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 Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland 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(8.95%) | $16,405,350 | | Net Lumpsum Payment | $99,113,320 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,945,145 |
$2,160,034
$532,090 |
$3,253,021 |
| 2 |
$6,242,580 |
$2,270,085
$558,711 |
$3,413,784 |
| 3 |
$6,554,630 |
$2,385,543
$586,639 |
$3,582,448 |
| 4 |
$6,882,480 |
$2,506,848
$615,982 |
$3,759,650 |
| 5 |
$7,226,525 |
$2,634,145
$646,774 |
$3,945,606 |
| 6 |
$7,587,950 |
$2,767,872
$679,122 |
$4,140,956 |
| 7 |
$7,967,150 |
$2,908,176
$713,060 |
$4,345,914 |
| 8 |
$8,365,705 |
$3,055,641
$748,731 |
$4,561,333 |
| 9 |
$8,784,010 |
$3,210,414
$786,169 |
$4,787,427 |
| 10 |
$9,223,250 |
$3,372,933
$825,481 |
$5,024,836 |
| 11 |
$9,684,215 |
$3,543,490
$866,737 |
$5,273,988 |
| 12 |
$10,168,485 |
$3,722,670
$910,079 |
$5,535,736 |
| 13 |
$10,676,850 |
$3,910,765
$955,578 |
$5,810,507 |
| 14 |
$11,210,890 |
$4,108,360
$1,003,375 |
$6,099,155 |
| 15 |
$11,771,395 |
$4,315,747
$1,053,540 |
$6,402,108 |
| 16 |
$12,359,945 |
$4,533,510
$1,106,215 |
$6,720,220 |
| 17 |
$12,977,725 |
$4,762,089
$1,161,506 |
$7,054,130 |
| 18 |
$13,626,710 |
$5,002,213
$1,219,591 |
$7,404,906 |
| 19 |
$14,308,085 |
$5,254,322
$1,280,574 |
$7,773,189 |
| 20 |
$15,023,430 |
$5,518,999
$1,344,597 |
$8,159,834 |
| 21 |
$15,774,720 |
$5,796,977
$1,411,837 |
$8,565,906 |
| 22 |
$16,563,535 |
$6,088,838
$1,482,436 |
$8,992,261 |
| 23 |
$17,391,455 |
$6,395,169
$1,556,535 |
$9,439,751 |
| 24 |
$18,261,245 |
$6,716,991
$1,634,381 |
$9,909,873 |
| 25 |
$19,174,090 |
$7,054,744
$1,716,081 |
$10,403,265 |
| 26 |
$20,133,150 |
$7,409,596
$1,801,917 |
$10,921,637 |
| 27 |
$21,139,610 |
$7,781,986
$1,891,995 |
$11,465,629 |
| 28 |
$22,196,630 |
$8,173,083
$1,986,598 |
$12,036,949 |
| 29 |
$23,306,580 |
$8,583,765
$2,085,939 |
$12,636,876 |
| 30 |
$24,471,830 |
$9,014,907
$2,190,229 |
$13,266,694 |
|
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