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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho 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(5.8%) | $10,103,600 | | Net Lumpsum Payment | $99,682,070 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,794,635 |
$2,104,345 $336,089 |
$3,354,201 |
| 2 |
$6,084,540 |
$2,211,610 $352,903 |
$3,520,027 |
| 3 |
$6,388,690 |
$2,324,146 $370,544 |
$3,694,000 |
| 4 |
$6,708,240 |
$2,442,379 $389,078 |
$3,876,783 |
| 5 |
$7,043,575 |
$2,566,453 $408,527 |
$4,068,595 |
| 6 |
$7,395,850 |
$2,696,795 $428,959 |
$4,270,096 |
| 7 |
$7,765,450 |
$2,833,547 $450,396 |
$4,481,507 |
| 8 |
$8,153,915 |
$2,977,279 $472,927 |
$4,703,709 |
| 9 |
$8,561,630 |
$3,128,133 $496,575 |
$4,936,922 |
| 10 |
$8,989,750 |
$3,286,538 $521,406 |
$5,181,806 |
| 11 |
$9,439,045 |
$3,452,777 $547,465 |
$5,438,803 |
| 12 |
$9,911,055 |
$3,627,421 $574,841 |
$5,708,793 |
| 13 |
$10,406,550 |
$3,810,754 $603,580 |
$5,992,216 |
| 14 |
$10,927,070 |
$4,003,346 $633,770 |
$6,289,954 |
| 15 |
$11,473,385 |
$4,205,483 $665,456 |
$6,602,446 |
| 16 |
$12,047,035 |
$4,417,733 $698,728 |
$6,930,574 |
| 17 |
$12,649,175 |
$4,640,525 $733,652 |
$7,274,998 |
| 18 |
$13,281,730 |
$4,874,570 $770,340 |
$7,636,820 |
| 19 |
$13,945,855 |
$5,120,297 $808,860 |
$8,016,698 |
| 20 |
$14,643,090 |
$5,378,274 $849,299 |
$8,415,517 |
| 21 |
$15,375,360 |
$5,649,214 $891,771 |
$8,834,375 |
| 22 |
$16,144,205 |
$5,933,686 $936,364 |
$9,274,155 |
| 23 |
$16,951,165 |
$6,232,261 $983,168 |
$9,735,736 |
| 24 |
$17,798,935 |
$6,545,936 $1,032,338 |
$10,220,661 |
| 25 |
$18,688,670 |
$6,875,138 $1,083,943 |
$10,729,589 |
| 26 |
$19,623,450 |
$7,221,007 $1,138,160 |
$11,264,283 |
| 27 |
$20,604,430 |
$7,583,969 $1,195,057 |
$11,825,404 |
| 28 |
$21,634,690 |
$7,965,166 $1,254,812 |
$12,414,712 |
| 29 |
$22,716,540 |
$8,365,450 $1,317,559 |
$13,033,531 |
| 30 |
$23,852,290 |
$8,785,678 $1,383,433 |
$13,683,179 |
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