The jackpot for the MEGA Millions draw on Tue Apr 28, 2026, is projected to be $163 Million, with an option for a cash payout of $72.9 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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana MEGA Millions Jackpot/Cash Option for Tue Apr 28, 2026 |
|---|
| Draw Date | Tue Apr 28, 2026 | | Projected Jackpot | $163,000,000 | | Cash Value | $72,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $72,900,000 | | Federal Tax(24%) | $17,496,000 | | Additional Federal Tax | $9,437,330 | | State Tax(6.75%) | $4,920,750 | | Net Lumpsum Payment | $41,045,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,453,313 |
$868,056
$165,599 |
$1,419,658 |
| 2 |
$2,576,052 |
$913,470
$173,884 |
$1,488,698 |
| 3 |
$2,704,822 |
$961,115
$182,575 |
$1,561,132 |
| 4 |
$2,840,112 |
$1,011,172
$191,708 |
$1,637,232 |
| 5 |
$2,982,085 |
$1,063,702
$201,291 |
$1,717,092 |
| 6 |
$3,131,230 |
$1,118,885
$211,358 |
$1,800,987 |
| 7 |
$3,287,710 |
$1,176,783
$221,920 |
$1,889,007 |
| 8 |
$3,452,177 |
$1,237,636
$233,022 |
$1,981,519 |
| 9 |
$3,624,794 |
$1,301,504
$244,674 |
$2,078,616 |
| 10 |
$3,806,050 |
$1,368,569
$256,908 |
$2,180,573 |
| 11 |
$3,996,271 |
$1,438,951
$269,748 |
$2,287,572 |
| 12 |
$4,196,109 |
$1,512,891
$283,237 |
$2,399,981 |
| 13 |
$4,405,890 |
$1,590,510
$297,398 |
$2,517,982 |
| 14 |
$4,626,266 |
$1,672,049
$312,273 |
$2,641,944 |
| 15 |
$4,857,563 |
$1,757,629
$327,886 |
$2,772,048 |
| 16 |
$5,100,433 |
$1,847,491
$344,279 |
$2,908,663 |
| 17 |
$5,355,365 |
$1,941,815
$361,487 |
$3,052,063 |
| 18 |
$5,623,174 |
$2,040,905
$379,564 |
$3,202,705 |
| 19 |
$5,904,349 |
$2,144,940
$398,544 |
$3,360,865 |
| 20 |
$6,199,542 |
$2,254,161
$418,469 |
$3,526,912 |
| 21 |
$6,509,568 |
$2,368,871
$439,396 |
$3,701,301 |
| 22 |
$6,835,079 |
$2,489,310
$461,368 |
$3,884,401 |
| 23 |
$7,176,727 |
$2,615,719
$484,429 |
$4,076,579 |
| 24 |
$7,535,653 |
$2,748,522
$508,657 |
$4,278,474 |
| 25 |
$7,912,346 |
$2,887,898
$534,083 |
$4,490,365 |
| 26 |
$8,308,110 |
$3,034,331
$560,797 |
$4,712,982 |
| 27 |
$8,723,434 |
$3,188,001
$588,832 |
$4,946,601 |
| 28 |
$9,159,622 |
$3,349,391
$618,274 |
$5,191,957 |
| 29 |
$9,617,652 |
$3,518,862
$649,192 |
$5,449,598 |
| 30 |
$10,098,502 |
$3,696,776
$681,649 |
$5,720,077 |
|
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