Jackpot Analysis Idaho Mega Millions

Jackpot Analysis for Idaho Mega Millions
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 DateFri 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