South Carolina Lottery

SCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jun 19, 2026 is estimated to be $452 Million, with a cash option of 201 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 Jun 19, 2026

Draw Date	Jackpot	Cash Option
Fri Jun 19, 2026	$452,000,000	$201,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$201,000,000
Federal Tax(24%)	$48,240,000
Additional Federal Tax	$26,090,330
State Tax(6.9%)	$13,869,000
Net Lumpsum Payment	$112,800,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,803,052	-$2,477,460 -$469,411	$3,856,181
2	$7,143,408	-$2,603,391 -$492,895	$4,047,122
3	$7,500,488	-$2,735,511 -$517,534	$4,247,443
4	$7,875,648	-$2,874,320 -$543,420	$4,457,908
5	$8,269,340	-$3,019,986 -$570,584	$4,678,770
6	$8,682,920	-$3,173,011 -$599,121	$4,910,788
7	$9,116,840	-$3,333,561 -$629,062	$5,154,217
8	$9,572,908	-$3,502,306 -$660,531	$5,410,071
9	$10,051,576	-$3,679,414 -$693,559	$5,678,603
10	$10,554,200	-$3,865,384 -$728,240	$5,960,576
11	$11,081,684	-$4,060,553 -$764,636	$6,256,495
12	$11,635,836	-$4,265,590 -$802,873	$6,567,373
13	$12,217,560	-$4,480,828 -$843,012	$6,893,720
14	$12,828,664	-$4,706,936 -$885,178	$7,236,550
15	$13,470,052	-$4,944,250 -$929,434	$7,596,368
16	$14,143,532	-$5,193,437 -$975,904	$7,974,191
17	$14,850,460	-$5,455,001 -$1,024,682	$8,370,777
18	$15,593,096	-$5,729,776 -$1,075,924	$8,787,396
19	$16,372,796	-$6,018,265 -$1,129,723	$9,224,808
20	$17,191,368	-$6,321,137 -$1,186,204	$9,684,027
21	$18,051,072	-$6,639,227 -$1,245,524	$10,166,321
22	$18,953,716	-$6,973,205 -$1,307,806	$10,672,705
23	$19,901,108	-$7,323,740 -$1,373,176	$11,204,192
24	$20,896,412	-$7,692,003 -$1,441,852	$11,762,557
25	$21,940,984	-$8,078,494 -$1,513,928	$12,348,562
26	$23,038,440	-$8,484,553 -$1,589,652	$12,964,235
27	$24,190,136	-$8,910,681 -$1,669,119	$13,610,336
28	$25,399,688	-$9,358,215 -$1,752,578	$14,288,895
29	$26,669,808	-$9,828,159 -$1,840,217	$15,001,432
30	$28,003,208	-$10,321,517 -$1,932,221	$15,749,470