Massachusetts Lottery

MALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Jan 6, 2026 is estimated to be $180 Million, with a cash option of 81.9 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 Massachusetts, 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.

Massachusetts MEGA Millions Jackpot/Cash Option for Tue Jan 6, 2026

Draw Date	Jackpot	Cash Option
Tue Jan 6, 2026	$180,000,000	$81,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$81,900,000
Federal Tax(24%)	$19,656,000
Additional Federal Tax	$10,607,330
State Tax(5%)	$4,095,000
Net Lumpsum Payment	$47,541,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,709,180	-$962,727 -$135,459	$1,610,994
2	$2,844,720	-$1,012,877 -$142,236	$1,689,607
3	$2,986,920	-$1,065,491 -$149,346	$1,772,083
4	$3,136,320	-$1,120,769 -$156,816	$1,858,735
5	$3,293,100	-$1,178,777 -$164,655	$1,949,668
6	$3,457,800	-$1,239,716 -$172,890	$2,045,194
7	$3,630,600	-$1,303,652 -$181,530	$2,145,418
8	$3,812,220	-$1,370,852 -$190,611	$2,250,757
9	$4,002,840	-$1,441,381 -$200,142	$2,361,317
10	$4,203,000	-$1,515,440 -$210,150	$2,477,410
11	$4,413,060	-$1,593,163 -$220,653	$2,599,244
12	$4,633,740	-$1,674,814 -$231,687	$2,727,239
13	$4,865,400	-$1,760,528 -$243,270	$2,861,602
14	$5,108,760	-$1,850,572 -$255,438	$3,002,750
15	$5,364,180	-$1,945,077 -$268,209	$3,150,894
16	$5,632,380	-$2,044,311 -$281,619	$3,306,450
17	$5,913,900	-$2,148,473 -$295,695	$3,469,732
18	$6,209,640	-$2,257,897 -$310,482	$3,641,261
19	$6,520,140	-$2,372,782 -$326,007	$3,821,351
20	$6,846,120	-$2,493,395 -$342,306	$4,010,419
21	$7,188,480	-$2,620,068 -$359,424	$4,208,988
22	$7,547,940	-$2,753,068 -$377,397	$4,417,475
23	$7,925,220	-$2,892,662 -$396,261	$4,636,297
24	$8,321,580	-$3,039,315 -$416,079	$4,866,186
25	$8,737,560	-$3,193,228 -$436,878	$5,107,454
26	$9,174,600	-$3,354,932 -$458,730	$5,360,938
27	$9,633,240	-$3,524,629 -$481,662	$5,626,949
28	$10,114,920	-$3,702,851 -$505,746	$5,906,323
29	$10,620,720	-$3,889,997 -$531,036	$6,199,687
30	$11,151,720	-$4,086,467 -$557,586	$6,507,667