South Carolina Lottery

SCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 15, 2026 is estimated to be $227 Million, with a cash option of 96.3 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 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 Sep 15, 2026

Draw Date	Jackpot	Cash Option
Tue Sep 15, 2026	$227,000,000	$96,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$96,300,000
Federal Tax(24%)	$23,112,000
Additional Federal Tax	$12,479,330
State Tax(6.9%)	$6,644,700
Net Lumpsum Payment	$54,063,970

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,416,577	-$1,224,464 -$235,744	$1,956,369
2	$3,587,508	-$1,287,708 -$247,538	$2,052,262
3	$3,766,838	-$1,354,060 -$259,912	$2,152,866
4	$3,955,248	-$1,423,772 -$272,912	$2,258,564
5	$4,152,965	-$1,496,927 -$286,555	$2,369,483
6	$4,360,670	-$1,573,778 -$300,886	$2,486,006
7	$4,578,590	-$1,654,409 -$315,923	$2,608,258
8	$4,807,633	-$1,739,155 -$331,727	$2,736,751
9	$5,048,026	-$1,828,100 -$348,314	$2,871,612
10	$5,300,450	-$1,921,497 -$365,731	$3,013,222
11	$5,565,359	-$2,019,513 -$384,010	$3,161,836
12	$5,843,661	-$2,122,485 -$403,213	$3,317,963
13	$6,135,810	-$2,230,580 -$423,371	$3,481,859
14	$6,442,714	-$2,344,135 -$444,547	$3,654,032
15	$6,764,827	-$2,463,316 -$466,773	$3,834,738
16	$7,103,057	-$2,588,461 -$490,111	$4,024,485
17	$7,458,085	-$2,719,822 -$514,608	$4,223,655
18	$7,831,046	-$2,857,817 -$540,342	$4,432,887
19	$8,222,621	-$3,002,700 -$567,361	$4,652,560
20	$8,633,718	-$3,154,806 -$595,727	$4,883,185
21	$9,065,472	-$3,314,555 -$625,518	$5,125,399
22	$9,518,791	-$3,482,283 -$656,797	$5,379,711
23	$9,994,583	-$3,658,326 -$689,626	$5,646,631
24	$10,494,437	-$3,843,272 -$724,116	$5,927,049
25	$11,019,034	-$4,037,373 -$760,313	$6,221,348
26	$11,570,190	-$4,241,301 -$798,343	$6,530,546
27	$12,148,586	-$4,455,307 -$838,252	$6,855,027
28	$12,756,038	-$4,680,064 -$880,167	$7,195,807
29	$13,393,908	-$4,916,076 -$924,180	$7,553,652
30	$14,063,558	-$5,163,847 -$970,386	$7,929,325