Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jun 12, 2026 is estimated to be $413 Million, with a cash option of 182.6 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 Jun 12, 2026

Draw Date	Jackpot	Cash Option
Fri Jun 12, 2026	$413,000,000	$182,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$182,600,000
Federal Tax(24%)	$43,824,000
Additional Federal Tax	$23,698,330
State Tax(0%)	$0
Net Lumpsum Payment	$115,077,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,216,063	-$2,260,274 -$0	$3,955,789
2	$6,527,052	-$2,375,340 -$0	$4,151,712
3	$6,853,322	-$2,496,060 -$0	$4,357,262
4	$7,196,112	-$2,622,892 -$0	$4,573,220
5	$7,555,835	-$2,755,989 -$0	$4,799,846
6	$7,933,730	-$2,895,810 -$0	$5,037,920
7	$8,330,210	-$3,042,508 -$0	$5,287,702
8	$8,746,927	-$3,196,693 -$0	$5,550,234
9	$9,184,294	-$3,358,519 -$0	$5,825,775
10	$9,643,550	-$3,528,444 -$0	$6,115,106
11	$10,125,521	-$3,706,773 -$0	$6,418,748
12	$10,631,859	-$3,894,118 -$0	$6,737,741
13	$11,163,390	-$4,090,785 -$0	$7,072,605
14	$11,721,766	-$4,297,384 -$0	$7,424,382
15	$12,307,813	-$4,514,221 -$0	$7,793,592
16	$12,923,183	-$4,741,908 -$0	$8,181,275
17	$13,569,115	-$4,980,903 -$0	$8,588,212
18	$14,247,674	-$5,231,970 -$0	$9,015,704
19	$14,960,099	-$5,495,567 -$0	$9,464,532
20	$15,708,042	-$5,772,306 -$0	$9,935,736
21	$16,493,568	-$6,062,951 -$0	$10,430,617
22	$17,318,329	-$6,368,112 -$0	$10,950,217
23	$18,183,977	-$6,688,402 -$0	$11,495,575
24	$19,093,403	-$7,024,889 -$0	$12,068,514
25	$20,047,846	-$7,378,033 -$0	$12,669,813
26	$21,050,610	-$7,749,056 -$0	$13,301,554
27	$22,102,934	-$8,138,416 -$0	$13,964,518
28	$23,208,122	-$8,547,336 -$0	$14,660,786
29	$24,368,652	-$8,976,732 -$0	$15,391,920
30	$25,587,002	-$9,427,521 -$0	$16,159,481