Washington DC Lottery

DCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jan 23, 2026 is estimated to be $266 Million, with a cash option of 120.8 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. Additionally, if you are a resident of Washington DC, your state will take 10.75% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Washington DC MEGA Millions Jackpot/Cash Option for Fri Jan 23, 2026

Draw Date	Jackpot	Cash Option
Fri Jan 23, 2026	$266,000,000	$120,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$120,800,000
Federal Tax(24%)	$28,992,000
Additional Federal Tax	$15,664,330
State Tax(10.75%)	$12,986,000
Net Lumpsum Payment	$63,157,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,003,566	-$1,441,650 -$430,383	$2,131,533
2	$4,203,864	-$1,515,760 -$451,915	$2,236,189
3	$4,414,004	-$1,593,512 -$474,505	$2,345,987
4	$4,634,784	-$1,675,200 -$498,239	$2,461,345
5	$4,866,470	-$1,760,924 -$523,146	$2,582,400
6	$5,109,860	-$1,850,979 -$549,310	$2,709,571
7	$5,365,220	-$1,945,462 -$576,761	$2,842,997
8	$5,633,614	-$2,044,768 -$605,614	$2,983,232
9	$5,915,308	-$2,148,994 -$635,896	$3,130,418
10	$6,211,100	-$2,258,437 -$667,693	$3,284,970
11	$6,521,522	-$2,373,294 -$701,064	$3,447,164
12	$6,847,638	-$2,493,956 -$736,121	$3,617,561
13	$7,189,980	-$2,620,623 -$772,923	$3,796,434
14	$7,549,612	-$2,753,687 -$811,583	$3,984,342
15	$7,927,066	-$2,893,345 -$852,160	$4,181,561
16	$8,323,406	-$3,039,991 -$894,766	$4,388,649
17	$8,739,430	-$3,193,919 -$939,489	$4,606,022
18	$9,176,468	-$3,355,624 -$986,470	$4,834,374
19	$9,635,318	-$3,525,398 -$1,035,797	$5,074,123
20	$10,117,044	-$3,703,637 -$1,087,582	$5,325,825
21	$10,622,976	-$3,890,832 -$1,141,970	$5,590,174
22	$11,154,178	-$4,087,376 -$1,199,074	$5,867,728
23	$11,711,714	-$4,293,665 -$1,259,009	$6,159,040
24	$12,297,446	-$4,510,385 -$1,321,975	$6,465,086
25	$12,912,172	-$4,737,834 -$1,388,058	$6,786,280
26	$13,558,020	-$4,976,798 -$1,457,487	$7,123,735
27	$14,235,788	-$5,227,572 -$1,530,347	$7,477,869
28	$14,947,604	-$5,490,944 -$1,606,867	$7,849,793
29	$15,695,064	-$5,767,504 -$1,687,219	$8,240,341
30	$16,479,764	-$6,057,843 -$1,771,575	$8,650,346