Delaware Lottery

DELottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jul 10, 2026 is estimated to be $604 Million, with a cash option of 266.3 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. The good news is that if you're a resident of Delaware, you won't owe any state tax on 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.

Delaware MEGA Millions Jackpot/Cash Option for Fri Jul 10, 2026

Draw Date	Jackpot	Cash Option
Fri Jul 10, 2026	$604,000,000	$266,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$266,300,000
Federal Tax(24%)	$63,912,000
Additional Federal Tax	$34,579,330
State Tax(0%)	$0
Net Lumpsum Payment	$167,808,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,090,804	-$3,323,928 -$0	$5,766,876
2	$9,545,616	-$3,492,208 -$0	$6,053,408
3	$10,022,776	-$3,668,758 -$0	$6,354,018
4	$10,524,096	-$3,854,246 -$0	$6,669,850
5	$11,050,180	-$4,048,897 -$0	$7,001,283
6	$11,602,840	-$4,253,381 -$0	$7,349,459
7	$12,182,680	-$4,467,922 -$0	$7,714,758
8	$12,792,116	-$4,693,413 -$0	$8,098,703
9	$13,431,752	-$4,930,079 -$0	$8,501,673
10	$14,103,400	-$5,178,588 -$0	$8,924,812
11	$14,808,268	-$5,439,390 -$0	$9,368,878
12	$15,548,772	-$5,713,376 -$0	$9,835,396
13	$16,326,120	-$6,000,995 -$0	$10,325,125
14	$17,142,728	-$6,303,140 -$0	$10,839,588
15	$17,999,804	-$6,620,258 -$0	$11,379,546
16	$18,899,764	-$6,953,243 -$0	$11,946,521
17	$19,844,420	-$7,302,766 -$0	$12,541,654
18	$20,836,792	-$7,669,943 -$0	$13,166,849
19	$21,878,692	-$8,055,446 -$0	$13,823,246
20	$22,972,536	-$8,460,169 -$0	$14,512,367
21	$24,121,344	-$8,885,228 -$0	$15,236,116
22	$25,327,532	-$9,331,517 -$0	$15,996,015
23	$26,593,516	-$9,799,931 -$0	$16,793,585
24	$27,923,524	-$10,292,034 -$0	$17,631,490
25	$29,319,368	-$10,808,497 -$0	$18,510,871
26	$30,785,880	-$11,351,106 -$0	$19,434,774
27	$32,324,872	-$11,920,533 -$0	$20,404,339
28	$33,941,176	-$12,518,566 -$0	$21,422,610
29	$35,638,416	-$13,146,544 -$0	$22,491,872
30	$37,420,216	-$13,805,810 -$0	$23,614,406