Idaho Lottery

IDLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Mar 10, 2026 is estimated to be $533 Million, with a cash option of 244.2 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 Tue Mar 10, 2026

Draw Date	Jackpot	Cash Option
Tue Mar 10, 2026	$533,000,000	$244,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$244,200,000
Federal Tax(24%)	$58,608,000
Additional Federal Tax	$31,706,330
State Tax(5.8%)	$14,163,600
Net Lumpsum Payment	$139,722,070

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,022,183	-$2,928,538 -$465,287	$4,628,358
2	$8,423,532	-$3,077,037 -$488,565	$4,857,930
3	$8,844,602	-$3,232,833 -$512,987	$5,098,782
4	$9,286,992	-$3,396,517 -$538,646	$5,351,829
5	$9,751,235	-$3,568,287 -$565,572	$5,617,376
6	$10,238,930	-$3,748,734 -$593,858	$5,896,338
7	$10,750,610	-$3,938,056 -$623,535	$6,189,019
8	$11,288,407	-$4,137,041 -$654,728	$6,496,638
9	$11,852,854	-$4,345,886 -$687,466	$6,819,502
10	$12,445,550	-$4,565,184 -$721,842	$7,158,524
11	$13,067,561	-$4,795,328 -$757,919	$7,514,314
12	$13,721,019	-$5,037,107 -$795,819	$7,888,093
13	$14,406,990	-$5,290,917 -$835,605	$8,280,468
14	$15,127,606	-$5,557,545 -$877,401	$8,692,660
15	$15,883,933	-$5,837,386 -$921,268	$9,125,279
16	$16,678,103	-$6,131,228 -$967,330	$9,579,545
17	$17,511,715	-$6,439,665 -$1,015,679	$10,056,371
18	$18,387,434	-$6,763,681 -$1,066,471	$10,557,282
19	$19,306,859	-$7,103,868 -$1,119,798	$11,083,193
20	$20,272,122	-$7,461,016 -$1,175,783	$11,635,323
21	$21,285,888	-$7,836,109 -$1,234,582	$12,215,197
22	$22,350,289	-$8,229,937 -$1,296,317	$12,824,035
23	$23,467,457	-$8,643,289 -$1,361,113	$13,463,055
24	$24,641,123	-$9,077,546 -$1,429,185	$14,134,392
25	$25,872,886	-$9,533,298 -$1,500,627	$14,838,961
26	$27,167,010	-$10,012,124 -$1,575,687	$15,579,199
27	$28,525,094	-$10,514,615 -$1,654,455	$16,356,024
28	$29,951,402	-$11,042,349 -$1,737,181	$17,171,872
29	$31,449,132	-$11,596,509 -$1,824,050	$18,028,573
30	$33,021,482	-$12,178,279 -$1,915,246	$18,927,957