461,016
$1,013,606 |
$11,797,500 |
| 21 |
$21,285,888 |
$7,836,109
$1,064,294 |
$12,385,485 |
| 22 |
$22,350,289 |
$8,229,937
$1,117,514 |
$13,002,838 |
| 23 |
$23,467,457 |
$8,643,289
$1,173,373 |
$13,650,795 |
| 24 |
$24,641,123 |
$9,077,546
$1,232,056 |
$14,331,521 |
| 25 |
$25,872,886 |
$9,533,298
$1,293,644 |
$15,045,944 |
| 26 |
$27,167,010 |
$10,012,124
$1,358,351 |
$15,796,535 |
| 27 |
$28,525,094 |
$10,514,615
$1,426,255 |
$16,584,224 |
| 28 |
$29,951,402 |
$11,042,349
$1,497,570 |
$17,411,483 |
| 29 |
$31,449,132 |
$11,596,509
$1,572,457 |
$18,280,166 |
| 30 |
$33,021,482 |
$12,178,279
$1,651,074 |
$19,192,129 |
|
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