Kentucky Lottery

KYLottery 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 Kentucky, your state will take 4.5% 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.

Kentucky 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(4.5%)	$10,989,000
Net Lumpsum Payment	$142,896,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,022,183	-$2,928,538 -$360,998	$4,732,647
2	$8,423,532	-$3,077,037 -$379,059	$4,967,436
3	$8,844,602	-$3,232,833 -$398,007	$5,213,762
4	$9,286,992	-$3,396,517 -$417,915	$5,472,560
5	$9,751,235	-$3,568,287 -$438,806	$5,744,142
6	$10,238,930	-$3,748,734 -$460,752	$6,029,444
7	$10,750,610	-$3,938,056 -$483,777	$6,328,777
8	$11,288,407	-$4,137,041 -$507,978	$6,643,388
9	$11,852,854	-$4,345,886 -$533,378	$6,973,590
10	$12,445,550	-$4,565,184 -$560,050	$7,320,316
11	$13,067,561	-$4,795,328 -$588,040	$7,684,193
12	$13,721,019	-$5,037,107 -$617,446	$8,066,466
13	$14,406,990	-$5,290,917 -$648,315	$8,467,758
14	$15,127,606	-$5,557,545 -$680,742	$8,889,319
15	$15,883,933	-$5,837,386 -$714,777	$9,331,770
16	$16,678,103	-$6,131,228 -$750,515	$9,796,360
17	$17,511,715	-$6,439,665 -$788,027	$10,284,023
18	$18,387,434	-$6,763,681 -$827,435	$10,796,318
19	$19,306,859	-$7,103,868 -$868,809	$11,334,182
20	$20,272,122	-$7,461,016 -$912,245	$11,898,861
21	$21,285,888	-$7,836,109 -$957,865	$12,491,914
22	$22,350,289	-$8,229,937 -$1,005,763	$13,114,589
23	$23,467,457	-$8,643,289 -$1,056,036	$13,768,132
24	$24,641,123	-$9,077,546 -$1,108,851	$14,454,726
25	$25,872,886	-$9,533,298 -$1,164,280	$15,175,308
26	$27,167,010	-$10,012,124 -$1,222,515	$15,932,371
27	$28,525,094	-$10,514,615 -$1,283,629	$16,726,850
28	$29,951,402	-$11,042,349 -$1,347,813	$17,561,240
29	$31,449,132	-$11,596,509 -$1,415,211	$18,437,412
30	$33,021,482	-$12,178,279 -$1,485,967	$19,357,236