The jackpot for the MEGA Millions draw on Tue Feb 17, 2026, is projected to be $395 Million, with an option for a cash payout of $183.3 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC MEGA Millions Jackpot/Cash Option for Tue Feb 17, 2026 |
|---|
| Draw Date | Tue Feb 17, 2026 | | Projected Jackpot | $395,000,000 | | Cash Value | $183,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $183,300,000 | | Federal Tax(24%) | $43,992,000 | | Additional Federal Tax | $23,789,330 | | State Tax(10.75%) | $19,704,750 | | Net Lumpsum Payment | $95,813,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,945,145 |
$2,160,034
$639,103 |
$3,146,008 |
| 2 |
$6,242,580 |
$2,270,085
$671,077 |
$3,301,418 |
| 3 |
$6,554,630 |
$2,385,543
$704,623 |
$3,464,464 |
| 4 |
$6,882,480 |
$2,506,848
$739,867 |
$3,635,765 |
| 5 |
$7,226,525 |
$2,634,145
$776,851 |
$3,815,529 |
| 6 |
$7,587,950 |
$2,767,872
$815,705 |
$4,004,373 |
| 7 |
$7,967,150 |
$2,908,176
$856,469 |
$4,202,505 |
| 8 |
$8,365,705 |
$3,055,641
$899,313 |
$4,410,751 |
| 9 |
$8,784,010 |
$3,210,414
$944,281 |
$4,629,315 |
| 10 |
$9,223,250 |
$3,372,933
$991,499 |
$4,858,818 |
| 11 |
$9,684,215 |
$3,543,490
$1,041,053 |
$5,099,672 |
| 12 |
$10,168,485 |
$3,722,670
$1,093,112 |
$5,352,703 |
| 13 |
$10,676,850 |
$3,910,765
$1,147,761 |
$5,618,324 |
| 14 |
$11,210,890 |
$4,108,360
$1,205,171 |
$5,897,359 |
| 15 |
$11,771,395 |
$4,315,747
$1,265,425 |
$6,190,223 |
| 16 |
$12,359,945 |
$4,533,510
$1,328,694 |
$6,497,741 |
| 17 |
$12,977,725 |
$4,762,089
$1,395,105 |
$6,820,531 |
| 18 |
$13,626,710 |
$5,002,213
$1,464,871 |
$7,159,626 |
| 19 |
$14,308,085 |
$5,254,322
$1,538,119 |
$7,515,644 |
| 20 |
$15,023,430 |
$5,518,999
$1,615,019 |
$7,889,412 |
| 21 |
$15,774,720 |
$5,796,977
$1,695,782 |
$8,281,961 |
| 22 |
$16,563,535 |
$6,088,838
$1,780,580 |
$8,694,117 |
| 23 |
$17,391,455 |
$6,395,169
$1,869,581 |
$9,126,705 |
| 24 |
$18,261,245 |
$6,716,991
$1,963,084 |
$9,581,170 |
| 25 |
$19,174,090 |
$7,054,744
$2,061,215 |
$10,058,131 |
| 26 |
$20,133,150 |
$7,409,596
$2,164,314 |
$10,559,240 |
| 27 |
$21,139,610 |
$7,781,986
$2,272,508 |
$11,085,116 |
| 28 |
$22,196,630 |
$8,173,083
$2,386,138 |
$11,637,409 |
| 29 |
$23,306,580 |
$8,583,765
$2,505,457 |
$12,217,358 |
| 30 |
$24,471,830 |
$9,014,907
$2,630,722 |
$12,826,201 |
|
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