Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Oct 2, 2026 is estimated to be $321 Million, with a cash option of 131.1 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 Fri Oct 2, 2026

Draw Date	Jackpot	Cash Option
Fri Oct 2, 2026	$321,000,000	$131,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$131,100,000
Federal Tax(24%)	$31,464,000
Additional Federal Tax	$17,003,330
State Tax(0%)	$0
Net Lumpsum Payment	$82,632,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,831,371	-$1,747,938 -$0	$3,083,433
2	$5,073,084	-$1,837,371 -$0	$3,235,713
3	$5,326,674	-$1,931,200 -$0	$3,395,474
4	$5,593,104	-$2,029,779 -$0	$3,563,325
5	$5,872,695	-$2,133,228 -$0	$3,739,467
6	$6,166,410	-$2,241,902 -$0	$3,924,508
7	$6,474,570	-$2,355,921 -$0	$4,118,649
8	$6,798,459	-$2,475,760 -$0	$4,322,699
9	$7,138,398	-$2,601,538 -$0	$4,536,860
10	$7,495,350	-$2,733,610 -$0	$4,761,740
11	$7,869,957	-$2,872,214 -$0	$4,997,743
12	$8,263,503	-$3,017,826 -$0	$5,245,677
13	$8,676,630	-$3,170,683 -$0	$5,505,947
14	$9,110,622	-$3,331,261 -$0	$5,779,361
15	$9,566,121	-$3,499,795 -$0	$6,066,326
16	$10,044,411	-$3,676,762 -$0	$6,367,649
17	$10,546,455	-$3,862,519 -$0	$6,683,936
18	$11,073,858	-$4,057,658 -$0	$7,016,200
19	$11,627,583	-$4,262,536 -$0	$7,365,047
20	$12,208,914	-$4,477,629 -$0	$7,731,285
21	$12,819,456	-$4,703,529 -$0	$8,115,927
22	$13,460,493	-$4,940,713 -$0	$8,519,780
23	$14,133,309	-$5,189,655 -$0	$8,943,654
24	$14,840,151	-$5,451,186 -$0	$9,388,965
25	$15,581,982	-$5,725,664 -$0	$9,856,318
26	$16,361,370	-$6,014,037 -$0	$10,347,333
27	$17,179,278	-$6,316,663 -$0	$10,862,615
28	$18,038,274	-$6,634,492 -$0	$11,403,782
29	$18,940,284	-$6,968,235 -$0	$11,972,049
30	$19,887,234	-$7,318,607 -$0	$12,568,627