Pennsylvania Lottery

PALottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Jan 6, 2026 is estimated to be $180 Million, with a cash option of 81.9 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 Pennsylvania, your state will take 3.07% 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.

Pennsylvania MEGA Millions Jackpot/Cash Option for Tue Jan 6, 2026

Draw Date	Jackpot	Cash Option
Tue Jan 6, 2026	$180,000,000	$81,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$81,900,000
Federal Tax(24%)	$19,656,000
Additional Federal Tax	$10,607,330
State Tax(3.07%)	$2,514,330
Net Lumpsum Payment	$49,122,340

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,709,180	-$962,727 -$83,172	$1,663,281
2	$2,844,720	-$1,012,877 -$87,333	$1,744,510
3	$2,986,920	-$1,065,491 -$91,698	$1,829,731
4	$3,136,320	-$1,120,769 -$96,285	$1,919,266
5	$3,293,100	-$1,178,777 -$101,098	$2,013,225
6	$3,457,800	-$1,239,716 -$106,154	$2,111,930
7	$3,630,600	-$1,303,652 -$111,459	$2,215,489
8	$3,812,220	-$1,370,852 -$117,035	$2,324,333
9	$4,002,840	-$1,441,381 -$122,887	$2,438,572
10	$4,203,000	-$1,515,440 -$129,032	$2,558,528
11	$4,413,060	-$1,593,163 -$135,481	$2,684,416
12	$4,633,740	-$1,674,814 -$142,256	$2,816,670
13	$4,865,400	-$1,760,528 -$149,368	$2,955,504
14	$5,108,760	-$1,850,572 -$156,839	$3,101,349
15	$5,364,180	-$1,945,077 -$164,680	$3,254,423
16	$5,632,380	-$2,044,311 -$172,914	$3,415,155
17	$5,913,900	-$2,148,473 -$181,557	$3,583,870
18	$6,209,640	-$2,257,897 -$190,636	$3,761,107
19	$6,520,140	-$2,372,782 -$200,168	$3,947,190
20	$6,846,120	-$2,493,395 -$210,176	$4,142,549
21	$7,188,480	-$2,620,068 -$220,686	$4,347,726
22	$7,547,940	-$2,753,068 -$231,722	$4,563,150
23	$7,925,220	-$2,892,662 -$243,304	$4,789,254
24	$8,321,580	-$3,039,315 -$255,473	$5,026,792
25	$8,737,560	-$3,193,228 -$268,243	$5,276,089
26	$9,174,600	-$3,354,932 -$281,660	$5,538,008
27	$9,633,240	-$3,524,629 -$295,740	$5,812,871
28	$10,114,920	-$3,702,851 -$310,528	$6,101,541
29	$10,620,720	-$3,889,997 -$326,056	$6,404,667
30	$11,151,720	-$4,086,467 -$342,358	$6,722,895