The jackpot for the MEGA Millions draw on Fri Feb 13, 2026, is projected to be $385 Million, with an option for a cash payout of $174.2 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Connecticut residents, the state will deduct 6.99% from your lottery earnings.
| Connecticut MEGA Millions Jackpot/Cash Option for Fri Feb 13, 2026 |
|---|
| Draw Date | Fri Feb 13, 2026 | | Projected Jackpot | $385,000,000 | | Cash Value | $174,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $174,200,000 | | Federal Tax(24%) | $41,808,000 | | Additional Federal Tax | $22,606,330 | | State Tax(6.99%) | $12,176,580 | | Net Lumpsum Payment | $97,609,090 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,794,635 |
$2,104,345
$405,045 |
$3,285,245 |
| 2 |
$6,084,540 |
$2,211,610
$425,309 |
$3,447,621 |
| 3 |
$6,388,690 |
$2,324,146
$446,569 |
$3,617,975 |
| 4 |
$6,708,240 |
$2,442,379
$468,906 |
$3,796,955 |
| 5 |
$7,043,575 |
$2,566,453
$492,346 |
$3,984,776 |
| 6 |
$7,395,850 |
$2,696,795
$516,970 |
$4,182,085 |
| 7 |
$7,765,450 |
$2,833,547
$542,805 |
$4,389,098 |
| 8 |
$8,153,915 |
$2,977,279
$569,959 |
$4,606,677 |
| 9 |
$8,561,630 |
$3,128,133
$598,458 |
$4,835,039 |
| 10 |
$8,989,750 |
$3,286,538
$628,384 |
$5,074,828 |
| 11 |
$9,439,045 |
$3,452,777
$659,789 |
$5,326,479 |
| 12 |
$9,911,055 |
$3,627,421
$692,783 |
$5,590,851 |
| 13 |
$10,406,550 |
$3,810,754
$727,418 |
$5,868,378 |
| 14 |
$10,927,070 |
$4,003,346
$763,802 |
$6,159,922 |
| 15 |
$11,473,385 |
$4,205,483
$801,990 |
$6,465,912 |
| 16 |
$12,047,035 |
$4,417,733
$842,088 |
$6,787,214 |
| 17 |
$12,649,175 |
$4,640,525
$884,177 |
$7,124,473 |
| 18 |
$13,281,730 |
$4,874,570
$928,393 |
$7,478,767 |
| 19 |
$13,945,855 |
$5,120,297
$974,815 |
$7,850,743 |
| 20 |
$14,643,090 |
$5,378,274
$1,023,552 |
$8,241,264 |
| 21 |
$15,375,360 |
$5,649,214
$1,074,738 |
$8,651,408 |
| 22 |
$16,144,205 |
$5,933,686
$1,128,480 |
$9,082,039 |
| 23 |
$16,951,165 |
$6,232,261
$1,184,886 |
$9,534,018 |
| 24 |
$17,798,935 |
$6,545,936
$1,244,146 |
$10,008,853 |
| 25 |
$18,688,670 |
$6,875,138
$1,306,338 |
$10,507,194 |
| 26 |
$19,623,450 |
$7,221,007
$1,371,679 |
$11,030,764 |
| 27 |
$20,604,430 |
$7,583,969
$1,440,250 |
$11,580,211 |
| 28 |
$21,634,690 |
$7,965,166
$1,512,265 |
$12,157,259 |
| 29 |
$22,716,540 |
$8,365,450
$1,587,886 |
$12,763,204 |
| 30 |
$23,852,290 |
$8,785,678
$1,667,275 |
$13,399,337 |
|
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