Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jul 17, 2026 is estimated to be $672 Million, with a cash option of 293.3 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 Jul 17, 2026

Draw Date	Jackpot	Cash Option
Fri Jul 17, 2026	$672,000,000	$293,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$293,300,000
Federal Tax(24%)	$70,392,000
Additional Federal Tax	$38,089,330
State Tax(0%)	$0
Net Lumpsum Payment	$184,818,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$10,114,272	-$3,702,611 -$0	$6,411,661
2	$10,620,288	-$3,889,837 -$0	$6,730,451
3	$11,151,168	-$4,086,263 -$0	$7,064,905
4	$11,708,928	-$4,292,634 -$0	$7,416,294
5	$12,294,240	-$4,509,199 -$0	$7,785,041
6	$12,909,120	-$4,736,705 -$0	$8,172,415
7	$13,554,240	-$4,975,399 -$0	$8,578,841
8	$14,232,288	-$5,226,277 -$0	$9,006,011
9	$14,943,936	-$5,489,587 -$0	$9,454,349
10	$15,691,200	-$5,766,074 -$0	$9,925,126
11	$16,475,424	-$6,056,237 -$0	$10,419,187
12	$17,299,296	-$6,361,070 -$0	$10,938,226
13	$18,164,160	-$6,681,070 -$0	$11,483,090
14	$19,072,704	-$7,017,231 -$0	$12,055,473
15	$20,026,272	-$7,370,051 -$0	$12,656,221
16	$21,027,552	-$7,740,525 -$0	$13,287,027
17	$22,078,560	-$8,129,398 -$0	$13,949,162
18	$23,182,656	-$8,537,913 -$0	$14,644,743
19	$24,341,856	-$8,966,817 -$0	$15,375,039
20	$25,558,848	-$9,417,104 -$0	$16,141,744
21	$26,836,992	-$9,890,017 -$0	$16,946,975
22	$28,178,976	-$10,386,552 -$0	$17,792,424
23	$29,587,488	-$10,907,701 -$0	$18,679,787
24	$31,067,232	-$11,455,206 -$0	$19,612,026
25	$32,620,224	-$12,029,813 -$0	$20,590,411
26	$34,251,840	-$12,633,511 -$0	$21,618,329
27	$35,964,096	-$13,267,046 -$0	$22,697,050
28	$37,762,368	-$13,932,407 -$0	$23,829,961
29	$39,650,688	-$14,631,085 -$0	$25,019,603
30	$41,633,088	-$15,364,573 -$0	$26,268,515