Kansas Lottery

KSLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Oct 6, 2026 is estimated to be $345 Million, with a cash option of 139.6 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 Kansas, your state will take 5% 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.

Kansas MEGA Millions Jackpot/Cash Option for Tue Oct 6, 2026

Draw Date	Jackpot	Cash Option
Tue Oct 6, 2026	$345,000,000	$139,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$139,600,000
Federal Tax(24%)	$33,504,000
Additional Federal Tax	$18,108,330
State Tax(5%)	$6,980,000
Net Lumpsum Payment	$81,007,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,192,595	-$1,881,591 -$259,630	$3,051,374
2	$5,452,380	-$1,977,711 -$272,619	$3,202,050
3	$5,724,930	-$2,078,554 -$286,247	$3,360,129
4	$6,011,280	-$2,184,504 -$300,564	$3,526,212
5	$6,311,775	-$2,295,687 -$315,589	$3,700,499
6	$6,627,450	-$2,412,487 -$331,373	$3,883,590
7	$6,958,650	-$2,535,031 -$347,933	$4,075,686
8	$7,306,755	-$2,663,830 -$365,338	$4,277,587
9	$7,672,110	-$2,799,011 -$383,606	$4,489,493
10	$8,055,750	-$2,940,958 -$402,788	$4,712,004
11	$8,458,365	-$3,089,925 -$422,918	$4,945,522
12	$8,881,335	-$3,246,424 -$444,067	$5,190,844
13	$9,325,350	-$3,410,710 -$466,268	$5,448,372
14	$9,791,790	-$3,583,293 -$489,590	$5,718,907
15	$10,281,345	-$3,764,428 -$514,067	$6,002,850
16	$10,795,395	-$3,954,627 -$539,770	$6,300,998
17	$11,334,975	-$4,154,271 -$566,749	$6,613,955
18	$11,901,810	-$4,364,000 -$595,091	$6,942,719
19	$12,496,935	-$4,584,196 -$624,847	$7,287,892
20	$13,121,730	-$4,815,370 -$656,087	$7,650,273
21	$13,777,920	-$5,058,161 -$688,896	$8,030,863
22	$14,466,885	-$5,313,078 -$723,344	$8,430,463
23	$15,190,005	-$5,580,632 -$759,500	$8,849,873
24	$15,949,695	-$5,861,718 -$797,485	$9,290,492
25	$16,746,990	-$6,156,717 -$837,350	$9,752,923
26	$17,584,650	-$6,466,651 -$879,233	$10,238,766
27	$18,463,710	-$6,791,903 -$923,186	$10,748,621
28	$19,386,930	-$7,133,494 -$969,347	$11,284,089
29	$20,356,380	-$7,492,191 -$1,017,819	$11,846,370
30	$21,374,130	-$7,868,758 -$1,068,707	$12,436,665