Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jan 2, 2026 is estimated to be $157 Million, with a cash option of 72 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 Jan 2, 2026

Draw Date	Jackpot	Cash Option
Fri Jan 2, 2026	$157,000,000	$72,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$72,000,000
Federal Tax(24%)	$17,280,000
Additional Federal Tax	$9,320,330
State Tax(0%)	$0
Net Lumpsum Payment	$45,399,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,363,007	-$834,643 -$0	$1,528,364
2	$2,481,228	-$878,385 -$0	$1,602,843
3	$2,605,258	-$924,276 -$0	$1,680,982
4	$2,735,568	-$972,491 -$0	$1,763,077
5	$2,872,315	-$1,023,087 -$0	$1,849,228
6	$3,015,970	-$1,076,239 -$0	$1,939,731
7	$3,166,690	-$1,132,006 -$0	$2,034,684
8	$3,325,103	-$1,190,618 -$0	$2,134,485
9	$3,491,366	-$1,252,136 -$0	$2,239,230
10	$3,665,950	-$1,316,732 -$0	$2,349,218
11	$3,849,169	-$1,384,523 -$0	$2,464,646
12	$4,041,651	-$1,455,741 -$0	$2,585,910
13	$4,243,710	-$1,530,503 -$0	$2,713,207
14	$4,455,974	-$1,609,041 -$0	$2,846,933
15	$4,678,757	-$1,691,470 -$0	$2,987,287
16	$4,912,687	-$1,778,025 -$0	$3,134,662
17	$5,158,235	-$1,868,877 -$0	$3,289,358
18	$5,416,186	-$1,964,319 -$0	$3,451,867
19	$5,687,011	-$2,064,524 -$0	$3,622,487
20	$5,971,338	-$2,169,725 -$0	$3,801,613
21	$6,269,952	-$2,280,213 -$0	$3,989,739
22	$6,583,481	-$2,396,218 -$0	$4,187,263
23	$6,912,553	-$2,517,975 -$0	$4,394,578
24	$7,258,267	-$2,645,889 -$0	$4,612,378
25	$7,621,094	-$2,780,135 -$0	$4,840,959
26	$8,002,290	-$2,921,178 -$0	$5,081,112
27	$8,402,326	-$3,069,191 -$0	$5,333,135
28	$8,822,458	-$3,224,640 -$0	$5,597,818
29	$9,263,628	-$3,387,873 -$0	$5,875,755
30	$9,726,778	-$3,559,238 -$0	$6,167,540