Wyoming Lottery

WYLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Jun 16, 2026 is estimated to be $430 Million, with a cash option of 191.2 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 16, 2026

Draw Date	Jackpot	Cash Option
Tue Jun 16, 2026	$430,000,000	$191,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$191,200,000
Federal Tax(24%)	$45,888,000
Additional Federal Tax	$24,816,330
State Tax(0%)	$0
Net Lumpsum Payment	$120,495,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,471,930	-$2,354,944 -$0	$4,116,986
2	$6,795,720	-$2,474,747 -$0	$4,320,973
3	$7,135,420	-$2,600,436 -$0	$4,534,984
4	$7,492,320	-$2,732,489 -$0	$4,759,831
5	$7,866,850	-$2,871,065 -$0	$4,995,785
6	$8,260,300	-$3,016,641 -$0	$5,243,659
7	$8,673,100	-$3,169,377 -$0	$5,503,723
8	$9,106,970	-$3,329,909 -$0	$5,777,061
9	$9,562,340	-$3,498,396 -$0	$6,063,944
10	$10,040,500	-$3,675,315 -$0	$6,365,185
11	$10,542,310	-$3,860,985 -$0	$6,681,325
12	$11,069,490	-$4,056,042 -$0	$7,013,448
13	$11,622,900	-$4,260,803 -$0	$7,362,097
14	$12,204,260	-$4,475,907 -$0	$7,728,353
15	$12,814,430	-$4,701,669 -$0	$8,112,761
16	$13,455,130	-$4,938,728 -$0	$8,516,402
17	$14,127,650	-$5,187,561 -$0	$8,940,089
18	$14,834,140	-$5,448,962 -$0	$9,385,178
19	$15,575,890	-$5,723,410 -$0	$9,852,480
20	$16,354,620	-$6,011,540 -$0	$10,343,080
21	$17,172,480	-$6,314,148 -$0	$10,858,332
22	$18,031,190	-$6,631,871 -$0	$11,399,319
23	$18,932,470	-$6,965,344 -$0	$11,967,126
24	$19,879,330	-$7,315,682 -$0	$12,563,648
25	$20,873,060	-$7,683,363 -$0	$13,189,697
26	$21,917,100	-$8,069,657 -$0	$13,847,443
27	$23,012,740	-$8,475,044 -$0	$14,537,696
28	$24,163,420	-$8,900,796 -$0	$15,262,624
29	$25,371,720	-$9,347,867 -$0	$16,023,853
30	$26,640,220	-$9,817,212 -$0	$16,823,008