Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Jun 30, 2026 is estimated to be $511 Million, with a cash option of 231 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 Jun 30, 2026

Draw Date	Jackpot	Cash Option
Tue Jun 30, 2026	$511,000,000	$231,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$231,000,000
Federal Tax(24%)	$55,440,000
Additional Federal Tax	$29,990,330
State Tax(0%)	$0
Net Lumpsum Payment	$145,569,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$7,691,061	-$2,806,023 -$0	$4,885,038
2	$8,075,844	-$2,948,393 -$0	$5,127,451
3	$8,479,534	-$3,097,758 -$0	$5,381,776
4	$8,903,664	-$3,254,686 -$0	$5,648,978
5	$9,348,745	-$3,419,366 -$0	$5,929,379
6	$9,816,310	-$3,592,365 -$0	$6,223,945
7	$10,306,870	-$3,773,872 -$0	$6,532,998
8	$10,822,469	-$3,964,644 -$0	$6,857,825
9	$11,363,618	-$4,164,869 -$0	$7,198,749
10	$11,931,850	-$4,375,115 -$0	$7,556,735
11	$12,528,187	-$4,595,760 -$0	$7,932,427
12	$13,154,673	-$4,827,559 -$0	$8,327,114
13	$13,812,330	-$5,070,892 -$0	$8,741,438
14	$14,503,202	-$5,326,515 -$0	$9,176,687
15	$15,228,311	-$5,594,805 -$0	$9,633,506
16	$15,989,701	-$5,876,520 -$0	$10,113,181
17	$16,788,905	-$6,172,225 -$0	$10,616,680
18	$17,628,478	-$6,482,867 -$0	$11,145,611
19	$18,509,953	-$6,809,013 -$0	$11,700,940
20	$19,435,374	-$7,151,419 -$0	$12,283,955
21	$20,407,296	-$7,511,030 -$0	$12,896,266
22	$21,427,763	-$7,888,603 -$0	$13,539,160
23	$22,498,819	-$8,284,893 -$0	$14,213,926
24	$23,624,041	-$8,701,226 -$0	$14,922,815
25	$24,804,962	-$9,138,166 -$0	$15,666,796
26	$26,045,670	-$9,597,228 -$0	$16,448,442
27	$27,347,698	-$10,078,979 -$0	$17,268,719
28	$28,715,134	-$10,584,930 -$0	$18,130,204
29	$30,151,044	-$11,116,217 -$0	$19,034,827
30	$31,658,494	-$11,673,973 -$0	$19,984,521