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 Nebraska residents, the state will deduct 5% from your lottery earnings.
| Nebraska 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(5%) | $8,710,000 | | Net Lumpsum Payment | $101,075,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,794,635 |
$2,104,345 $289,732 |
$3,400,558 |
| 2 |
$6,084,540 |
$2,211,610 $304,227 |
$3,568,703 |
| 3 |
$6,388,690 |
$2,324,146 $319,435 |
$3,745,109 |
| 4 |
$6,708,240 |
$2,442,379 $335,412 |
$3,930,449 |
| 5 |
$7,043,575 |
$2,566,453 $352,179 |
$4,124,943 |
| 6 |
$7,395,850 |
$2,696,795 $369,793 |
$4,329,262 |
| 7 |
$7,765,450 |
$2,833,547 $388,273 |
$4,543,630 |
| 8 |
$8,153,915 |
$2,977,279 $407,696 |
$4,768,940 |
| 9 |
$8,561,630 |
$3,128,133 $428,082 |
$5,005,415 |
| 10 |
$8,989,750 |
$3,286,538 $449,488 |
$5,253,724 |
| 11 |
$9,439,045 |
$3,452,777 $471,952 |
$5,514,316 |
| 12 |
$9,911,055 |
$3,627,421 $495,553 |
$5,788,081 |
| 13 |
$10,406,550 |
$3,810,754 $520,328 |
$6,075,468 |
| 14 |
$10,927,070 |
$4,003,346 $546,354 |
$6,377,370 |
| 15 |
$11,473,385 |
$4,205,483 $573,669 |
$6,694,233 |
| 16 |
$12,047,035 |
$4,417,733 $602,352 |
$7,026,950 |
| 17 |
$12,649,175 |
$4,640,525 $632,459 |
$7,376,191 |
| 18 |
$13,281,730 |
$4,874,570 $664,087 |
$7,743,073 |
| 19 |
$13,945,855 |
$5,120,297 $697,293 |
$8,128,265 |
| 20 |
$14,643,090 |
$5,378,274 $732,155 |
$8,532,661 |
| 21 |
$15,375,360 |
$5,649,214 $768,768 |
$8,957,378 |
| 22 |
$16,144,205 |
$5,933,686 $807,210 |
$9,403,309 |
| 23 |
$16,951,165 |
$6,232,261 $847,558 |
$9,871,346 |
| 24 |
$17,798,935 |
$6,545,936 $889,947 |
$10,363,052 |
| 25 |
$18,688,670 |
$6,875,138 $934,434 |
$10,879,098 |
| 26 |
$19,623,450 |
$7,221,007 $981,173 |
$11,421,270 |
| 27 |
$20,604,430 |
$7,583,969 $1,030,222 |
$11,990,239 |
| 28 |
$21,634,690 |
$7,965,166 $1,081,735 |
$12,587,789 |
| 29 |
$22,716,540 |
$8,365,450 $1,135,827 |
$13,215,263 |
| 30 |
$23,852,290 |
$8,785,678 $1,192,615 |
$13,873,997 |
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