Wisconsin Lottery

WILottery 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 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 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(7.65%)	$7,366,950
Net Lumpsum Payment	$53,341,720

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,416,577	-$1,224,464 -$261,368	$1,930,745
2	$3,587,508	-$1,287,708 -$274,444	$2,025,356
3	$3,766,838	-$1,354,060 -$288,163	$2,124,615
4	$3,955,248	-$1,423,772 -$302,576	$2,228,900
5	$4,152,965	-$1,496,927 -$317,702	$2,338,336
6	$4,360,670	-$1,573,778 -$333,591	$2,453,301
7	$4,578,590	-$1,654,409 -$350,262	$2,573,919
8	$4,807,633	-$1,739,155 -$367,784	$2,700,694
9	$5,048,026	-$1,828,100 -$386,174	$2,833,752
10	$5,300,450	-$1,921,497 -$405,484	$2,973,469
11	$5,565,359	-$2,019,513 -$425,750	$3,120,096
12	$5,843,661	-$2,122,485 -$447,040	$3,274,136
13	$6,135,810	-$2,230,580 -$469,389	$3,435,841
14	$6,442,714	-$2,344,135 -$492,868	$3,605,711
15	$6,764,827	-$2,463,316 -$517,509	$3,784,002
16	$7,103,057	-$2,588,461 -$543,384	$3,971,212
17	$7,458,085	-$2,719,822 -$570,544	$4,167,719
18	$7,831,046	-$2,857,817 -$599,075	$4,374,154
19	$8,222,621	-$3,002,700 -$629,031	$4,590,890
20	$8,633,718	-$3,154,806 -$660,479	$4,818,433
21	$9,065,472	-$3,314,555 -$693,509	$5,057,408
22	$9,518,791	-$3,482,283 -$728,188	$5,308,320
23	$9,994,583	-$3,658,326 -$764,586	$5,571,671
24	$10,494,437	-$3,843,272 -$802,824	$5,848,341
25	$11,019,034	-$4,037,373 -$842,956	$6,138,705
26	$11,570,190	-$4,241,301 -$885,120	$6,443,769
27	$12,148,586	-$4,455,307 -$929,367	$6,763,912
28	$12,756,038	-$4,680,064 -$975,837	$7,100,137
29	$13,393,908	-$4,916,076 -$1,024,634	$7,453,198
30	$14,063,558	-$5,163,847 -$1,075,862	$7,823,849