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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana 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(6.75%) | $11,178,000 | | Net Lumpsum Payment | $93,189,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,508,666 |
$1,998,537
$371,835 |
$3,138,294 |
| 2 |
$5,784,264 |
$2,100,508
$390,438 |
$3,293,318 |
| 3 |
$6,073,404 |
$2,207,490
$409,955 |
$3,455,959 |
| 4 |
$6,377,184 |
$2,319,888
$430,460 |
$3,626,836 |
| 5 |
$6,695,970 |
$2,437,839
$451,978 |
$3,806,153 |
| 6 |
$7,030,860 |
$2,561,749
$474,583 |
$3,994,528 |
| 7 |
$7,382,220 |
$2,691,752
$498,300 |
$4,192,168 |
| 8 |
$7,751,514 |
$2,828,391
$523,227 |
$4,399,896 |
| 9 |
$8,139,108 |
$2,971,800
$549,390 |
$4,617,918 |
| 10 |
$8,546,100 |
$3,122,387
$576,862 |
$4,846,851 |
| 11 |
$8,973,222 |
$3,280,423
$605,692 |
$5,087,107 |
| 12 |
$9,421,938 |
$3,446,447
$635,981 |
$5,339,510 |
| 13 |
$9,892,980 |
$3,620,733
$667,776 |
$5,604,471 |
| 14 |
$10,387,812 |
$3,803,821
$701,177 |
$5,882,814 |
| 15 |
$10,907,166 |
$3,995,982
$736,234 |
$6,174,950 |
| 16 |
$11,452,506 |
$4,197,758
$773,044 |
$6,481,704 |
| 17 |
$12,024,930 |
$4,409,554
$811,683 |
$6,803,693 |
| 18 |
$12,626,268 |
$4,632,050
$852,273 |
$7,141,945 |
| 19 |
$13,257,618 |
$4,865,649
$894,889 |
$7,497,080 |
| 20 |
$13,920,444 |
$5,110,895
$939,630 |
$7,869,919 |
| 21 |
$14,616,576 |
$5,368,464
$986,619 |
$8,261,493 |
| 22 |
$15,347,478 |
$5,638,897
$1,035,955 |
$8,672,626 |
| 23 |
$16,114,614 |
$5,922,738
$1,087,736 |
$9,104,140 |
| 24 |
$16,920,546 |
$6,220,932
$1,142,137 |
$9,557,477 |
| 25 |
$17,766,372 |
$6,533,888
$1,199,230 |
$10,033,254 |
| 26 |
$18,655,020 |
$6,862,688
$1,259,214 |
$10,533,118 |
| 27 |
$19,587,588 |
$7,207,738
$1,322,162 |
$11,057,688 |
| 28 |
$20,567,004 |
$7,570,122
$1,388,273 |
$11,608,609 |
| 29 |
$21,595,464 |
$7,950,652
$1,457,694 |
$12,187,118 |
| 30 |
$22,675,164 |
$8,350,141
$1,530,574 |
$12,794,449 |
|
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