Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Jun 9, 2026 is estimated to be $392 Million, with a cash option of 173.3 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 Tue Jun 9, 2026

Draw Date	Jackpot	Cash Option
Tue Jun 9, 2026	$392,000,000	$173,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$173,300,000
Federal Tax(24%)	$41,592,000
Additional Federal Tax	$22,489,330
State Tax(0%)	$0
Net Lumpsum Payment	$109,218,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,899,992	-$2,143,327 -$0	$3,756,665
2	$6,195,168	-$2,252,543 -$0	$3,942,625
3	$6,504,848	-$2,367,124 -$0	$4,137,724
4	$6,830,208	-$2,487,507 -$0	$4,342,701
5	$7,171,640	-$2,613,837 -$0	$4,557,803
6	$7,530,320	-$2,746,549 -$0	$4,783,771
7	$7,906,640	-$2,885,787 -$0	$5,020,853
8	$8,302,168	-$3,032,133 -$0	$5,270,035
9	$8,717,296	-$3,185,730 -$0	$5,531,566
10	$9,153,200	-$3,347,014 -$0	$5,806,186
11	$9,610,664	-$3,516,276 -$0	$6,094,388
12	$10,091,256	-$3,694,095 -$0	$6,397,161
13	$10,595,760	-$3,880,762 -$0	$6,714,998
14	$11,125,744	-$4,076,856 -$0	$7,048,888
15	$11,681,992	-$4,282,667 -$0	$7,399,325
16	$12,266,072	-$4,498,777 -$0	$7,767,295
17	$12,879,160	-$4,725,620 -$0	$8,153,540
18	$13,523,216	-$4,963,920 -$0	$8,559,296
19	$14,199,416	-$5,214,114 -$0	$8,985,302
20	$14,909,328	-$5,476,782 -$0	$9,432,546
21	$15,654,912	-$5,752,648 -$0	$9,902,264
22	$16,437,736	-$6,042,293 -$0	$10,395,443
23	$17,259,368	-$6,346,297 -$0	$10,913,071
24	$18,122,552	-$6,665,675 -$0	$11,456,877
25	$19,028,464	-$7,000,862 -$0	$12,027,602
26	$19,980,240	-$7,353,019 -$0	$12,627,221
27	$20,979,056	-$7,722,581 -$0	$13,256,475
28	$22,028,048	-$8,110,708 -$0	$13,917,340
29	$23,129,568	-$8,518,271 -$0	$14,611,297
30	$24,285,968	-$8,946,139 -$0	$15,339,829