The jackpot for the MEGA Millions draw on Tue Feb 10, 2026, is projected to be $366 Million, with an option for a cash payout of $165.6 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 Oregon residents, the state will deduct 8% from your lottery earnings.
| Oregon MEGA Millions Jackpot/Cash Option for Tue Feb 10, 2026 |
|---|
| Draw Date | Tue Feb 10, 2026 | | Projected Jackpot | $366,000,000 | | Cash Value | $165,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $165,600,000 | | Federal Tax(24%) | $39,744,000 | | Additional Federal Tax | $21,488,330 | | State Tax(8%) | $13,248,000 | | Net Lumpsum Payment | $91,119,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,508,666 |
$1,998,537
$440,693 |
$3,069,436 |
| 2 |
$5,784,264 |
$2,100,508
$462,741 |
$3,221,015 |
| 3 |
$6,073,404 |
$2,207,490
$485,872 |
$3,380,042 |
| 4 |
$6,377,184 |
$2,319,888
$510,175 |
$3,547,121 |
| 5 |
$6,695,970 |
$2,437,839
$535,678 |
$3,722,453 |
| 6 |
$7,030,860 |
$2,561,749
$562,469 |
$3,906,642 |
| 7 |
$7,382,220 |
$2,691,752
$590,578 |
$4,099,890 |
| 8 |
$7,751,514 |
$2,828,391
$620,121 |
$4,303,002 |
| 9 |
$8,139,108 |
$2,971,800
$651,129 |
$4,516,179 |
| 10 |
$8,546,100 |
$3,122,387
$683,688 |
$4,740,025 |
| 11 |
$8,973,222 |
$3,280,423
$717,858 |
$4,974,941 |
| 12 |
$9,421,938 |
$3,446,447
$753,755 |
$5,221,736 |
| 13 |
$9,892,980 |
$3,620,733
$791,438 |
$5,480,809 |
| 14 |
$10,387,812 |
$3,803,821
$831,025 |
$5,752,966 |
| 15 |
$10,907,166 |
$3,995,982
$872,573 |
$6,038,611 |
| 16 |
$11,452,506 |
$4,197,758
$916,200 |
$6,338,548 |
| 17 |
$12,024,930 |
$4,409,554
$961,994 |
$6,653,382 |
| 18 |
$12,626,268 |
$4,632,050
$1,010,101 |
$6,984,117 |
| 19 |
$13,257,618 |
$4,865,649
$1,060,609 |
$7,331,360 |
| 20 |
$13,920,444 |
$5,110,895
$1,113,636 |
$7,695,913 |
| 21 |
$14,616,576 |
$5,368,464
$1,169,326 |
$8,078,786 |
| 22 |
$15,347,478 |
$5,638,897
$1,227,798 |
$8,480,783 |
| 23 |
$16,114,614 |
$5,922,738
$1,289,169 |
$8,902,707 |
| 24 |
$16,920,546 |
$6,220,932
$1,353,644 |
$9,345,970 |
| 25 |
$17,766,372 |
$6,533,888
$1,421,310 |
$9,811,174 |
| 26 |
$18,655,020 |
$6,862,688
$1,492,402 |
$10,299,930 |
| 27 |
$19,587,588 |
$7,207,738
$1,567,007 |
$10,812,843 |
| 28 |
$20,567,004 |
$7,570,122
$1,645,360 |
$11,351,522 |
| 29 |
$21,595,464 |
$7,950,652
$1,727,637 |
$11,917,175 |
| 30 |
$22,675,164 |
$8,350,141
$1,814,013 |
$12,511,010 |
|
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