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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania 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(3.07%) | $7,091,700 | | Net Lumpsum Payment | $138,477,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,691,061 |
$2,806,023
$236,116 |
$4,648,922 |
| 2 |
$8,075,844 |
$2,948,393
$247,928 |
$4,879,523 |
| 3 |
$8,479,534 |
$3,097,758
$260,322 |
$5,121,454 |
| 4 |
$8,903,664 |
$3,254,686
$273,342 |
$5,375,636 |
| 5 |
$9,348,745 |
$3,419,366
$287,006 |
$5,642,373 |
| 6 |
$9,816,310 |
$3,592,365
$301,361 |
$5,922,584 |
| 7 |
$10,306,870 |
$3,773,872
$316,421 |
$6,216,577 |
| 8 |
$10,822,469 |
$3,964,644
$332,250 |
$6,525,575 |
| 9 |
$11,363,618 |
$4,164,869
$348,863 |
$6,849,886 |
| 10 |
$11,931,850 |
$4,375,115
$366,308 |
$7,190,427 |
| 11 |
$12,528,187 |
$4,595,760
$384,615 |
$7,547,812 |
| 12 |
$13,154,673 |
$4,827,559
$403,848 |
$7,923,266 |
| 13 |
$13,812,330 |
$5,070,892
$424,039 |
$8,317,399 |
| 14 |
$14,503,202 |
$5,326,515
$445,248 |
$8,731,439 |
| 15 |
$15,228,311 |
$5,594,805
$467,509 |
$9,165,997 |
| 16 |
$15,989,701 |
$5,876,520
$490,884 |
$9,622,297 |
| 17 |
$16,788,905 |
$6,172,225
$515,419 |
$10,101,261 |
| 18 |
$17,628,478 |
$6,482,867
$541,194 |
$10,604,417 |
| 19 |
$18,509,953 |
$6,809,013
$568,256 |
$11,132,684 |
| 20 |
$19,435,374 |
$7,151,419
$596,666 |
$11,687,289 |
| 21 |
$20,407,296 |
$7,511,030
$626,504 |
$12,269,762 |
| 22 |
$21,427,763 |
$7,888,603
$657,832 |
$12,881,328 |
| 23 |
$22,498,819 |
$8,284,893
$690,714 |
$13,523,212 |
| 24 |
$23,624,041 |
$8,701,226
$725,258 |
$14,197,557 |
| 25 |
$24,804,962 |
$9,138,166
$761,512 |
$14,905,284 |
| 26 |
$26,045,670 |
$9,597,228
$799,602 |
$15,648,840 |
| 27 |
$27,347,698 |
$10,078,979
$839,574 |
$16,429,145 |
| 28 |
$28,715,134 |
$10,584,930
$881,555 |
$17,248,649 |
| 29 |
$30,151,044 |
$11,116,217
$925,637 |
$18,109,190 |
| 30 |
$31,658,494 |
$11,673,973
$971,916 |
$19,012,605 |
|
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