The jackpot for the MEGA Millions draw on Fri Feb 13, 2026, is projected to be $385 Million, with an option for a cash payout of $174.2 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 Rhode Island residents, the state will deduct 5.99% from your lottery earnings.
| Rhode Island MEGA Millions Jackpot/Cash Option for Fri Feb 13, 2026 |
|---|
| Draw Date | Fri Feb 13, 2026 | | Projected Jackpot | $385,000,000 | | Cash Value | $174,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $174,200,000 | | Federal Tax(24%) | $41,808,000 | | Additional Federal Tax | $22,606,330 | | State Tax(5.99%) | $10,434,580 | | Net Lumpsum Payment | $99,351,090 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,794,635 |
$2,104,345
$347,099 |
$3,343,191 |
| 2 |
$6,084,540 |
$2,211,610
$364,464 |
$3,508,466 |
| 3 |
$6,388,690 |
$2,324,146
$382,683 |
$3,681,861 |
| 4 |
$6,708,240 |
$2,442,379
$401,824 |
$3,864,037 |
| 5 |
$7,043,575 |
$2,566,453
$421,910 |
$4,055,212 |
| 6 |
$7,395,850 |
$2,696,795
$443,011 |
$4,256,044 |
| 7 |
$7,765,450 |
$2,833,547
$465,150 |
$4,466,753 |
| 8 |
$8,153,915 |
$2,977,279
$488,420 |
$4,688,216 |
| 9 |
$8,561,630 |
$3,128,133
$512,842 |
$4,920,655 |
| 10 |
$8,989,750 |
$3,286,538
$538,486 |
$5,164,726 |
| 11 |
$9,439,045 |
$3,452,777
$565,399 |
$5,420,869 |
| 12 |
$9,911,055 |
$3,627,421
$593,672 |
$5,689,962 |
| 13 |
$10,406,550 |
$3,810,754
$623,352 |
$5,972,444 |
| 14 |
$10,927,070 |
$4,003,346
$654,531 |
$6,269,193 |
| 15 |
$11,473,385 |
$4,205,483
$687,256 |
$6,580,646 |
| 16 |
$12,047,035 |
$4,417,733
$721,617 |
$6,907,685 |
| 17 |
$12,649,175 |
$4,640,525
$757,686 |
$7,250,964 |
| 18 |
$13,281,730 |
$4,874,570
$795,576 |
$7,611,584 |
| 19 |
$13,945,855 |
$5,120,297
$835,357 |
$7,990,201 |
| 20 |
$14,643,090 |
$5,378,274
$877,121 |
$8,387,695 |
| 21 |
$15,375,360 |
$5,649,214
$920,984 |
$8,805,162 |
| 22 |
$16,144,205 |
$5,933,686
$967,038 |
$9,243,481 |
| 23 |
$16,951,165 |
$6,232,261
$1,015,375 |
$9,703,529 |
| 24 |
$17,798,935 |
$6,545,936
$1,066,156 |
$10,186,843 |
| 25 |
$18,688,670 |
$6,875,138
$1,119,451 |
$10,694,081 |
| 26 |
$19,623,450 |
$7,221,007
$1,175,445 |
$11,226,998 |
| 27 |
$20,604,430 |
$7,583,969
$1,234,205 |
$11,786,256 |
| 28 |
$21,634,690 |
$7,965,166
$1,295,918 |
$12,373,606 |
| 29 |
$22,716,540 |
$8,365,450
$1,360,721 |
$12,990,369 |
| 30 |
$23,852,290 |
$8,785,678
$1,428,752 |
$13,637,860 |
|
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