Missouri Lottery

MOLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jan 30, 2026 is estimated to be $303 Million, with a cash option of 136.7 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 Missouri, your state will take 4% 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.

Missouri MEGA Millions Jackpot/Cash Option for Fri Jan 30, 2026

Draw Date	Jackpot	Cash Option
Fri Jan 30, 2026	$303,000,000	$136,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$136,700,000
Federal Tax(24%)	$32,808,000
Additional Federal Tax	$17,731,330
State Tax(4%)	$5,468,000
Net Lumpsum Payment	$80,692,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,560,453	-$1,647,698 -$182,418	$2,730,337
2	$4,788,612	-$1,732,117 -$191,544	$2,864,951
3	$5,027,982	-$1,820,684 -$201,119	$3,006,179
4	$5,279,472	-$1,913,735 -$211,179	$3,154,558
5	$5,543,385	-$2,011,383 -$221,735	$3,310,267
6	$5,820,630	-$2,113,963 -$232,825	$3,473,842
7	$6,111,510	-$2,221,589 -$244,460	$3,645,461
8	$6,417,237	-$2,334,708 -$256,689	$3,825,840
9	$6,738,114	-$2,453,433 -$269,525	$4,015,156
10	$7,075,050	-$2,578,099 -$283,002	$4,213,949
11	$7,428,651	-$2,708,931 -$297,146	$4,422,574
12	$7,800,129	-$2,846,378 -$312,005	$4,641,746
13	$8,190,090	-$2,990,664 -$327,604	$4,871,822
14	$8,599,746	-$3,142,236 -$343,990	$5,113,520
15	$9,029,703	-$3,301,320 -$361,188	$5,367,195
16	$9,481,173	-$3,468,364 -$379,247	$5,633,562
17	$9,955,065	-$3,643,704 -$398,203	$5,913,158
18	$10,452,894	-$3,827,901 -$418,116	$6,206,877
19	$10,975,569	-$4,021,291 -$439,023	$6,515,255
20	$11,524,302	-$4,224,322 -$460,972	$6,839,008
21	$12,100,608	-$4,437,555 -$484,024	$7,179,029
22	$12,705,699	-$4,661,439 -$508,228	$7,536,032
23	$13,340,787	-$4,896,422 -$533,631	$7,910,734
24	$14,007,993	-$5,143,288 -$560,320	$8,304,385
25	$14,708,226	-$5,402,374 -$588,329	$8,717,523
26	$15,443,910	-$5,674,577 -$617,756	$9,151,577
27	$16,215,954	-$5,960,233 -$648,638	$9,607,083
28	$17,026,782	-$6,260,240 -$681,071	$10,085,471
29	$17,878,212	-$6,575,269 -$715,128	$10,587,815
30	$18,772,062	-$6,905,993 -$750,882	$11,115,187