Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 22, 2026 is estimated to be $261 Million, with a cash option of 110.5 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 Sep 22, 2026

Draw Date	Jackpot	Cash Option
Tue Sep 22, 2026	$261,000,000	$110,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$110,500,000
Federal Tax(24%)	$26,520,000
Additional Federal Tax	$14,325,330
State Tax(0%)	$0
Net Lumpsum Payment	$69,654,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,928,311	-$1,413,805 -$0	$2,514,506
2	$4,124,844	-$1,486,523 -$0	$2,638,321
3	$4,331,034	-$1,562,813 -$0	$2,768,221
4	$4,547,664	-$1,642,966 -$0	$2,904,698
5	$4,774,995	-$1,727,079 -$0	$3,047,916
6	$5,013,810	-$1,815,440 -$0	$3,198,370
7	$5,264,370	-$1,908,147 -$0	$3,356,223
8	$5,527,719	-$2,005,586 -$0	$3,522,133
9	$5,804,118	-$2,107,854 -$0	$3,696,264
10	$6,094,350	-$2,215,240 -$0	$3,879,110
11	$6,398,937	-$2,327,937 -$0	$4,071,000
12	$6,718,923	-$2,446,332 -$0	$4,272,591
13	$7,054,830	-$2,570,617 -$0	$4,484,213
14	$7,407,702	-$2,701,180 -$0	$4,706,522
15	$7,778,061	-$2,838,213 -$0	$4,939,848
16	$8,166,951	-$2,982,102 -$0	$5,184,849
17	$8,575,155	-$3,133,138 -$0	$5,442,017
18	$9,003,978	-$3,291,802 -$0	$5,712,176
19	$9,454,203	-$3,458,385 -$0	$5,995,818
20	$9,926,874	-$3,633,274 -$0	$6,293,600
21	$10,423,296	-$3,816,950 -$0	$6,606,346
22	$10,944,513	-$4,009,800 -$0	$6,934,713
23	$11,491,569	-$4,212,211 -$0	$7,279,358
24	$12,066,291	-$4,424,858 -$0	$7,641,433
25	$12,669,462	-$4,648,031 -$0	$8,021,431
26	$13,303,170	-$4,882,503 -$0	$8,420,667
27	$13,968,198	-$5,128,564 -$0	$8,839,634
28	$14,666,634	-$5,386,985 -$0	$9,279,649
29	$15,400,044	-$5,658,347 -$0	$9,741,697
30	$16,169,994	-$5,943,228 -$0	$10,226,766