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 those living in Wyoming, the bright side is you won't have to pay any state taxes on your lottery prize.
| Wyoming 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(0%) | $0 | | Net Lumpsum Payment | $145,569,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,691,061 |
$2,806,023
$0 |
$4,885,038 |
| 2 |
$8,075,844 |
$2,948,393
$0 |
$5,127,451 |
| 3 |
$8,479,534 |
$3,097,758
$0 |
$5,381,776 |
| 4 |
$8,903,664 |
$3,254,686
$0 |
$5,648,978 |
| 5 |
$9,348,745 |
$3,419,366
$0 |
$5,929,379 |
| 6 |
$9,816,310 |
$3,592,365
$0 |
$6,223,945 |
| 7 |
$10,306,870 |
$3,773,872
$0 |
$6,532,998 |
| 8 |
$10,822,469 |
$3,964,644
$0 |
$6,857,825 |
| 9 |
$11,363,618 |
$4,164,869
$0 |
$7,198,749 |
| 10 |
$11,931,850 |
$4,375,115
$0 |
$7,556,735 |
| 11 |
$12,528,187 |
$4,595,760
$0 |
$7,932,427 |
| 12 |
$13,154,673 |
$4,827,559
$0 |
$8,327,114 |
| 13 |
$13,812,330 |
$5,070,892
$0 |
$8,741,438 |
| 14 |
$14,503,202 |
$5,326,515
$0 |
$9,176,687 |
| 15 |
$15,228,311 |
$5,594,805
$0 |
$9,633,506 |
| 16 |
$15,989,701 |
$5,876,520
$0 |
$10,113,181 |
| 17 |
$16,788,905 |
$6,172,225
$0 |
$10,616,680 |
| 18 |
$17,628,478 |
$6,482,867
$0 |
$11,145,611 |
| 19 |
$18,509,953 |
$6,809,013
$0 |
$11,700,940 |
| 20 |
$19,435,374 |
$7,151,419
$0 |
$12,283,955 |
| 21 |
$20,407,296 |
$7,511,030
$0 |
$12,896,266 |
| 22 |
$21,427,763 |
$7,888,603
$0 |
$13,539,160 |
| 23 |
$22,498,819 |
$8,284,893
$0 |
$14,213,926 |
| 24 |
$23,624,041 |
$8,701,226
$0 |
$14,922,815 |
| 25 |
$24,804,962 |
$9,138,166
$0 |
$15,666,796 |
| 26 |
$26,045,670 |
$9,597,228
$0 |
$16,448,442 |
| 27 |
$27,347,698 |
$10,078,979
$0 |
$17,268,719 |
| 28 |
$28,715,134 |
$10,584,930
$0 |
$18,130,204 |
| 29 |
$30,151,044 |
$11,116,217
$0 |
$19,034,827 |
| 30 |
$31,658,494 |
$11,673,973
$0 |
$19,984,521 |
|
|
