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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho 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(5.8%) | $10,631,400 | | Net Lumpsum Payment | $104,887,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,945,145 |
$2,160,034
$344,818 |
$3,440,293 |
| 2 |
$6,242,580 |
$2,270,085
$362,070 |
$3,610,425 |
| 3 |
$6,554,630 |
$2,385,543
$380,169 |
$3,788,918 |
| 4 |
$6,882,480 |
$2,506,848
$399,184 |
$3,976,448 |
| 5 |
$7,226,525 |
$2,634,145
$419,138 |
$4,173,242 |
| 6 |
$7,587,950 |
$2,767,872
$440,101 |
$4,379,977 |
| 7 |
$7,967,150 |
$2,908,176
$462,095 |
$4,596,879 |
| 8 |
$8,365,705 |
$3,055,641
$485,211 |
$4,824,853 |
| 9 |
$8,784,010 |
$3,210,414
$509,473 |
$5,064,123 |
| 10 |
$9,223,250 |
$3,372,933
$534,949 |
$5,315,368 |
| 11 |
$9,684,215 |
$3,543,490
$561,684 |
$5,579,041 |
| 12 |
$10,168,485 |
$3,722,670
$589,772 |
$5,856,043 |
| 13 |
$10,676,850 |
$3,910,765
$619,257 |
$6,146,828 |
| 14 |
$11,210,890 |
$4,108,360
$650,232 |
$6,452,298 |
| 15 |
$11,771,395 |
$4,315,747
$682,741 |
$6,772,907 |
| 16 |
$12,359,945 |
$4,533,510
$716,877 |
$7,109,558 |
| 17 |
$12,977,725 |
$4,762,089
$752,708 |
$7,462,928 |
| 18 |
$13,626,710 |
$5,002,213
$790,349 |
$7,834,148 |
| 19 |
$14,308,085 |
$5,254,322
$829,869 |
$8,223,894 |
| 20 |
$15,023,430 |
$5,518,999
$871,359 |
$8,633,072 |
| 21 |
$15,774,720 |
$5,796,977
$914,934 |
$9,062,809 |
| 22 |
$16,563,535 |
$6,088,838
$960,685 |
$9,514,012 |
| 23 |
$17,391,455 |
$6,395,169
$1,008,704 |
$9,987,582 |
| 24 |
$18,261,245 |
$6,716,991
$1,059,152 |
$10,485,102 |
| 25 |
$19,174,090 |
$7,054,744
$1,112,097 |
$11,007,249 |
| 26 |
$20,133,150 |
$7,409,596
$1,167,723 |
$11,555,831 |
| 27 |
$21,139,610 |
$7,781,986
$1,226,097 |
$12,131,527 |
| 28 |
$22,196,630 |
$8,173,083
$1,287,405 |
$12,736,142 |
| 29 |
$23,306,580 |
$8,583,765
$1,351,782 |
$13,371,033 |
| 30 |
$24,471,830 |
$9,014,907
$1,419,366 |
$14,037,557 |
|
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