The jackpot for the MEGA Millions draw on Tue Feb 3, 2026, is projected to be $323 Million, with an option for a cash payout of $145.7 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 3, 2026 |
|---|
| Draw Date | Tue Feb 3, 2026 | | Projected Jackpot | $323,000,000 | | Cash Value | $145,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $145,700,000 | | Federal Tax(24%) | $34,968,000 | | Additional Federal Tax | $18,901,330 | | State Tax(10.75%) | $15,662,750 | | Net Lumpsum Payment | $76,167,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,861,473 |
$1,759,075
$522,608 |
$2,579,790 |
| 2 |
$5,104,692 |
$1,849,066
$548,754 |
$2,706,872 |
| 3 |
$5,359,862 |
$1,943,479
$576,185 |
$2,840,198 |
| 4 |
$5,627,952 |
$2,042,673
$605,005 |
$2,980,274 |
| 5 |
$5,909,285 |
$2,146,766
$635,248 |
$3,127,271 |
| 6 |
$6,204,830 |
$2,256,117
$667,019 |
$3,281,694 |
| 7 |
$6,514,910 |
$2,370,847
$700,353 |
$3,443,710 |
| 8 |
$6,840,817 |
$2,491,433
$735,388 |
$3,613,996 |
| 9 |
$7,182,874 |
$2,617,994
$772,159 |
$3,792,721 |
| 10 |
$7,542,050 |
$2,750,889
$810,770 |
$3,980,391 |
| 11 |
$7,918,991 |
$2,890,357
$851,292 |
$4,177,342 |
| 12 |
$8,314,989 |
$3,036,876
$893,861 |
$4,384,252 |
| 13 |
$8,730,690 |
$3,190,686
$938,549 |
$4,601,455 |
| 14 |
$9,167,386 |
$3,352,263
$985,494 |
$4,829,629 |
| 15 |
$9,625,723 |
$3,521,848
$1,034,765 |
$5,069,110 |
| 16 |
$10,106,993 |
$3,699,918
$1,086,502 |
$5,320,573 |
| 17 |
$10,612,165 |
$3,886,831
$1,140,808 |
$5,584,526 |
| 18 |
$11,142,854 |
$4,083,186
$1,197,857 |
$5,861,811 |
| 19 |
$11,700,029 |
$4,289,341
$1,257,753 |
$6,152,935 |
| 20 |
$12,284,982 |
$4,505,774
$1,320,636 |
$6,458,572 |
| 21 |
$12,899,328 |
$4,733,082
$1,386,678 |
$6,779,568 |
| 22 |
$13,544,359 |
$4,971,743
$1,456,019 |
$7,116,597 |
| 23 |
$14,221,367 |
$5,222,236
$1,528,797 |
$7,470,334 |
| 24 |
$14,932,613 |
$5,485,397
$1,605,256 |
$7,841,960 |
| 25 |
$15,679,066 |
$5,761,585
$1,685,500 |
$8,231,981 |
| 26 |
$16,463,310 |
$6,051,755
$1,769,806 |
$8,641,749 |
| 27 |
$17,286,314 |
$6,356,267
$1,858,279 |
$9,071,768 |
| 28 |
$18,150,662 |
$6,676,075
$1,951,196 |
$9,523,391 |
| 29 |
$19,058,292 |
$7,011,898
$2,048,766 |
$9,997,628 |
| 30 |
$20,011,142 |
$7,364,453
$2,151,198 |
$10,495,491 |
|
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