Idaho Lottery

IDLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Nov 13, 2026 is estimated to be $555 Million, with a cash option of 235.2 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. 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 Fri Nov 13, 2026

Draw Date	Jackpot	Cash Option
Fri Nov 13, 2026	$555,000,000	$235,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$235,200,000
Federal Tax(24%)	$56,448,000
Additional Federal Tax	$30,536,330
State Tax(5.8%)	$13,641,600
Net Lumpsum Payment	$134,574,070

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,353,305	-$3,051,053 -$484,492	$4,817,760
2	$8,771,220	-$3,205,682 -$508,731	$5,056,807
3	$9,209,670	-$3,367,908 -$534,161	$5,307,601
4	$9,670,320	-$3,538,349 -$560,879	$5,571,092
5	$10,153,725	-$3,717,209 -$588,916	$5,847,600
6	$10,661,550	-$3,905,104 -$618,370	$6,138,076
7	$11,194,350	-$4,102,240 -$649,272	$6,442,838
8	$11,754,345	-$4,309,438 -$681,752	$6,763,155
9	$12,342,090	-$4,526,904 -$715,841	$7,099,345
10	$12,959,250	-$4,755,253 -$751,637	$7,452,360
11	$13,606,935	-$4,994,896 -$789,202	$7,822,837
12	$14,287,365	-$5,246,655 -$828,667	$8,212,043
13	$15,001,650	-$5,510,941 -$870,096	$8,620,613
14	$15,752,010	-$5,788,574 -$913,617	$9,049,819
15	$16,539,555	-$6,079,966 -$959,294	$9,500,295
16	$17,366,505	-$6,385,937 -$1,007,257	$9,973,311
17	$18,234,525	-$6,707,105 -$1,057,602	$10,469,818
18	$19,146,390	-$7,044,495 -$1,110,491	$10,991,404
19	$20,103,765	-$7,398,723 -$1,166,018	$11,539,024
20	$21,108,870	-$7,770,612 -$1,224,314	$12,113,944
21	$22,164,480	-$8,161,188 -$1,285,540	$12,717,752
22	$23,272,815	-$8,571,272 -$1,349,823	$13,351,720
23	$24,436,095	-$9,001,686 -$1,417,294	$14,017,115
24	$25,658,205	-$9,453,866 -$1,488,176	$14,716,163
25	$26,940,810	-$9,928,430 -$1,562,567	$15,449,813
26	$28,288,350	-$10,427,020 -$1,640,724	$16,220,606
27	$29,702,490	-$10,950,252 -$1,722,744	$17,029,494
28	$31,187,670	-$11,499,768 -$1,808,885	$17,879,017
29	$32,747,220	-$12,076,802 -$1,899,339	$18,771,079
30	$34,384,470	-$12,682,584 -$1,994,299	$19,707,587