Kansas Lottery

KSLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Feb 3, 2026 is estimated to be $323 Million, with a cash option of 145.7 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 Kansas, your state will take 5% 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.

Kansas MEGA Millions Jackpot/Cash Option for Tue Feb 3, 2026

Draw Date	Jackpot	Cash Option
Tue Feb 3, 2026	$323,000,000	$145,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$145,700,000
Federal Tax(24%)	$34,968,000
Additional Federal Tax	$18,901,330
State Tax(5%)	$7,285,000
Net Lumpsum Payment	$84,545,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,861,473	-$1,759,075 -$243,074	$2,859,324
2	$5,104,692	-$1,849,066 -$255,235	$3,000,391
3	$5,359,862	-$1,943,479 -$267,993	$3,148,390
4	$5,627,952	-$2,042,673 -$281,398	$3,303,881
5	$5,909,285	-$2,146,766 -$295,464	$3,467,055
6	$6,204,830	-$2,256,117 -$310,242	$3,638,471
7	$6,514,910	-$2,370,847 -$325,746	$3,818,317
8	$6,840,817	-$2,491,433 -$342,041	$4,007,343
9	$7,182,874	-$2,617,994 -$359,144	$4,205,736
10	$7,542,050	-$2,750,889 -$377,103	$4,414,058
11	$7,918,991	-$2,890,357 -$395,950	$4,632,684
12	$8,314,989	-$3,036,876 -$415,749	$4,862,364
13	$8,730,690	-$3,190,686 -$436,535	$5,103,469
14	$9,167,386	-$3,352,263 -$458,369	$5,356,754
15	$9,625,723	-$3,521,848 -$481,286	$5,622,589
16	$10,106,993	-$3,699,918 -$505,350	$5,901,725
17	$10,612,165	-$3,886,831 -$530,608	$6,194,726
18	$11,142,854	-$4,083,186 -$557,143	$6,502,525
19	$11,700,029	-$4,289,341 -$585,001	$6,825,687
20	$12,284,982	-$4,505,774 -$614,249	$7,164,959
21	$12,899,328	-$4,733,082 -$644,966	$7,521,280
22	$13,544,359	-$4,971,743 -$677,218	$7,895,398
23	$14,221,367	-$5,222,236 -$711,068	$8,288,063
24	$14,932,613	-$5,485,397 -$746,631	$8,700,585
25	$15,679,066	-$5,761,585 -$783,953	$9,133,528
26	$16,463,310	-$6,051,755 -$823,166	$9,588,389
27	$17,286,314	-$6,356,267 -$864,316	$10,065,731
28	$18,150,662	-$6,676,075 -$907,533	$10,567,054
29	$19,058,292	-$7,011,898 -$952,915	$11,093,479
30	$20,011,142	-$7,364,453 -$1,000,557	$11,646,132