Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Feb 3, 2026 is estimated to be $323 Million, with a cash option of 145.7 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 Wyoming, 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.

Wyoming MEGA Millions Jackpot/Cash Option for Tue Feb 3, 2026

Draw Date	Jackpot	Cash Option
Tue Feb 3, 2026	$323,000,000	$145,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$145,700,000
Federal Tax(24%)	$34,968,000
Additional Federal Tax	$18,901,330
State Tax(0%)	$0
Net Lumpsum Payment	$91,830,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,861,473	-$1,759,075 -$0	$3,102,398
2	$5,104,692	-$1,849,066 -$0	$3,255,626
3	$5,359,862	-$1,943,479 -$0	$3,416,383
4	$5,627,952	-$2,042,673 -$0	$3,585,279
5	$5,909,285	-$2,146,766 -$0	$3,762,519
6	$6,204,830	-$2,256,117 -$0	$3,948,713
7	$6,514,910	-$2,370,847 -$0	$4,144,063
8	$6,840,817	-$2,491,433 -$0	$4,349,384
9	$7,182,874	-$2,617,994 -$0	$4,564,880
10	$7,542,050	-$2,750,889 -$0	$4,791,161
11	$7,918,991	-$2,890,357 -$0	$5,028,634
12	$8,314,989	-$3,036,876 -$0	$5,278,113
13	$8,730,690	-$3,190,686 -$0	$5,540,004
14	$9,167,386	-$3,352,263 -$0	$5,815,123
15	$9,625,723	-$3,521,848 -$0	$6,103,875
16	$10,106,993	-$3,699,918 -$0	$6,407,075
17	$10,612,165	-$3,886,831 -$0	$6,725,334
18	$11,142,854	-$4,083,186 -$0	$7,059,668
19	$11,700,029	-$4,289,341 -$0	$7,410,688
20	$12,284,982	-$4,505,774 -$0	$7,779,208
21	$12,899,328	-$4,733,082 -$0	$8,166,246
22	$13,544,359	-$4,971,743 -$0	$8,572,616
23	$14,221,367	-$5,222,236 -$0	$8,999,131
24	$14,932,613	-$5,485,397 -$0	$9,447,216
25	$15,679,066	-$5,761,585 -$0	$9,917,481
26	$16,463,310	-$6,051,755 -$0	$10,411,555
27	$17,286,314	-$6,356,267 -$0	$10,930,047
28	$18,150,662	-$6,676,075 -$0	$11,474,587
29	$19,058,292	-$7,011,898 -$0	$12,046,394
30	$20,011,142	-$7,364,453 -$0	$12,646,689