Maine Lottery

MELottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 15, 2026 is estimated to be $227 Million, with a cash option of 96.3 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 Maine, 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.

Maine MEGA Millions Jackpot/Cash Option for Tue Sep 15, 2026

Draw Date	Jackpot	Cash Option
Tue Sep 15, 2026	$227,000,000	$96,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$96,300,000
Federal Tax(24%)	$23,112,000
Additional Federal Tax	$12,479,330
State Tax(5%)	$4,815,000
Net Lumpsum Payment	$55,893,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,416,577	-$1,224,464 -$170,829	$2,021,284
2	$3,587,508	-$1,287,708 -$179,375	$2,120,425
3	$3,766,838	-$1,354,060 -$188,342	$2,224,436
4	$3,955,248	-$1,423,772 -$197,762	$2,333,714
5	$4,152,965	-$1,496,927 -$207,648	$2,448,390
6	$4,360,670	-$1,573,778 -$218,034	$2,568,858
7	$4,578,590	-$1,654,409 -$228,930	$2,695,251
8	$4,807,633	-$1,739,155 -$240,382	$2,828,096
9	$5,048,026	-$1,828,100 -$252,401	$2,967,525
10	$5,300,450	-$1,921,497 -$265,023	$3,113,930
11	$5,565,359	-$2,019,513 -$278,268	$3,267,578
12	$5,843,661	-$2,122,485 -$292,183	$3,428,993
13	$6,135,810	-$2,230,580 -$306,791	$3,598,439
14	$6,442,714	-$2,344,135 -$322,136	$3,776,443
15	$6,764,827	-$2,463,316 -$338,241	$3,963,270
16	$7,103,057	-$2,588,461 -$355,153	$4,159,443
17	$7,458,085	-$2,719,822 -$372,904	$4,365,359
18	$7,831,046	-$2,857,817 -$391,552	$4,581,677
19	$8,222,621	-$3,002,700 -$411,131	$4,808,790
20	$8,633,718	-$3,154,806 -$431,686	$5,047,226
21	$9,065,472	-$3,314,555 -$453,274	$5,297,643
22	$9,518,791	-$3,482,283 -$475,940	$5,560,568
23	$9,994,583	-$3,658,326 -$499,729	$5,836,528
24	$10,494,437	-$3,843,272 -$524,722	$6,126,443
25	$11,019,034	-$4,037,373 -$550,952	$6,430,709
26	$11,570,190	-$4,241,301 -$578,510	$6,750,379
27	$12,148,586	-$4,455,307 -$607,429	$7,085,850
28	$12,756,038	-$4,680,064 -$637,802	$7,438,172
29	$13,393,908	-$4,916,076 -$669,695	$7,808,137
30	$14,063,558	-$5,163,847 -$703,178	$8,196,533