Massachusetts Lottery

MALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Nov 13, 2026 is estimated to be $555 Million, with a cash option of 235.2 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 Fri Nov 13, 2026

Draw Date	Jackpot	Cash Option
Fri Nov 13, 2026	$555,000,000	$235,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$235,200,000
Federal Tax(24%)	$56,448,000
Additional Federal Tax	$30,536,330
State Tax(5%)	$11,760,000
Net Lumpsum Payment	$136,455,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,353,305	-$3,051,053 -$417,665	$4,884,587
2	$8,771,220	-$3,205,682 -$438,561	$5,126,977
3	$9,209,670	-$3,367,908 -$460,484	$5,381,278
4	$9,670,320	-$3,538,349 -$483,516	$5,648,455
5	$10,153,725	-$3,717,209 -$507,686	$5,928,830
6	$10,661,550	-$3,905,104 -$533,078	$6,223,368
7	$11,194,350	-$4,102,240 -$559,718	$6,532,392
8	$11,754,345	-$4,309,438 -$587,717	$6,857,190
9	$12,342,090	-$4,526,904 -$617,105	$7,198,081
10	$12,959,250	-$4,755,253 -$647,963	$7,556,034
11	$13,606,935	-$4,994,896 -$680,347	$7,931,692
12	$14,287,365	-$5,246,655 -$714,368	$8,326,342
13	$15,001,650	-$5,510,941 -$750,083	$8,740,626
14	$15,752,010	-$5,788,574 -$787,601	$9,175,835
15	$16,539,555	-$6,079,966 -$826,978	$9,632,611
16	$17,366,505	-$6,385,937 -$868,325	$10,112,243
17	$18,234,525	-$6,707,105 -$911,726	$10,615,694
18	$19,146,390	-$7,044,495 -$957,320	$11,144,575
19	$20,103,765	-$7,398,723 -$1,005,188	$11,699,854
20	$21,108,870	-$7,770,612 -$1,055,444	$12,282,814
21	$22,164,480	-$8,161,188 -$1,108,224	$12,895,068
22	$23,272,815	-$8,571,272 -$1,163,641	$13,537,902
23	$24,436,095	-$9,001,686 -$1,221,805	$14,212,604
24	$25,658,205	-$9,453,866 -$1,282,910	$14,921,429
25	$26,940,810	-$9,928,430 -$1,347,041	$15,665,339
26	$28,288,350	-$10,427,020 -$1,414,418	$16,446,912
27	$29,702,490	-$10,950,252 -$1,485,125	$17,267,113
28	$31,187,670	-$11,499,768 -$1,559,384	$18,128,518
29	$32,747,220	-$12,076,802 -$1,637,361	$19,033,057
30	$34,384,470	-$12,682,584 -$1,719,224	$19,982,662