Pennsylvania Lottery

PALottery 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 Pennsylvania, your state will take 3.07% 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.

Pennsylvania 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(3.07%)	$4,196,690
Net Lumpsum Payment	$81,963,980

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,560,453	-$1,647,698 -$140,006	$2,772,749
2	$4,788,612	-$1,732,117 -$147,010	$2,909,485
3	$5,027,982	-$1,820,684 -$154,359	$3,052,939
4	$5,279,472	-$1,913,735 -$162,080	$3,203,657
5	$5,543,385	-$2,011,383 -$170,182	$3,361,820
6	$5,820,630	-$2,113,963 -$178,693	$3,527,974
7	$6,111,510	-$2,221,589 -$187,623	$3,702,298
8	$6,417,237	-$2,334,708 -$197,009	$3,885,520
9	$6,738,114	-$2,453,433 -$206,860	$4,077,821
10	$7,075,050	-$2,578,099 -$217,204	$4,279,747
11	$7,428,651	-$2,708,931 -$228,060	$4,491,660
12	$7,800,129	-$2,846,378 -$239,464	$4,714,287
13	$8,190,090	-$2,990,664 -$251,436	$4,947,990
14	$8,599,746	-$3,142,236 -$264,012	$5,193,498
15	$9,029,703	-$3,301,320 -$277,212	$5,451,171
16	$9,481,173	-$3,468,364 -$291,072	$5,721,737
17	$9,955,065	-$3,643,704 -$305,620	$6,005,741
18	$10,452,894	-$3,827,901 -$320,904	$6,304,089
19	$10,975,569	-$4,021,291 -$336,950	$6,617,328
20	$11,524,302	-$4,224,322 -$353,796	$6,946,184
21	$12,100,608	-$4,437,555 -$371,489	$7,291,564
22	$12,705,699	-$4,661,439 -$390,065	$7,654,195
23	$13,340,787	-$4,896,422 -$409,562	$8,034,803
24	$14,007,993	-$5,143,288 -$430,045	$8,434,660
25	$14,708,226	-$5,402,374 -$451,543	$8,854,309
26	$15,443,910	-$5,674,577 -$474,128	$9,295,205
27	$16,215,954	-$5,960,233 -$497,830	$9,757,891
28	$17,026,782	-$6,260,240 -$522,722	$10,243,820
29	$17,878,212	-$6,575,269 -$548,861	$10,754,082
30	$18,772,062	-$6,905,993 -$576,302	$11,289,767