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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana 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(4.75%) | $7,866,000 | | Net Lumpsum Payment | $96,501,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,508,666 |
$1,998,537
$261,662 |
$3,248,467 |
| 2 |
$5,784,264 |
$2,100,508
$274,753 |
$3,409,003 |
| 3 |
$6,073,404 |
$2,207,490
$288,487 |
$3,577,427 |
| 4 |
$6,377,184 |
$2,319,888
$302,916 |
$3,754,380 |
| 5 |
$6,695,970 |
$2,437,839
$318,059 |
$3,940,072 |
| 6 |
$7,030,860 |
$2,561,749
$333,966 |
$4,135,145 |
| 7 |
$7,382,220 |
$2,691,752
$350,655 |
$4,339,813 |
| 8 |
$7,751,514 |
$2,828,391
$368,197 |
$4,554,926 |
| 9 |
$8,139,108 |
$2,971,800
$386,608 |
$4,780,700 |
| 10 |
$8,546,100 |
$3,122,387
$405,940 |
$5,017,773 |
| 11 |
$8,973,222 |
$3,280,423
$426,228 |
$5,266,571 |
| 12 |
$9,421,938 |
$3,446,447
$447,542 |
$5,527,949 |
| 13 |
$9,892,980 |
$3,620,733
$469,917 |
$5,802,330 |
| 14 |
$10,387,812 |
$3,803,821
$493,421 |
$6,090,570 |
| 15 |
$10,907,166 |
$3,995,982
$518,090 |
$6,393,094 |
| 16 |
$11,452,506 |
$4,197,758
$543,994 |
$6,710,754 |
| 17 |
$12,024,930 |
$4,409,554
$571,184 |
$7,044,192 |
| 18 |
$12,626,268 |
$4,632,050
$599,748 |
$7,394,470 |
| 19 |
$13,257,618 |
$4,865,649
$629,737 |
$7,762,232 |
| 20 |
$13,920,444 |
$5,110,895
$661,221 |
$8,148,328 |
| 21 |
$14,616,576 |
$5,368,464
$694,287 |
$8,553,825 |
| 22 |
$15,347,478 |
$5,638,897
$729,005 |
$8,979,576 |
| 23 |
$16,114,614 |
$5,922,738
$765,444 |
$9,426,432 |
| 24 |
$16,920,546 |
$6,220,932
$803,726 |
$9,895,888 |
| 25 |
$17,766,372 |
$6,533,888
$843,903 |
$10,388,581 |
| 26 |
$18,655,020 |
$6,862,688
$886,113 |
$10,906,219 |
| 27 |
$19,587,588 |
$7,207,738
$930,410 |
$11,449,440 |
| 28 |
$20,567,004 |
$7,570,122
$976,933 |
$12,019,949 |
| 29 |
$21,595,464 |
$7,950,652
$1,025,785 |
$12,619,027 |
| 30 |
$22,675,164 |
$8,350,141
$1,077,070 |
$13,247,953 |
|
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