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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina 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(6.9%) | $5,030,100 | | Net Lumpsum Payment | $40,936,570 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,453,313 |
$868,056
$169,279 |
$1,415,978 |
| 2 |
$2,576,052 |
$913,470
$177,748 |
$1,484,834 |
| 3 |
$2,704,822 |
$961,115
$186,633 |
$1,557,074 |
| 4 |
$2,840,112 |
$1,011,172
$195,968 |
$1,632,972 |
| 5 |
$2,982,085 |
$1,063,702
$205,764 |
$1,712,619 |
| 6 |
$3,131,230 |
$1,118,885
$216,055 |
$1,796,290 |
| 7 |
$3,287,710 |
$1,176,783
$226,852 |
$1,884,075 |
| 8 |
$3,452,177 |
$1,237,636
$238,200 |
$1,976,341 |
| 9 |
$3,624,794 |
$1,301,504
$250,111 |
$2,073,179 |
| 10 |
$3,806,050 |
$1,368,569
$262,617 |
$2,174,864 |
| 11 |
$3,996,271 |
$1,438,951
$275,743 |
$2,281,577 |
| 12 |
$4,196,109 |
$1,512,891
$289,532 |
$2,393,686 |
| 13 |
$4,405,890 |
$1,590,510
$304,006 |
$2,511,374 |
| 14 |
$4,626,266 |
$1,672,049
$319,212 |
$2,635,005 |
| 15 |
$4,857,563 |
$1,757,629
$335,172 |
$2,764,762 |
| 16 |
$5,100,433 |
$1,847,491
$351,930 |
$2,901,012 |
| 17 |
$5,355,365 |
$1,941,815
$369,520 |
$3,044,030 |
| 18 |
$5,623,174 |
$2,040,905
$387,999 |
$3,194,270 |
| 19 |
$5,904,349 |
$2,144,940
$407,400 |
$3,352,009 |
| 20 |
$6,199,542 |
$2,254,161
$427,768 |
$3,517,613 |
| 21 |
$6,509,568 |
$2,368,871
$449,160 |
$3,691,537 |
| 22 |
$6,835,079 |
$2,489,310
$471,620 |
$3,874,149 |
| 23 |
$7,176,727 |
$2,615,719
$495,194 |
$4,065,814 |
| 24 |
$7,535,653 |
$2,748,522
$519,960 |
$4,267,171 |
| 25 |
$7,912,346 |
$2,887,898
$545,952 |
$4,478,496 |
| 26 |
$8,308,110 |
$3,034,331
$573,260 |
$4,700,519 |
| 27 |
$8,723,434 |
$3,188,001
$601,917 |
$4,933,516 |
| 28 |
$9,159,622 |
$3,349,391
$632,014 |
$5,178,217 |
| 29 |
$9,617,652 |
$3,518,862
$663,618 |
$5,435,172 |
| 30 |
$10,098,502 |
$3,696,776
$696,797 |
$5,704,929 |
|
|
