Wisconsin Lottery

WILottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Jul 14, 2026 is estimated to be $637 Million, with a cash option of 278 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 Wisconsin, your state will take 7.65% 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.

Wisconsin MEGA Millions Jackpot/Cash Option for Tue Jul 14, 2026

Draw Date	Jackpot	Cash Option
Tue Jul 14, 2026	$637,000,000	$278,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$278,000,000
Federal Tax(24%)	$66,720,000
Additional Federal Tax	$36,100,330
State Tax(7.65%)	$21,267,000
Net Lumpsum Payment	$153,912,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,587,487	-$3,507,701 -$733,443	$5,346,343
2	$10,067,148	-$3,685,175 -$770,137	$5,611,836
3	$10,570,378	-$3,871,370 -$808,634	$5,890,374
4	$11,099,088	-$4,066,993 -$849,080	$6,183,015
5	$11,653,915	-$4,272,279 -$891,524	$6,490,112
6	$12,236,770	-$4,487,935 -$936,113	$6,812,722
7	$12,848,290	-$4,714,198 -$982,894	$7,151,198
8	$13,491,023	-$4,952,009 -$1,032,063	$7,506,951
9	$14,165,606	-$5,201,605 -$1,083,669	$7,880,332
10	$14,873,950	-$5,463,692 -$1,137,857	$8,272,401
11	$15,617,329	-$5,738,742 -$1,194,726	$8,683,861
12	$16,398,291	-$6,027,698 -$1,254,469	$9,116,124
13	$17,218,110	-$6,331,031 -$1,317,185	$9,569,894
14	$18,079,334	-$6,649,684 -$1,383,069	$10,046,581
15	$18,983,237	-$6,984,128 -$1,452,218	$10,546,891
16	$19,932,367	-$7,335,306 -$1,524,826	$11,072,235
17	$20,928,635	-$7,703,925 -$1,601,041	$11,623,669
18	$21,975,226	-$8,091,164 -$1,681,105	$12,202,957
19	$23,074,051	-$8,497,729 -$1,765,165	$12,811,157
20	$24,227,658	-$8,924,564 -$1,853,416	$13,449,678
21	$25,439,232	-$9,372,846 -$1,946,101	$14,120,285
22	$26,711,321	-$9,843,519 -$2,043,416	$14,824,386
23	$28,046,473	-$10,337,525 -$2,145,555	$15,563,393
24	$29,449,147	-$10,856,515 -$2,252,860	$16,339,772
25	$30,921,254	-$11,401,194 -$2,365,476	$17,154,584
26	$32,467,890	-$11,973,450 -$2,483,794	$18,010,646
27	$34,090,966	-$12,573,988 -$2,607,959	$18,909,019
28	$35,795,578	-$13,204,694 -$2,738,362	$19,852,522
29	$37,585,548	-$13,866,983 -$2,875,294	$20,843,271
30	$39,464,698	-$14,562,269 -$3,019,049	$21,883,380