Pennsylvania Lottery

PALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jan 9, 2026 is estimated to be $199 Million, with a cash option of 90.5 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 9, 2026

Draw Date	Jackpot	Cash Option
Fri Jan 9, 2026	$199,000,000	$90,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$90,500,000
Federal Tax(24%)	$21,720,000
Additional Federal Tax	$11,725,330
State Tax(3.07%)	$2,778,350
Net Lumpsum Payment	$54,276,320

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,995,149	-$1,068,536 -$91,951	$1,834,662
2	$3,144,996	-$1,123,979 -$96,551	$1,924,466
3	$3,302,206	-$1,182,147 -$101,378	$2,018,681
4	$3,467,376	-$1,243,260 -$106,448	$2,117,668
5	$3,640,705	-$1,307,391 -$111,770	$2,221,544
6	$3,822,790	-$1,374,763 -$117,360	$2,330,667
7	$4,013,830	-$1,445,447 -$123,225	$2,445,158
8	$4,214,621	-$1,519,740 -$129,389	$2,565,492
9	$4,425,362	-$1,597,714 -$135,859	$2,691,789
10	$4,646,650	-$1,679,591 -$142,652	$2,824,407
11	$4,878,883	-$1,765,517 -$149,782	$2,963,584
12	$5,122,857	-$1,855,787 -$157,272	$3,109,798
13	$5,378,970	-$1,950,549 -$165,134	$3,263,287
14	$5,648,018	-$2,050,097 -$173,394	$3,424,527
15	$5,930,399	-$2,154,578 -$182,063	$3,593,758
16	$6,226,909	-$2,264,287 -$191,166	$3,771,456
17	$6,538,145	-$2,379,444 -$200,721	$3,957,980
18	$6,865,102	-$2,500,418 -$210,759	$4,153,925
19	$7,208,377	-$2,627,430 -$221,297	$4,359,650
20	$7,568,766	-$2,760,774 -$232,361	$4,575,631
21	$7,947,264	-$2,900,818 -$243,981	$4,802,465
22	$8,344,667	-$3,047,857 -$256,181	$5,040,629
23	$8,761,771	-$3,202,186 -$268,986	$5,290,599
24	$9,199,969	-$3,364,319 -$282,439	$5,553,211
25	$9,659,858	-$3,534,478 -$296,558	$5,828,822
26	$10,143,030	-$3,713,251 -$311,391	$6,118,388
27	$10,650,082	-$3,900,861 -$326,958	$6,422,263
28	$11,182,606	-$4,097,895 -$343,306	$6,741,405
29	$11,741,796	-$4,304,795 -$360,473	$7,076,528
30	$12,328,846	-$4,522,003 -$378,496	$7,428,347