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 New York residents, the state will deduct 8.82% from your lottery earnings.
| New York 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(8.82%) | $20,744,640 | | Net Lumpsum Payment | $127,471,030 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,353,305 |
$3,051,053
$736,762 |
$4,565,490 |
| 2 |
$8,771,220 |
$3,205,682
$773,622 |
$4,791,916 |
| 3 |
$9,209,670 |
$3,367,908
$812,293 |
$5,029,469 |
| 4 |
$9,670,320 |
$3,538,349
$852,922 |
$5,279,049 |
| 5 |
$10,153,725 |
$3,717,209
$895,559 |
$5,540,957 |
| 6 |
$10,661,550 |
$3,905,104
$940,349 |
$5,816,097 |
| 7 |
$11,194,350 |
$4,102,240
$987,342 |
$6,104,768 |
| 8 |
$11,754,345 |
$4,309,438
$1,036,733 |
$6,408,174 |
| 9 |
$12,342,090 |
$4,526,904
$1,088,572 |
$6,726,614 |
| 10 |
$12,959,250 |
$4,755,253
$1,143,006 |
$7,060,991 |
| 11 |
$13,606,935 |
$4,994,896
$1,200,132 |
$7,411,907 |
| 12 |
$14,287,365 |
$5,246,655
$1,260,146 |
$7,780,564 |
| 13 |
$15,001,650 |
$5,510,941
$1,323,146 |
$8,167,563 |
| 14 |
$15,752,010 |
$5,788,574
$1,389,327 |
$8,574,109 |
| 15 |
$16,539,555 |
$6,079,966
$1,458,789 |
$9,000,800 |
| 16 |
$17,366,505 |
$6,385,937
$1,531,726 |
$9,448,842 |
| 17 |
$18,234,525 |
$6,707,105
$1,608,285 |
$9,919,135 |
| 18 |
$19,146,390 |
$7,044,495
$1,688,712 |
$10,413,183 |
| 19 |
$20,103,765 |
$7,398,723
$1,773,152 |
$10,931,890 |
| 20 |
$21,108,870 |
$7,770,612
$1,861,802 |
$11,476,456 |
| 21 |
$22,164,480 |
$8,161,188
$1,954,907 |
$12,048,385 |
| 22 |
$23,272,815 |
$8,571,272
$2,052,662 |
$12,648,881 |
| 23 |
$24,436,095 |
$9,001,686
$2,155,264 |
$13,279,145 |
| 24 |
$25,658,205 |
$9,453,866
$2,263,054 |
$13,941,285 |
| 25 |
$26,940,810 |
$9,928,430
$2,376,179 |
$14,636,201 |
| 26 |
$28,288,350 |
$10,427,020
$2,495,032 |
$15,366,298 |
| 27 |
$29,702,490 |
$10,950,252
$2,619,760 |
$16,132,478 |
| 28 |
$31,187,670 |
$11,499,768
$2,750,752 |
$16,937,150 |
| 29 |
$32,747,220 |
$12,076,802
$2,888,305 |
$17,782,113 |
| 30 |
$34,384,470 |
$12,682,584
$3,032,710 |
$18,669,176 |
|
|
