Montana Lottery

MTLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Apr 7, 2026 is estimated to be $100 Million, with a cash option of 45.3 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 Montana, your state will take 6.75% 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.

Montana MEGA Millions Jackpot/Cash Option for Tue Apr 7, 2026

Draw Date	Jackpot	Cash Option
Tue Apr 7, 2026	$100,000,000	$45,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$45,300,000
Federal Tax(24%)	$10,872,000
Additional Federal Tax	$5,849,330
State Tax(6.75%)	$3,057,750
Net Lumpsum Payment	$25,520,920

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,505,100	-$517,217 -$101,594	$886,289
2	$1,580,400	-$545,078 -$106,677	$928,645
3	$1,659,400	-$574,308 -$112,010	$973,082
4	$1,742,400	-$605,018 -$117,612	$1,019,770
5	$1,829,500	-$637,245 -$123,491	$1,068,764
6	$1,921,000	-$671,100 -$129,668	$1,120,232
7	$2,017,000	-$706,620 -$136,148	$1,174,232
8	$2,117,900	-$743,953 -$142,958	$1,230,989
9	$2,223,800	-$783,136 -$150,107	$1,290,557
10	$2,335,000	-$824,280 -$157,613	$1,353,107
11	$2,451,700	-$867,459 -$165,490	$1,418,751
12	$2,574,300	-$912,821 -$173,765	$1,487,714
13	$2,703,000	-$960,440 -$182,453	$1,560,107
14	$2,838,200	-$1,010,464 -$191,579	$1,636,157
15	$2,980,100	-$1,062,967 -$201,157	$1,715,976
16	$3,129,100	-$1,118,097 -$211,214	$1,799,789
17	$3,285,500	-$1,175,965 -$221,771	$1,887,764
18	$3,449,800	-$1,236,756 -$232,862	$1,980,182
19	$3,622,300	-$1,300,581 -$244,505	$2,077,214
20	$3,803,400	-$1,367,588 -$256,730	$2,179,082
21	$3,993,600	-$1,437,962 -$269,568	$2,286,070
22	$4,193,300	-$1,511,851 -$283,048	$2,398,401
23	$4,402,900	-$1,589,403 -$297,196	$2,516,301
24	$4,623,100	-$1,670,877 -$312,059	$2,640,164
25	$4,854,200	-$1,756,384 -$327,659	$2,770,157
26	$5,097,000	-$1,846,220 -$344,048	$2,906,732
27	$5,351,800	-$1,940,496 -$361,247	$3,050,057
28	$5,619,400	-$2,039,508 -$379,310	$3,200,582
29	$5,900,400	-$2,143,478 -$398,277	$3,358,645
30	$6,195,400	-$2,252,628 -$418,190	$3,524,582