Connecticut Lottery

CTLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Apr 28, 2026 is estimated to be $163 Million, with a cash option of 72.9 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Connecticut, your state will take 6.99% of your lottery winnings.

Please note that the calculation of the MEGA Millions jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Connecticut MEGA Millions Jackpot/Cash Option for Tue Apr 28, 2026

Draw Date	Jackpot	Cash Option
Tue Apr 28, 2026	$163,000,000	$72,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$72,900,000
Federal Tax(24%)	$17,496,000
Additional Federal Tax	$9,437,330
State Tax(6.99%)	$5,095,710
Net Lumpsum Payment	$40,870,960

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,453,313	-$868,056 -$171,487	$1,413,770
2	$2,576,052	-$913,470 -$180,066	$1,482,516
3	$2,704,822	-$961,115 -$189,067	$1,554,640
4	$2,840,112	-$1,011,172 -$198,524	$1,630,416
5	$2,982,085	-$1,063,702 -$208,448	$1,709,935
6	$3,131,230	-$1,118,885 -$218,873	$1,793,472
7	$3,287,710	-$1,176,783 -$229,811	$1,881,116
8	$3,452,177	-$1,237,636 -$241,307	$1,973,234
9	$3,624,794	-$1,301,504 -$253,373	$2,069,917
10	$3,806,050	-$1,368,569 -$266,043	$2,171,438
11	$3,996,271	-$1,438,951 -$279,339	$2,277,981
12	$4,196,109	-$1,512,891 -$293,308	$2,389,910
13	$4,405,890	-$1,590,510 -$307,972	$2,507,408
14	$4,626,266	-$1,672,049 -$323,376	$2,630,841
15	$4,857,563	-$1,757,629 -$339,544	$2,760,390
16	$5,100,433	-$1,847,491 -$356,520	$2,896,422
17	$5,355,365	-$1,941,815 -$374,340	$3,039,210
18	$5,623,174	-$2,040,905 -$393,060	$3,189,209
19	$5,904,349	-$2,144,940 -$412,714	$3,346,695
20	$6,199,542	-$2,254,161 -$433,348	$3,512,033
21	$6,509,568	-$2,368,871 -$455,019	$3,685,678
22	$6,835,079	-$2,489,310 -$477,772	$3,867,997
23	$7,176,727	-$2,615,719 -$501,653	$4,059,355
24	$7,535,653	-$2,748,522 -$526,742	$4,260,389
25	$7,912,346	-$2,887,898 -$553,073	$4,471,375
26	$8,308,110	-$3,034,331 -$580,737	$4,693,042
27	$8,723,434	-$3,188,001 -$609,768	$4,925,665
28	$9,159,622	-$3,349,391 -$640,258	$5,169,973
29	$9,617,652	-$3,518,862 -$672,274	$5,426,516
30	$10,098,502	-$3,696,776 -$705,885	$5,695,841