The jackpot for the MEGA Millions draw on Tue Jun 30, 2026, is projected to be $511 Million, with an option for a cash payout of $231 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 Maine residents, the state will deduct 5% from your lottery earnings.
| Maine MEGA Millions Jackpot/Cash Option for Tue Jun 30, 2026 |
|---|
| Draw Date | Tue Jun 30, 2026 | | Projected Jackpot | $511,000,000 | | Cash Value | $231,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $231,000,000 | | Federal Tax(24%) | $55,440,000 | | Additional Federal Tax | $29,990,330 | | State Tax(5%) | $11,550,000 | | Net Lumpsum Payment | $134,019,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,691,061 |
$2,806,023
$384,553 |
$4,500,485 |
| 2 |
$8,075,844 |
$2,948,393
$403,792 |
$4,723,659 |
| 3 |
$8,479,534 |
$3,097,758
$423,977 |
$4,957,799 |
| 4 |
$8,903,664 |
$3,254,686
$445,183 |
$5,203,795 |
| 5 |
$9,348,745 |
$3,419,366
$467,437 |
$5,461,942 |
| 6 |
$9,816,310 |
$3,592,365
$490,816 |
$5,733,129 |
| 7 |
$10,306,870 |
$3,773,872
$515,344 |
$6,017,654 |
| 8 |
$10,822,469 |
$3,964,644
$541,123 |
$6,316,702 |
| 9 |
$11,363,618 |
$4,164,869
$568,181 |
$6,630,568 |
| 10 |
$11,931,850 |
$4,375,115
$596,593 |
$6,960,142 |
| 11 |
$12,528,187 |
$4,595,760
$626,409 |
$7,306,018 |
| 12 |
$13,154,673 |
$4,827,559
$657,734 |
$7,669,380 |
| 13 |
$13,812,330 |
$5,070,892
$690,617 |
$8,050,821 |
| 14 |
$14,503,202 |
$5,326,515
$725,160 |
$8,451,527 |
| 15 |
$15,228,311 |
$5,594,805
$761,416 |
$8,872,090 |
| 16 |
$15,989,701 |
$5,876,520
$799,485 |
$9,313,696 |
| 17 |
$16,788,905 |
$6,172,225
$839,445 |
$9,777,235 |
| 18 |
$17,628,478 |
$6,482,867
$881,424 |
$10,264,187 |
| 19 |
$18,509,953 |
$6,809,013
$925,498 |
$10,775,442 |
| 20 |
$19,435,374 |
$7,151,419
$971,769 |
$11,312,186 |
| 21 |
$20,407,296 |
$7,511,030
$1,020,365 |
$11,875,901 |
| 22 |
$21,427,763 |
$7,888,603
$1,071,388 |
$12,467,772 |
| 23 |
$22,498,819 |
$8,284,893
$1,124,941 |
$13,088,985 |
| 24 |
$23,624,041 |
$8,701,226
$1,181,202 |
$13,741,613 |
| 25 |
$24,804,962 |
$9,138,166
$1,240,248 |
$14,426,548 |
| 26 |
$26,045,670 |
$9,597,228
$1,302,284 |
$15,146,158 |
| 27 |
$27,347,698 |
$10,078,979
$1,367,385 |
$15,901,334 |
| 28 |
$28,715,134 |
$10,584,930
$1,435,757 |
$16,694,447 |
| 29 |
$30,151,044 |
$11,116,217
$1,507,552 |
$17,527,275 |
| 30 |
$31,658,494 |
$11,673,973
$1,582,925 |
$18,401,596 |
|
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