North Carolina Lottery

NCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Sep 4, 2026 is estimated to be $177 Million, with a cash option of 76.3 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 North Carolina, your state will take 4.75% 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.

North Carolina MEGA Millions Jackpot/Cash Option for Fri Sep 4, 2026

Draw Date	Jackpot	Cash Option
Fri Sep 4, 2026	$177,000,000	$76,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$76,300,000
Federal Tax(24%)	$18,312,000
Additional Federal Tax	$9,879,330
State Tax(4.75%)	$3,624,250
Net Lumpsum Payment	$44,484,420

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,664,027	-$946,020 -$126,541	$1,591,466
2	$2,797,308	-$995,334 -$132,872	$1,669,102
3	$2,937,138	-$1,047,071 -$139,514	$1,750,553
4	$3,084,048	-$1,101,428 -$146,492	$1,836,128
5	$3,238,215	-$1,158,470 -$153,815	$1,925,930
6	$3,400,170	-$1,218,393 -$161,508	$2,020,269
7	$3,570,090	-$1,281,264 -$169,579	$2,119,247
8	$3,748,683	-$1,347,343 -$178,062	$2,223,278
9	$3,936,126	-$1,416,697 -$186,966	$2,332,463
10	$4,132,950	-$1,489,522 -$196,315	$2,447,113
11	$4,339,509	-$1,565,949 -$206,127	$2,567,433
12	$4,556,511	-$1,646,239 -$216,434	$2,693,838
13	$4,784,310	-$1,730,525 -$227,255	$2,826,530
14	$5,023,614	-$1,819,068 -$238,622	$2,965,924
15	$5,274,777	-$1,911,998 -$250,552	$3,112,227
16	$5,538,507	-$2,009,578 -$263,079	$3,265,850
17	$5,815,335	-$2,112,004 -$276,228	$3,427,103
18	$6,106,146	-$2,219,604 -$290,042	$3,596,500
19	$6,411,471	-$2,332,575 -$304,545	$3,774,351
20	$6,732,018	-$2,451,177 -$319,771	$3,961,070
21	$7,068,672	-$2,575,739 -$335,762	$4,157,171
22	$7,422,141	-$2,706,523 -$352,552	$4,363,066
23	$7,793,133	-$2,843,790 -$370,174	$4,579,169
24	$8,182,887	-$2,987,999 -$388,687	$4,806,201
25	$8,591,934	-$3,139,346 -$408,117	$5,044,471
26	$9,021,690	-$3,298,356 -$428,530	$5,294,804
27	$9,472,686	-$3,465,224 -$449,953	$5,557,509
28	$9,946,338	-$3,640,475 -$472,451	$5,833,412
29	$10,443,708	-$3,824,502 -$496,076	$6,123,130
30	$10,965,858	-$4,017,698 -$520,878	$6,427,282