Jackpot Analysis Idaho Mega Millions

Jackpot Analysis for Idaho 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.

Idaho 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(5.8%)$9,604,800
Net Lumpsum Payment$94,762,870
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $5,508,666 $1,998,537
$319,503
$3,190,626
2 $5,784,264 $2,100,508
$335,487
$3,348,269
3 $6,073,404 $2,207,490
$352,257
$3,513,657
4 $6,377,184 $2,319,888
$369,877
$3,687,419
5 $6,695,970 $2,437,839
$388,366
$3,869,765
6 $7,030,860 $2,561,749
$407,790
$4,061,321
7 $7,382,220 $2,691,752
$428,169
$4,262,299
8 $7,751,514 $2,828,391
$449,588
$4,473,535
9 $8,139,108 $2,971,800
$472,068
$4,695,240
10 $8,546,100 $3,122,387
$495,674
$4,928,039
11 $8,973,222 $3,280,423
$520,447
$5,172,352
12 $9,421,938 $3,446,447
$546,472
$5,429,019
13 $9,892,980 $3,620,733
$573,793
$5,698,454
14 $10,387,812 $3,803,821
$602,493
$5,981,498
15 $10,907,166 $3,995,982
$632,616
$6,278,568
16 $11,452,506 $4,197,758
$664,245
$6,590,503
17 $12,024,930 $4,409,554
$697,446
$6,917,930
18 $12,626,268 $4,632,050
$732,324
$7,261,894
19 $13,257,618 $4,865,649
$768,942
$7,623,027
20 $13,920,444 $5,110,895
$807,386
$8,002,163
21 $14,616,576 $5,368,464
$847,761
$8,400,351
22 $15,347,478 $5,638,897
$890,154
$8,818,427
23 $16,114,614 $5,922,738
$934,648
$9,257,228
24 $16,920,546 $6,220,932
$981,392
$9,718,222
25 $17,766,372 $6,533,888
$1,030,450
$10,202,034
26 $18,655,020 $6,862,688
$1,081,991
$10,710,341
27 $19,587,588 $7,207,738
$1,136,080
$11,243,770
28 $20,567,004 $7,570,122
$1,192,886
$11,803,996
29 $21,595,464 $7,950,652
$1,252,537
$12,392,275
30 $22,675,164 $8,350,141
$1,315,160
$13,009,863