Jackpot Analysis Connecticut Mega Millions

Jackpot Analysis for Connecticut Mega Millions
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 Connecticut residents, the state will deduct 6.99% from your lottery earnings.

Connecticut MEGA Millions Jackpot/Cash Option for Tue Feb 10, 2026
Draw DateTue 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(6.99%)$11,575,440
Net Lumpsum Payment$92,792,230
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $5,508,666 $1,998,537
$385,056
$3,125,073
2 $5,784,264 $2,100,508
$404,320
$3,279,436
3 $6,073,404 $2,207,490
$424,531
$3,441,383
4 $6,377,184 $2,319,888
$445,765
$3,611,531
5 $6,695,970 $2,437,839
$468,048
$3,790,083
6 $7,030,860 $2,561,749
$491,457
$3,977,654
7 $7,382,220 $2,691,752
$516,017
$4,174,451
8 $7,751,514 $2,828,391
$541,831
$4,381,292
9 $8,139,108 $2,971,800
$568,924
$4,598,384
10 $8,546,100 $3,122,387
$597,372
$4,826,341
11 $8,973,222 $3,280,423
$627,228
$5,065,571
12 $9,421,938 $3,446,447
$658,593
$5,316,898
13 $9,892,980 $3,620,733
$691,519
$5,580,728
14 $10,387,812 $3,803,821
$726,108
$5,857,883
15 $10,907,166 $3,995,982
$762,411
$6,148,773
16 $11,452,506 $4,197,758
$800,530
$6,454,218
17 $12,024,930 $4,409,554
$840,543
$6,774,833
18 $12,626,268 $4,632,050
$882,576
$7,111,642
19 $13,257,618 $4,865,649
$926,707
$7,465,262
20 $13,920,444 $5,110,895
$973,039
$7,836,510
21 $14,616,576 $5,368,464
$1,021,699
$8,226,413
22 $15,347,478 $5,638,897
$1,072,789
$8,635,792
23 $16,114,614 $5,922,738
$1,126,412
$9,065,464
24 $16,920,546 $6,220,932
$1,182,746
$9,516,868
25 $17,766,372 $6,533,888
$1,241,869
$9,990,615
26 $18,655,020 $6,862,688
$1,303,986
$10,488,346
27 $19,587,588 $7,207,738
$1,369,172
$11,010,678
28 $20,567,004 $7,570,122
$1,437,634
$11,559,248
29 $21,595,464 $7,950,652
$1,509,523
$12,135,289
30 $22,675,164 $8,350,141
$1,584,994
$12,740,029