Wisconsin Lottery

WILottery 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 Wisconsin, your state will take 7.65% 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.

Wisconsin 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(7.65%)	$6,265,350
Net Lumpsum Payment	$45,371,320

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,709,180	-$962,727 -$207,252	$1,539,201
2	$2,844,720	-$1,012,877 -$217,621	$1,614,222
3	$2,986,920	-$1,065,491 -$228,499	$1,692,930
4	$3,136,320	-$1,120,769 -$239,928	$1,775,623
5	$3,293,100	-$1,178,777 -$251,922	$1,862,401
6	$3,457,800	-$1,239,716 -$264,522	$1,953,562
7	$3,630,600	-$1,303,652 -$277,741	$2,049,207
8	$3,812,220	-$1,370,852 -$291,635	$2,149,733
9	$4,002,840	-$1,441,381 -$306,217	$2,255,242
10	$4,203,000	-$1,515,440 -$321,530	$2,366,030
11	$4,413,060	-$1,593,163 -$337,599	$2,482,298
12	$4,633,740	-$1,674,814 -$354,481	$2,604,445
13	$4,865,400	-$1,760,528 -$372,203	$2,732,669
14	$5,108,760	-$1,850,572 -$390,820	$2,867,368
15	$5,364,180	-$1,945,077 -$410,360	$3,008,743
16	$5,632,380	-$2,044,311 -$430,877	$3,157,192
17	$5,913,900	-$2,148,473 -$452,413	$3,313,014
18	$6,209,640	-$2,257,897 -$475,037	$3,476,706
19	$6,520,140	-$2,372,782 -$498,791	$3,648,567
20	$6,846,120	-$2,493,395 -$523,728	$3,828,997
21	$7,188,480	-$2,620,068 -$549,919	$4,018,493
22	$7,547,940	-$2,753,068 -$577,417	$4,217,455
23	$7,925,220	-$2,892,662 -$606,279	$4,426,279
24	$8,321,580	-$3,039,315 -$636,601	$4,645,664
25	$8,737,560	-$3,193,228 -$668,423	$4,875,909
26	$9,174,600	-$3,354,932 -$701,857	$5,117,811
27	$9,633,240	-$3,524,629 -$736,943	$5,371,668
28	$10,114,920	-$3,702,851 -$773,791	$5,638,278
29	$10,620,720	-$3,889,997 -$812,485	$5,918,238
30	$11,151,720	-$4,086,467 -$853,107	$6,212,146