Washington Lottery

WALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue May 26, 2026 is estimated to be $311 Million, with a cash option of 136.4 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. The good news is that if you're a resident of Washington, you won't owe any state tax on 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.

Washington MEGA Millions Jackpot/Cash Option for Tue May 26, 2026

Draw Date	Jackpot	Cash Option
Tue May 26, 2026	$311,000,000	$136,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$136,400,000
Federal Tax(24%)	$32,736,000
Additional Federal Tax	$17,692,330
State Tax(0%)	$0
Net Lumpsum Payment	$85,971,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,680,861	-$1,692,249 -$0	$2,988,612
2	$4,915,044	-$1,778,897 -$0	$3,136,147
3	$5,160,734	-$1,869,802 -$0	$3,290,932
4	$5,418,864	-$1,965,310 -$0	$3,453,554
5	$5,689,745	-$2,065,536 -$0	$3,624,209
6	$5,974,310	-$2,170,825 -$0	$3,803,485
7	$6,272,870	-$2,281,292 -$0	$3,991,578
8	$6,586,669	-$2,397,398 -$0	$4,189,271
9	$6,916,018	-$2,519,257 -$0	$4,396,761
10	$7,261,850	-$2,647,215 -$0	$4,614,635
11	$7,624,787	-$2,781,502 -$0	$4,843,285
12	$8,006,073	-$2,922,577 -$0	$5,083,496
13	$8,406,330	-$3,070,672 -$0	$5,335,658
14	$8,826,802	-$3,226,247 -$0	$5,600,555
15	$9,268,111	-$3,389,531 -$0	$5,878,580
16	$9,731,501	-$3,560,986 -$0	$6,170,515
17	$10,217,905	-$3,740,955 -$0	$6,476,950
18	$10,728,878	-$3,930,015 -$0	$6,798,863
19	$11,265,353	-$4,128,511 -$0	$7,136,842
20	$11,828,574	-$4,336,903 -$0	$7,491,671
21	$12,420,096	-$4,555,766 -$0	$7,864,330
22	$13,041,163	-$4,785,561 -$0	$8,255,602
23	$13,693,019	-$5,026,747 -$0	$8,666,272
24	$14,377,841	-$5,280,132 -$0	$9,097,709
25	$15,096,562	-$5,546,058 -$0	$9,550,504
26	$15,851,670	-$5,825,448 -$0	$10,026,222
27	$16,644,098	-$6,118,647 -$0	$10,525,451
28	$17,476,334	-$6,426,574 -$0	$11,049,760
29	$18,350,244	-$6,749,921 -$0	$11,600,323
30	$19,267,694	-$7,089,377 -$0	$12,178,317