Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jun 5, 2026 is estimated to be $368 Million, with a cash option of 163.6 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 5, 2026

Draw Date	Jackpot	Cash Option
Fri Jun 5, 2026	$368,000,000	$163,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$163,600,000
Federal Tax(24%)	$39,264,000
Additional Federal Tax	$21,228,330
State Tax(0%)	$0
Net Lumpsum Payment	$103,107,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,538,768	-$2,009,675 -$0	$3,529,093
2	$5,815,872	-$2,112,203 -$0	$3,703,669
3	$6,106,592	-$2,219,769 -$0	$3,886,823
4	$6,412,032	-$2,332,782 -$0	$4,079,250
5	$6,732,560	-$2,451,378 -$0	$4,281,182
6	$7,069,280	-$2,575,964 -$0	$4,493,316
7	$7,422,560	-$2,706,678 -$0	$4,715,882
8	$7,793,872	-$2,844,063 -$0	$4,949,809
9	$8,183,584	-$2,988,256 -$0	$5,195,328
10	$8,592,800	-$3,139,666 -$0	$5,453,134
11	$9,022,256	-$3,298,565 -$0	$5,723,691
12	$9,473,424	-$3,465,497 -$0	$6,007,927
13	$9,947,040	-$3,640,735 -$0	$6,306,305
14	$10,444,576	-$3,824,824 -$0	$6,619,752
15	$10,966,768	-$4,018,035 -$0	$6,948,733
16	$11,515,088	-$4,220,913 -$0	$7,294,175
17	$12,090,640	-$4,433,867 -$0	$7,656,773
18	$12,695,264	-$4,657,578 -$0	$8,037,686
19	$13,330,064	-$4,892,454 -$0	$8,437,610
20	$13,996,512	-$5,139,040 -$0	$8,857,472
21	$14,696,448	-$5,398,016 -$0	$9,298,432
22	$15,431,344	-$5,669,928 -$0	$9,761,416
23	$16,202,672	-$5,955,319 -$0	$10,247,353
24	$17,013,008	-$6,255,143 -$0	$10,757,865
25	$17,863,456	-$6,569,809 -$0	$11,293,647
26	$18,756,960	-$6,900,406 -$0	$11,856,554
27	$19,694,624	-$7,247,341 -$0	$12,447,283
28	$20,679,392	-$7,611,705 -$0	$13,067,687
29	$21,713,472	-$7,994,315 -$0	$13,719,157
30	$22,799,072	-$8,395,987 -$0	$14,403,085