The Mega Millions jackpot has reached an estimated $800 million ahead of the Tuesday night drawing on July 28, 2026, after no ticket matched all six numbers in recent drawings.
The cash value is $344.2 million, according to lottery officials.
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Historic Prize and Comparison
This jackpot is the 10th-largest grand prize in Mega Millions history. It trails the $810 million jackpot won in Texas on September 10, 2024.
The game record remains $1.602 billion, won in Florida on August 8, 2023.
Meanwhile, the Powerball jackpot has also grown to $633 million, with a cash value of $277.2 million, after its July 25 drawing produced no winner.
Payout Options and Tax Considerations
Winners can choose between a lump-sum cash payment or an annuity option: an immediate payment followed by 29 annual checks that increase by 5% each year.
The last Mega Millions jackpot win was $60 million in Ohio on March 17.
After taxes, payouts vary by state.
Nine states, including California, Florida, Texas, and Washington, impose no state tax on lottery winnings, preserving an annuitized value of roughly $505.3 million.
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New York has the highest state lottery tax in the nation.
Anonymity and Ticket Details
Nearly 20 states, such as Delaware, Texas, New Jersey, and South Carolina, allow winners to remain anonymous.
In other states, winners often use legal trusts to claim prizes discreetly.
Mega Millions tickets cost $5 each and are sold in 45 states, the District of Columbia, and the U.
S. Virgin Islands.
Drawings occur twice a week on Tuesdays and Fridays at 11 p. m.
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