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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin 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(7.65%) | $17,671,500 | | Net Lumpsum Payment | $127,898,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,691,061 |
$2,806,023
$588,366 |
$4,296,672 |
| 2 |
$8,075,844 |
$2,948,393
$617,802 |
$4,509,649 |
| 3 |
$8,479,534 |
$3,097,758
$648,684 |
$4,733,092 |
| 4 |
$8,903,664 |
$3,254,686
$681,130 |
$4,967,848 |
| 5 |
$9,348,745 |
$3,419,366
$715,179 |
$5,214,200 |
| 6 |
$9,816,310 |
$3,592,365
$750,948 |
$5,472,997 |
| 7 |
$10,306,870 |
$3,773,872
$788,476 |
$5,744,522 |
| 8 |
$10,822,469 |
$3,964,644
$827,919 |
$6,029,906 |
| 9 |
$11,363,618 |
$4,164,869
$869,317 |
$6,329,432 |
| 10 |
$11,931,850 |
$4,375,115
$912,787 |
$6,643,948 |
| 11 |
$12,528,187 |
$4,595,760
$958,406 |
$6,974,021 |
| 12 |
$13,154,673 |
$4,827,559
$1,006,332 |
$7,320,782 |
| 13 |
$13,812,330 |
$5,070,892
$1,056,643 |
$7,684,795 |
| 14 |
$14,503,202 |
$5,326,515
$1,109,495 |
$8,067,192 |
| 15 |
$15,228,311 |
$5,594,805
$1,164,966 |
$8,468,540 |
| 16 |
$15,989,701 |
$5,876,520
$1,223,212 |
$8,889,969 |
| 17 |
$16,788,905 |
$6,172,225
$1,284,351 |
$9,332,329 |
| 18 |
$17,628,478 |
$6,482,867
$1,348,579 |
$9,797,032 |
| 19 |
$18,509,953 |
$6,809,013
$1,416,011 |
$10,284,929 |
| 20 |
$19,435,374 |
$7,151,419
$1,486,806 |
$10,797,149 |
| 21 |
$20,407,296 |
$7,511,030
$1,561,158 |
$11,335,108 |
| 22 |
$21,427,763 |
$7,888,603
$1,639,224 |
$11,899,936 |
| 23 |
$22,498,819 |
$8,284,893
$1,721,160 |
$12,492,766 |
| 24 |
$23,624,041 |
$8,701,226
$1,807,239 |
$13,115,576 |
| 25 |
$24,804,962 |
$9,138,166
$1,897,580 |
$13,769,216 |
| 26 |
$26,045,670 |
$9,597,228
$1,992,494 |
$14,455,948 |
| 27 |
$27,347,698 |
$10,078,979
$2,092,099 |
$15,176,620 |
| 28 |
$28,715,134 |
$10,584,930
$2,196,708 |
$15,933,496 |
| 29 |
$30,151,044 |
$11,116,217
$2,306,555 |
$16,728,272 |
| 30 |
$31,658,494 |
$11,673,973
$2,421,875 |
$17,562,646 |
|
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