South Carolina Lottery

SCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Nov 13, 2026 is estimated to be $555 Million, with a cash option of 235.2 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 Fri Nov 13, 2026

Draw Date	Jackpot	Cash Option
Fri Nov 13, 2026	$555,000,000	$235,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$235,200,000
Federal Tax(24%)	$56,448,000
Additional Federal Tax	$30,536,330
State Tax(6.9%)	$16,228,800
Net Lumpsum Payment	$131,986,870

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,353,305	-$3,051,053 -$576,378	$4,725,874
2	$8,771,220	-$3,205,682 -$605,214	$4,960,324
3	$9,209,670	-$3,367,908 -$635,467	$5,206,295
4	$9,670,320	-$3,538,349 -$667,252	$5,464,719
5	$10,153,725	-$3,717,209 -$700,607	$5,735,909
6	$10,661,550	-$3,905,104 -$735,647	$6,020,799
7	$11,194,350	-$4,102,240 -$772,410	$6,319,700
8	$11,754,345	-$4,309,438 -$811,050	$6,633,857
9	$12,342,090	-$4,526,904 -$851,604	$6,963,582
10	$12,959,250	-$4,755,253 -$894,188	$7,309,809
11	$13,606,935	-$4,994,896 -$938,879	$7,673,160
12	$14,287,365	-$5,246,655 -$985,828	$8,054,882
13	$15,001,650	-$5,510,941 -$1,035,114	$8,455,595
14	$15,752,010	-$5,788,574 -$1,086,889	$8,876,547
15	$16,539,555	-$6,079,966 -$1,141,229	$9,318,360
16	$17,366,505	-$6,385,937 -$1,198,289	$9,782,279
17	$18,234,525	-$6,707,105 -$1,258,182	$10,269,238
18	$19,146,390	-$7,044,495 -$1,321,101	$10,780,794
19	$20,103,765	-$7,398,723 -$1,387,160	$11,317,882
20	$21,108,870	-$7,770,612 -$1,456,512	$11,881,746
21	$22,164,480	-$8,161,188 -$1,529,349	$12,473,943
22	$23,272,815	-$8,571,272 -$1,605,824	$13,095,719
23	$24,436,095	-$9,001,686 -$1,686,091	$13,748,318
24	$25,658,205	-$9,453,866 -$1,770,416	$14,433,923
25	$26,940,810	-$9,928,430 -$1,858,916	$15,153,464
26	$28,288,350	-$10,427,020 -$1,951,896	$15,909,434
27	$29,702,490	-$10,950,252 -$2,049,472	$16,702,766
28	$31,187,670	-$11,499,768 -$2,151,949	$17,535,953
29	$32,747,220	-$12,076,802 -$2,259,558	$18,410,860
30	$34,384,470	-$12,682,584 -$2,372,528	$19,329,358