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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina 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(6.9%) | $12,019,800 | | Net Lumpsum Payment | $97,765,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,794,635 |
$2,104,345
$399,830 |
$3,290,460 |
| 2 |
$6,084,540 |
$2,211,610
$419,833 |
$3,453,097 |
| 3 |
$6,388,690 |
$2,324,146
$440,820 |
$3,623,724 |
| 4 |
$6,708,240 |
$2,442,379
$462,869 |
$3,802,992 |
| 5 |
$7,043,575 |
$2,566,453
$486,007 |
$3,991,115 |
| 6 |
$7,395,850 |
$2,696,795
$510,314 |
$4,188,741 |
| 7 |
$7,765,450 |
$2,833,547
$535,816 |
$4,396,087 |
| 8 |
$8,153,915 |
$2,977,279
$562,620 |
$4,614,016 |
| 9 |
$8,561,630 |
$3,128,133
$590,752 |
$4,842,745 |
| 10 |
$8,989,750 |
$3,286,538
$620,293 |
$5,082,919 |
| 11 |
$9,439,045 |
$3,452,777
$651,294 |
$5,334,974 |
| 12 |
$9,911,055 |
$3,627,421
$683,863 |
$5,599,771 |
| 13 |
$10,406,550 |
$3,810,754
$718,052 |
$5,877,744 |
| 14 |
$10,927,070 |
$4,003,346
$753,968 |
$6,169,756 |
| 15 |
$11,473,385 |
$4,205,483
$791,664 |
$6,476,238 |
| 16 |
$12,047,035 |
$4,417,733
$831,245 |
$6,798,057 |
| 17 |
$12,649,175 |
$4,640,525
$872,793 |
$7,135,857 |
| 18 |
$13,281,730 |
$4,874,570
$916,439 |
$7,490,721 |
| 19 |
$13,945,855 |
$5,120,297
$962,264 |
$7,863,294 |
| 20 |
$14,643,090 |
$5,378,274
$1,010,373 |
$8,254,443 |
| 21 |
$15,375,360 |
$5,649,214
$1,060,900 |
$8,665,246 |
| 22 |
$16,144,205 |
$5,933,686
$1,113,950 |
$9,096,569 |
| 23 |
$16,951,165 |
$6,232,261
$1,169,630 |
$9,549,274 |
| 24 |
$17,798,935 |
$6,545,936
$1,228,127 |
$10,024,872 |
| 25 |
$18,688,670 |
$6,875,138
$1,289,518 |
$10,524,014 |
| 26 |
$19,623,450 |
$7,221,007
$1,354,018 |
$11,048,425 |
| 27 |
$20,604,430 |
$7,583,969
$1,421,706 |
$11,598,755 |
| 28 |
$21,634,690 |
$7,965,166
$1,492,794 |
$12,176,730 |
| 29 |
$22,716,540 |
$8,365,450
$1,567,441 |
$12,783,649 |
| 30 |
$23,852,290 |
$8,785,678
$1,645,808 |
$13,420,804 |
|
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