South Carolina Lottery

SCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Jan 6, 2026 is estimated to be $180 Million, with a cash option of 81.9 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 South Carolina, your state will take 6.9% 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.

South Carolina MEGA Millions Jackpot/Cash Option for Tue Jan 6, 2026

Draw Date	Jackpot	Cash Option
Tue Jan 6, 2026	$180,000,000	$81,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$81,900,000
Federal Tax(24%)	$19,656,000
Additional Federal Tax	$10,607,330
State Tax(6.9%)	$5,651,100
Net Lumpsum Payment	$45,985,570

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,709,180	-$962,727 -$186,933	$1,559,520
2	$2,844,720	-$1,012,877 -$196,286	$1,635,557
3	$2,986,920	-$1,065,491 -$206,097	$1,715,332
4	$3,136,320	-$1,120,769 -$216,406	$1,799,145
5	$3,293,100	-$1,178,777 -$227,224	$1,887,099
6	$3,457,800	-$1,239,716 -$238,588	$1,979,496
7	$3,630,600	-$1,303,652 -$250,511	$2,076,437
8	$3,812,220	-$1,370,852 -$263,043	$2,178,325
9	$4,002,840	-$1,441,381 -$276,196	$2,285,263
10	$4,203,000	-$1,515,440 -$290,007	$2,397,553
11	$4,413,060	-$1,593,163 -$304,501	$2,515,396
12	$4,633,740	-$1,674,814 -$319,728	$2,639,198
13	$4,865,400	-$1,760,528 -$335,713	$2,769,159
14	$5,108,760	-$1,850,572 -$352,504	$2,905,684
15	$5,364,180	-$1,945,077 -$370,128	$3,048,975
16	$5,632,380	-$2,044,311 -$388,634	$3,199,435
17	$5,913,900	-$2,148,473 -$408,059	$3,357,368
18	$6,209,640	-$2,257,897 -$428,465	$3,523,278
19	$6,520,140	-$2,372,782 -$449,890	$3,697,468
20	$6,846,120	-$2,493,395 -$472,382	$3,880,343
21	$7,188,480	-$2,620,068 -$496,005	$4,072,407
22	$7,547,940	-$2,753,068 -$520,808	$4,274,064
23	$7,925,220	-$2,892,662 -$546,840	$4,485,718
24	$8,321,580	-$3,039,315 -$574,189	$4,708,076
25	$8,737,560	-$3,193,228 -$602,892	$4,941,440
26	$9,174,600	-$3,354,932 -$633,047	$5,186,621
27	$9,633,240	-$3,524,629 -$664,694	$5,443,917
28	$10,114,920	-$3,702,851 -$697,929	$5,714,140
29	$10,620,720	-$3,889,997 -$732,830	$5,997,893
30	$11,151,720	-$4,086,467 -$769,469	$6,295,784