Massachusetts Lottery

MALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Mar 13, 2026 is estimated to be $50 Million, with a cash option of 22.9 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 Fri Mar 13, 2026

Draw Date	Jackpot	Cash Option
Fri Mar 13, 2026	$50,000,000	$22,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$22,900,000
Federal Tax(24%)	$5,496,000
Additional Federal Tax	$2,937,330
State Tax(5%)	$1,145,000
Net Lumpsum Payment	$13,321,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$752,550	-$238,774 -$37,628	$476,148
2	$790,200	-$252,704 -$39,510	$497,986
3	$829,700	-$267,319 -$41,485	$520,896
4	$871,200	-$282,674 -$43,560	$544,966
5	$914,750	-$298,788 -$45,738	$570,224
6	$960,500	-$315,715 -$48,025	$596,760
7	$1,008,500	-$333,475 -$50,425	$624,600
8	$1,058,950	-$352,142 -$52,948	$653,860
9	$1,111,900	-$371,733 -$55,595	$684,572
10	$1,167,500	-$392,305 -$58,375	$716,820
11	$1,225,850	-$413,895 -$61,293	$750,662
12	$1,287,150	-$436,576 -$64,358	$786,216
13	$1,351,500	-$460,385 -$67,575	$823,540
14	$1,419,100	-$485,397 -$70,955	$862,748
15	$1,490,050	-$511,649 -$74,503	$903,898
16	$1,564,550	-$539,214 -$78,228	$947,108
17	$1,642,750	-$568,148 -$82,138	$992,464
18	$1,724,900	-$598,543 -$86,245	$1,040,112
19	$1,811,150	-$630,456 -$90,558	$1,090,136
20	$1,901,700	-$663,959 -$95,085	$1,142,656
21	$1,996,800	-$699,146 -$99,840	$1,197,814
22	$2,096,650	-$736,091 -$104,833	$1,255,726
23	$2,201,450	-$774,867 -$110,073	$1,316,510
24	$2,311,550	-$815,604 -$115,578	$1,380,368
25	$2,427,100	-$858,357 -$121,355	$1,447,388
26	$2,548,500	-$903,275 -$127,425	$1,517,800
27	$2,675,900	-$950,413 -$133,795	$1,591,692
28	$2,809,700	-$999,919 -$140,485	$1,669,296
29	$2,950,200	-$1,051,904 -$147,510	$1,750,786
30	$3,097,700	-$1,106,479 -$154,885	$1,836,336