Massachusetts Lottery

MALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Apr 28, 2026 is estimated to be $163 Million, with a cash option of 72.9 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 Apr 28, 2026

Draw Date	Jackpot	Cash Option
Tue Apr 28, 2026	$163,000,000	$72,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$72,900,000
Federal Tax(24%)	$17,496,000
Additional Federal Tax	$9,437,330
State Tax(5%)	$3,645,000
Net Lumpsum Payment	$42,321,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,453,313	-$868,056 -$122,666	$1,462,591
2	$2,576,052	-$913,470 -$128,803	$1,533,779
3	$2,704,822	-$961,115 -$135,241	$1,608,466
4	$2,840,112	-$1,011,172 -$142,006	$1,686,934
5	$2,982,085	-$1,063,702 -$149,104	$1,769,279
6	$3,131,230	-$1,118,885 -$156,562	$1,855,783
7	$3,287,710	-$1,176,783 -$164,386	$1,946,541
8	$3,452,177	-$1,237,636 -$172,609	$2,041,932
9	$3,624,794	-$1,301,504 -$181,240	$2,142,050
10	$3,806,050	-$1,368,569 -$190,303	$2,247,178
11	$3,996,271	-$1,438,951 -$199,814	$2,357,506
12	$4,196,109	-$1,512,891 -$209,805	$2,473,413
13	$4,405,890	-$1,590,510 -$220,295	$2,595,085
14	$4,626,266	-$1,672,049 -$231,313	$2,722,904
15	$4,857,563	-$1,757,629 -$242,878	$2,857,056
16	$5,100,433	-$1,847,491 -$255,022	$2,997,920
17	$5,355,365	-$1,941,815 -$267,768	$3,145,782
18	$5,623,174	-$2,040,905 -$281,159	$3,301,110
19	$5,904,349	-$2,144,940 -$295,217	$3,464,192
20	$6,199,542	-$2,254,161 -$309,977	$3,635,404
21	$6,509,568	-$2,368,871 -$325,478	$3,815,219
22	$6,835,079	-$2,489,310 -$341,754	$4,004,015
23	$7,176,727	-$2,615,719 -$358,836	$4,202,172
24	$7,535,653	-$2,748,522 -$376,783	$4,410,348
25	$7,912,346	-$2,887,898 -$395,617	$4,628,831
26	$8,308,110	-$3,034,331 -$415,406	$4,858,373
27	$8,723,434	-$3,188,001 -$436,172	$5,099,261
28	$9,159,622	-$3,349,391 -$457,981	$5,352,250
29	$9,617,652	-$3,518,862 -$480,883	$5,617,907
30	$10,098,502	-$3,696,776 -$504,925	$5,896,801