Jackpot Analysis Maryland Mega Millions

Jackpot Analysis for Maryland Mega Millions
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 Maryland residents, the state will deduct 8.95% from your lottery earnings.

Maryland MEGA Millions Jackpot/Cash Option for Tue Feb 10, 2026
Draw DateTue 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(8.95%)$14,821,200
Net Lumpsum Payment$89,546,470
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $5,508,666 $1,998,537
$493,026
$3,017,103
2 $5,784,264 $2,100,508
$517,692
$3,166,064
3 $6,073,404 $2,207,490
$543,570
$3,322,344
4 $6,377,184 $2,319,888
$570,758
$3,486,538
5 $6,695,970 $2,437,839
$599,289
$3,658,842
6 $7,030,860 $2,561,749
$629,262
$3,839,849
7 $7,382,220 $2,691,752
$660,709
$4,029,759
8 $7,751,514 $2,828,391
$693,761
$4,229,362
9 $8,139,108 $2,971,800
$728,450
$4,438,858
10 $8,546,100 $3,122,387
$764,876
$4,658,837
11 $8,973,222 $3,280,423
$803,103
$4,889,696
12 $9,421,938 $3,446,447
$843,263
$5,132,228
13 $9,892,980 $3,620,733
$885,422
$5,386,825
14 $10,387,812 $3,803,821
$929,709
$5,654,282
15 $10,907,166 $3,995,982
$976,191
$5,934,993
16 $11,452,506 $4,197,758
$1,024,999
$6,229,749
17 $12,024,930 $4,409,554
$1,076,231
$6,539,145
18 $12,626,268 $4,632,050
$1,130,051
$6,864,167
19 $13,257,618 $4,865,649
$1,186,557
$7,205,412
20 $13,920,444 $5,110,895
$1,245,880
$7,563,669
21 $14,616,576 $5,368,464
$1,308,184
$7,939,928
22 $15,347,478 $5,638,897
$1,373,599
$8,334,982
23 $16,114,614 $5,922,738
$1,442,258
$8,749,618
24 $16,920,546 $6,220,932
$1,514,389
$9,185,225
25 $17,766,372 $6,533,888
$1,590,090
$9,642,394
26 $18,655,020 $6,862,688
$1,669,624
$10,122,708
27 $19,587,588 $7,207,738
$1,753,089
$10,626,761
28 $20,567,004 $7,570,122
$1,840,747
$11,156,135
29 $21,595,464 $7,950,652
$1,932,794
$11,712,018
30 $22,675,164 $8,350,141
$2,029,427
$12,295,596