Missouri Lottery

MOLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Oct 30, 2026 is estimated to be $463 Million, with a cash option of 194.9 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 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 Oct 30, 2026

Draw Date	Jackpot	Cash Option
Fri Oct 30, 2026	$463,000,000	$194,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$194,900,000
Federal Tax(24%)	$46,776,000
Additional Federal Tax	$25,297,330
State Tax(4%)	$7,796,000
Net Lumpsum Payment	$115,030,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,968,613	-$2,538,717 -$278,745	$4,151,151
2	$7,317,252	-$2,667,714 -$292,690	$4,356,848
3	$7,683,022	-$2,803,049 -$307,321	$4,572,652
4	$8,067,312	-$2,945,236 -$322,692	$4,799,384
5	$8,470,585	-$3,094,447 -$338,823	$5,037,315
6	$8,894,230	-$3,251,195 -$355,769	$5,287,266
7	$9,338,710	-$3,415,653 -$373,548	$5,549,509
8	$9,805,877	-$3,588,505 -$392,235	$5,825,137
9	$10,296,194	-$3,769,922 -$411,848	$6,114,424
10	$10,811,050	-$3,960,419 -$432,442	$6,418,189
11	$11,351,371	-$4,160,338 -$454,055	$6,736,978
12	$11,919,009	-$4,370,364 -$476,760	$7,071,885
13	$12,514,890	-$4,590,840 -$500,596	$7,423,454
14	$13,140,866	-$4,822,451 -$525,635	$7,792,780
15	$13,797,863	-$5,065,540 -$551,915	$8,180,408
16	$14,487,733	-$5,320,792 -$579,509	$8,587,432
17	$15,211,865	-$5,588,720 -$608,475	$9,014,670
18	$15,972,574	-$5,870,183 -$638,903	$9,463,488
19	$16,771,249	-$6,165,693 -$670,850	$9,934,706
20	$17,609,742	-$6,475,935 -$704,390	$10,429,417
21	$18,490,368	-$6,801,767 -$739,615	$10,948,986
22	$19,414,979	-$7,143,873 -$776,599	$11,494,507
23	$20,385,427	-$7,502,938 -$815,417	$12,067,072
24	$21,404,953	-$7,880,163 -$856,198	$12,668,592
25	$22,474,946	-$8,276,060 -$898,998	$13,299,888
26	$23,599,110	-$8,692,001 -$943,964	$13,963,145
27	$24,778,834	-$9,128,499 -$991,153	$14,659,182
28	$26,017,822	-$9,586,925 -$1,040,713	$15,390,184
29	$27,318,852	-$10,068,306 -$1,092,754	$16,157,792
30	$28,684,702	-$10,573,670 -$1,147,388	$16,963,644