Idaho Lottery

IDLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 15, 2026 is estimated to be $227 Million, with a cash option of 96.3 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 Sep 15, 2026

Draw Date	Jackpot	Cash Option
Tue Sep 15, 2026	$227,000,000	$96,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$96,300,000
Federal Tax(24%)	$23,112,000
Additional Federal Tax	$12,479,330
State Tax(5.8%)	$5,585,400
Net Lumpsum Payment	$55,123,270

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,416,577	-$1,224,464 -$198,161	$1,993,952
2	$3,587,508	-$1,287,708 -$208,075	$2,091,725
3	$3,766,838	-$1,354,060 -$218,477	$2,194,301
4	$3,955,248	-$1,423,772 -$229,404	$2,302,072
5	$4,152,965	-$1,496,927 -$240,872	$2,415,166
6	$4,360,670	-$1,573,778 -$252,919	$2,533,973
7	$4,578,590	-$1,654,409 -$265,558	$2,658,623
8	$4,807,633	-$1,739,155 -$278,843	$2,789,635
9	$5,048,026	-$1,828,100 -$292,786	$2,927,140
10	$5,300,450	-$1,921,497 -$307,426	$3,071,527
11	$5,565,359	-$2,019,513 -$322,791	$3,223,055
12	$5,843,661	-$2,122,485 -$338,932	$3,382,244
13	$6,135,810	-$2,230,580 -$355,877	$3,549,353
14	$6,442,714	-$2,344,135 -$373,677	$3,724,902
15	$6,764,827	-$2,463,316 -$392,360	$3,909,151
16	$7,103,057	-$2,588,461 -$411,977	$4,102,619
17	$7,458,085	-$2,719,822 -$432,569	$4,305,694
18	$7,831,046	-$2,857,817 -$454,201	$4,519,028
19	$8,222,621	-$3,002,700 -$476,912	$4,743,009
20	$8,633,718	-$3,154,806 -$500,756	$4,978,156
21	$9,065,472	-$3,314,555 -$525,797	$5,225,120
22	$9,518,791	-$3,482,283 -$552,090	$5,484,418
23	$9,994,583	-$3,658,326 -$579,686	$5,756,571
24	$10,494,437	-$3,843,272 -$608,677	$6,042,488
25	$11,019,034	-$4,037,373 -$639,104	$6,342,557
26	$11,570,190	-$4,241,301 -$671,071	$6,657,818
27	$12,148,586	-$4,455,307 -$704,618	$6,988,661
28	$12,756,038	-$4,680,064 -$739,850	$7,336,124
29	$13,393,908	-$4,916,076 -$776,847	$7,700,985
30	$14,063,558	-$5,163,847 -$815,686	$8,084,025