Idaho Lottery

IDLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Apr 21, 2026 is estimated to be $140 Million, with a cash option of 62.8 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 Idaho, your state will take 5.8% 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.

Idaho MEGA Millions Jackpot/Cash Option for Tue Apr 21, 2026

Draw Date	Jackpot	Cash Option
Tue Apr 21, 2026	$140,000,000	$62,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$62,800,000
Federal Tax(24%)	$15,072,000
Additional Federal Tax	$8,124,330
State Tax(5.8%)	$3,642,400
Net Lumpsum Payment	$35,961,270

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,107,140	-$739,972 -$122,214	$1,244,954
2	$2,212,560	-$778,978 -$128,328	$1,305,254
3	$2,323,160	-$819,900 -$134,743	$1,368,517
4	$2,439,360	-$862,894 -$141,483	$1,434,983
5	$2,561,300	-$908,011 -$148,555	$1,504,734
6	$2,689,400	-$955,408 -$155,985	$1,578,007
7	$2,823,800	-$1,005,136 -$163,780	$1,654,884
8	$2,965,060	-$1,057,403 -$171,973	$1,735,684
9	$3,113,320	-$1,112,259 -$180,573	$1,820,488
10	$3,269,000	-$1,169,860 -$189,602	$1,909,538
11	$3,432,380	-$1,230,311 -$199,078	$2,002,991
12	$3,604,020	-$1,293,818 -$209,033	$2,101,169
13	$3,784,200	-$1,360,484 -$219,484	$2,204,232
14	$3,973,480	-$1,430,518 -$230,462	$2,312,500
15	$4,172,140	-$1,504,022 -$241,984	$2,426,134
16	$4,380,740	-$1,581,204 -$254,083	$2,545,453
17	$4,599,700	-$1,662,219 -$266,783	$2,670,698
18	$4,829,720	-$1,747,327 -$280,124	$2,802,269
19	$5,071,220	-$1,836,682 -$294,131	$2,940,407
20	$5,324,760	-$1,930,492 -$308,836	$3,085,432
21	$5,591,040	-$2,029,015 -$324,280	$3,237,745
22	$5,870,620	-$2,132,460 -$340,496	$3,397,664
23	$6,164,060	-$2,241,033 -$357,515	$3,565,512
24	$6,472,340	-$2,355,096 -$375,396	$3,741,848
25	$6,795,880	-$2,474,806 -$394,161	$3,926,913
26	$7,135,800	-$2,600,576 -$413,876	$4,121,348
27	$7,492,520	-$2,732,563 -$434,566	$4,325,391
28	$7,867,160	-$2,871,180 -$456,295	$4,539,685
29	$8,260,560	-$3,016,738 -$479,112	$4,764,710
30	$8,673,560	-$3,169,548 -$503,066	$5,000,946