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 Colorado residents, the state will deduct 4% from your lottery earnings.
| Colorado MEGA Millions Jackpot/Cash Option for Tue Feb 10, 2026 |
|---|
| Draw Date | Tue 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(4%) | $6,624,000 | | Net Lumpsum Payment | $97,743,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,508,666 |
$1,998,537
$220,347 |
$3,289,782 |
| 2 |
$5,784,264 |
$2,100,508
$231,371 |
$3,452,385 |
| 3 |
$6,073,404 |
$2,207,490
$242,936 |
$3,622,978 |
| 4 |
$6,377,184 |
$2,319,888
$255,087 |
$3,802,209 |
| 5 |
$6,695,970 |
$2,437,839
$267,839 |
$3,990,292 |
| 6 |
$7,030,860 |
$2,561,749
$281,234 |
$4,187,877 |
| 7 |
$7,382,220 |
$2,691,752
$295,289 |
$4,395,179 |
| 8 |
$7,751,514 |
$2,828,391
$310,061 |
$4,613,062 |
| 9 |
$8,139,108 |
$2,971,800
$325,564 |
$4,841,744 |
| 10 |
$8,546,100 |
$3,122,387
$341,844 |
$5,081,869 |
| 11 |
$8,973,222 |
$3,280,423
$358,929 |
$5,333,870 |
| 12 |
$9,421,938 |
$3,446,447
$376,878 |
$5,598,613 |
| 13 |
$9,892,980 |
$3,620,733
$395,719 |
$5,876,528 |
| 14 |
$10,387,812 |
$3,803,821
$415,512 |
$6,168,479 |
| 15 |
$10,907,166 |
$3,995,982
$436,287 |
$6,474,897 |
| 16 |
$11,452,506 |
$4,197,758
$458,100 |
$6,796,648 |
| 17 |
$12,024,930 |
$4,409,554
$480,997 |
$7,134,379 |
| 18 |
$12,626,268 |
$4,632,050
$505,051 |
$7,489,167 |
| 19 |
$13,257,618 |
$4,865,649
$530,305 |
$7,861,664 |
| 20 |
$13,920,444 |
$5,110,895
$556,818 |
$8,252,731 |
| 21 |
$14,616,576 |
$5,368,464
$584,663 |
$8,663,449 |
| 22 |
$15,347,478 |
$5,638,897
$613,899 |
$9,094,682 |
| 23 |
$16,114,614 |
$5,922,738
$644,585 |
$9,547,291 |
| 24 |
$16,920,546 |
$6,220,932
$676,822 |
$10,022,792 |
| 25 |
$17,766,372 |
$6,533,888
$710,655 |
$10,521,829 |
| 26 |
$18,655,020 |
$6,862,688
$746,201 |
$11,046,131 |
| 27 |
$19,587,588 |
$7,207,738
$783,504 |
$11,596,346 |
| 28 |
$20,567,004 |
$7,570,122
$822,680 |
$12,174,202 |
| 29 |
$21,595,464 |
$7,950,652
$863,819 |
$12,780,993 |
| 30 |
$22,675,164 |
$8,350,141
$907,007 |
$13,418,016 |
|
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