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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina 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(6.9%) | $11,426,400 | | Net Lumpsum Payment | $92,941,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,508,666 |
$1,998,537
$380,098 |
$3,130,031 |
| 2 |
$5,784,264 |
$2,100,508
$399,114 |
$3,284,642 |
| 3 |
$6,073,404 |
$2,207,490
$419,065 |
$3,446,849 |
| 4 |
$6,377,184 |
$2,319,888
$440,026 |
$3,617,270 |
| 5 |
$6,695,970 |
$2,437,839
$462,022 |
$3,796,109 |
| 6 |
$7,030,860 |
$2,561,749
$485,129 |
$3,983,982 |
| 7 |
$7,382,220 |
$2,691,752
$509,373 |
$4,181,095 |
| 8 |
$7,751,514 |
$2,828,391
$534,854 |
$4,388,269 |
| 9 |
$8,139,108 |
$2,971,800
$561,598 |
$4,605,710 |
| 10 |
$8,546,100 |
$3,122,387
$589,681 |
$4,834,032 |
| 11 |
$8,973,222 |
$3,280,423
$619,152 |
$5,073,647 |
| 12 |
$9,421,938 |
$3,446,447
$650,114 |
$5,325,377 |
| 13 |
$9,892,980 |
$3,620,733
$682,616 |
$5,589,631 |
| 14 |
$10,387,812 |
$3,803,821
$716,759 |
$5,867,232 |
| 15 |
$10,907,166 |
$3,995,982
$752,594 |
$6,158,590 |
| 16 |
$11,452,506 |
$4,197,758
$790,223 |
$6,464,525 |
| 17 |
$12,024,930 |
$4,409,554
$829,720 |
$6,785,656 |
| 18 |
$12,626,268 |
$4,632,050
$871,212 |
$7,123,006 |
| 19 |
$13,257,618 |
$4,865,649
$914,776 |
$7,477,193 |
| 20 |
$13,920,444 |
$5,110,895
$960,511 |
$7,849,038 |
| 21 |
$14,616,576 |
$5,368,464
$1,008,544 |
$8,239,568 |
| 22 |
$15,347,478 |
$5,638,897
$1,058,976 |
$8,649,605 |
| 23 |
$16,114,614 |
$5,922,738
$1,111,908 |
$9,079,968 |
| 24 |
$16,920,546 |
$6,220,932
$1,167,518 |
$9,532,096 |
| 25 |
$17,766,372 |
$6,533,888
$1,225,880 |
$10,006,604 |
| 26 |
$18,655,020 |
$6,862,688
$1,287,196 |
$10,505,136 |
| 27 |
$19,587,588 |
$7,207,738
$1,351,544 |
$11,028,306 |
| 28 |
$20,567,004 |
$7,570,122
$1,419,123 |
$11,577,759 |
| 29 |
$21,595,464 |
$7,950,652
$1,490,087 |
$12,154,725 |
| 30 |
$22,675,164 |
$8,350,141
$1,564,586 |
$12,760,437 |
|
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