Louisiana Lottery

LALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue May 26, 2026 is estimated to be $311 Million, with a cash option of 136.4 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 Louisiana, your state will take 4.75% 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.

Louisiana MEGA Millions Jackpot/Cash Option for Tue May 26, 2026

Draw Date	Jackpot	Cash Option
Tue May 26, 2026	$311,000,000	$136,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$136,400,000
Federal Tax(24%)	$32,736,000
Additional Federal Tax	$17,692,330
State Tax(4.75%)	$6,479,000
Net Lumpsum Payment	$79,492,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,680,861	-$1,692,249 -$222,341	$2,766,271
2	$4,915,044	-$1,778,897 -$233,465	$2,902,682
3	$5,160,734	-$1,869,802 -$245,135	$3,045,797
4	$5,418,864	-$1,965,310 -$257,396	$3,196,158
5	$5,689,745	-$2,065,536 -$270,263	$3,353,946
6	$5,974,310	-$2,170,825 -$283,780	$3,519,705
7	$6,272,870	-$2,281,292 -$297,961	$3,693,617
8	$6,586,669	-$2,397,398 -$312,867	$3,876,404
9	$6,916,018	-$2,519,257 -$328,511	$4,068,250
10	$7,261,850	-$2,647,215 -$344,938	$4,269,697
11	$7,624,787	-$2,781,502 -$362,177	$4,481,108
12	$8,006,073	-$2,922,577 -$380,288	$4,703,208
13	$8,406,330	-$3,070,672 -$399,301	$4,936,357
14	$8,826,802	-$3,226,247 -$419,273	$5,181,282
15	$9,268,111	-$3,389,531 -$440,235	$5,438,345
16	$9,731,501	-$3,560,986 -$462,246	$5,708,269
17	$10,217,905	-$3,740,955 -$485,350	$5,991,600
18	$10,728,878	-$3,930,015 -$509,622	$6,289,241
19	$11,265,353	-$4,128,511 -$535,104	$6,601,738
20	$11,828,574	-$4,336,903 -$561,857	$6,929,814
21	$12,420,096	-$4,555,766 -$589,955	$7,274,375
22	$13,041,163	-$4,785,561 -$619,455	$7,636,147
23	$13,693,019	-$5,026,747 -$650,418	$8,015,854
24	$14,377,841	-$5,280,132 -$682,947	$8,414,762
25	$15,096,562	-$5,546,058 -$717,087	$8,833,417
26	$15,851,670	-$5,825,448 -$752,954	$9,273,268
27	$16,644,098	-$6,118,647 -$790,595	$9,734,856
28	$17,476,334	-$6,426,574 -$830,126	$10,219,634
29	$18,350,244	-$6,749,921 -$871,637	$10,728,686
30	$19,267,694	-$7,089,377 -$915,215	$11,263,102