Idaho Lottery

IDLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Oct 27, 2026 is estimated to be $443 Million, with a cash option of 186.5 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 Oct 27, 2026

Draw Date	Jackpot	Cash Option
Tue Oct 27, 2026	$443,000,000	$186,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$186,500,000
Federal Tax(24%)	$44,760,000
Additional Federal Tax	$24,205,330
State Tax(5.8%)	$10,817,000
Net Lumpsum Payment	$106,717,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,667,593	-$2,427,340 -$386,720	$3,853,533
2	$7,001,172	-$2,550,764 -$406,068	$4,044,340
3	$7,351,142	-$2,680,253 -$426,366	$4,244,523
4	$7,718,832	-$2,816,298 -$447,692	$4,454,842
5	$8,104,685	-$2,959,064 -$470,072	$4,675,549
6	$8,510,030	-$3,109,041 -$493,582	$4,907,407
7	$8,935,310	-$3,266,395 -$518,248	$5,150,667
8	$9,382,297	-$3,431,780 -$544,173	$5,406,344
9	$9,851,434	-$3,605,361 -$571,383	$5,674,690
10	$10,344,050	-$3,787,629 -$599,955	$5,956,466
11	$10,861,031	-$3,978,912 -$629,940	$6,252,179
12	$11,404,149	-$4,179,866 -$661,441	$6,562,842
13	$11,974,290	-$4,390,818 -$694,509	$6,888,963
14	$12,573,226	-$4,612,424 -$729,247	$7,231,555
15	$13,201,843	-$4,845,012 -$765,707	$7,591,124
16	$13,861,913	-$5,089,238 -$803,991	$7,968,684
17	$14,554,765	-$5,345,593 -$844,176	$8,364,996
18	$15,282,614	-$5,614,898 -$886,392	$8,781,324
19	$16,046,789	-$5,897,642 -$930,714	$9,218,433
20	$16,849,062	-$6,194,483 -$977,246	$9,677,333
21	$17,691,648	-$6,506,240 -$1,026,116	$10,159,292
22	$18,576,319	-$6,833,568 -$1,077,427	$10,665,324
23	$19,504,847	-$7,177,124 -$1,131,281	$11,196,442
24	$20,480,333	-$7,538,054 -$1,187,859	$11,754,420
25	$21,504,106	-$7,916,850 -$1,247,238	$12,340,018
26	$22,579,710	-$8,314,823 -$1,309,623	$12,955,264
27	$23,708,474	-$8,732,466 -$1,375,091	$13,600,917
28	$24,893,942	-$9,171,089 -$1,443,849	$14,279,004
29	$26,138,772	-$9,631,676 -$1,516,049	$14,991,047
30	$27,445,622	-$10,115,211 -$1,591,846	$15,738,565