Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jul 24, 2026 is estimated to be $743 Million, with a cash option of 323.4 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 24, 2026

Draw Date	Jackpot	Cash Option
Fri Jul 24, 2026	$743,000,000	$323,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$323,400,000
Federal Tax(24%)	$77,616,000
Additional Federal Tax	$42,002,330
State Tax(0%)	$0
Net Lumpsum Payment	$203,781,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$11,182,893	-$4,098,001 -$0	$7,084,892
2	$11,742,372	-$4,305,008 -$0	$7,437,364
3	$12,329,342	-$4,522,187 -$0	$7,807,155
4	$12,946,032	-$4,750,362 -$0	$8,195,670
5	$13,593,185	-$4,989,809 -$0	$8,603,376
6	$14,273,030	-$5,241,351 -$0	$9,031,679
7	$14,986,310	-$5,505,265 -$0	$9,481,045
8	$15,735,997	-$5,782,649 -$0	$9,953,348
9	$16,522,834	-$6,073,779 -$0	$10,449,055
10	$17,349,050	-$6,379,479 -$0	$10,969,571
11	$18,216,131	-$6,700,299 -$0	$11,515,832
12	$19,127,049	-$7,037,339 -$0	$12,089,710
13	$20,083,290	-$7,391,148 -$0	$12,692,142
14	$21,087,826	-$7,762,826 -$0	$13,325,000
15	$22,142,143	-$8,152,923 -$0	$13,989,220
16	$23,249,213	-$8,562,539 -$0	$14,686,674
17	$24,411,265	-$8,992,498 -$0	$15,418,767
18	$25,632,014	-$9,444,176 -$0	$16,187,838
19	$26,913,689	-$9,918,395 -$0	$16,995,294
20	$28,259,262	-$10,416,257 -$0	$17,843,005
21	$29,672,448	-$10,939,136 -$0	$18,733,312
22	$31,156,219	-$11,488,131 -$0	$19,668,088
23	$32,713,547	-$12,064,343 -$0	$20,649,204
24	$34,349,633	-$12,669,695 -$0	$21,679,938
25	$36,066,706	-$13,305,012 -$0	$22,761,694
26	$37,870,710	-$13,972,493 -$0	$23,898,217
27	$39,763,874	-$14,672,964 -$0	$25,090,910
28	$41,752,142	-$15,408,623 -$0	$26,343,519
29	$43,839,972	-$16,181,120 -$0	$27,658,852
30	$46,031,822	-$16,992,105 -$0	$29,039,717