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 Vermont residents, the state will deduct 6% from your lottery earnings.
| Vermont 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%) | $9,936,000 | | Net Lumpsum Payment | $94,431,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,508,666 |
$1,998,537
$330,520 |
$3,179,609 |
| 2 |
$5,784,264 |
$2,100,508
$347,056 |
$3,336,700 |
| 3 |
$6,073,404 |
$2,207,490
$364,404 |
$3,501,510 |
| 4 |
$6,377,184 |
$2,319,888
$382,631 |
$3,674,665 |
| 5 |
$6,695,970 |
$2,437,839
$401,758 |
$3,856,373 |
| 6 |
$7,030,860 |
$2,561,749
$421,852 |
$4,047,259 |
| 7 |
$7,382,220 |
$2,691,752
$442,933 |
$4,247,535 |
| 8 |
$7,751,514 |
$2,828,391
$465,091 |
$4,458,032 |
| 9 |
$8,139,108 |
$2,971,800
$488,346 |
$4,678,962 |
| 10 |
$8,546,100 |
$3,122,387
$512,766 |
$4,910,947 |
| 11 |
$8,973,222 |
$3,280,423
$538,393 |
$5,154,406 |
| 12 |
$9,421,938 |
$3,446,447
$565,316 |
$5,410,175 |
| 13 |
$9,892,980 |
$3,620,733
$593,579 |
$5,678,668 |
| 14 |
$10,387,812 |
$3,803,821
$623,269 |
$5,960,722 |
| 15 |
$10,907,166 |
$3,995,982
$654,430 |
$6,256,754 |
| 16 |
$11,452,506 |
$4,197,758
$687,150 |
$6,567,598 |
| 17 |
$12,024,930 |
$4,409,554
$721,496 |
$6,893,880 |
| 18 |
$12,626,268 |
$4,632,050
$757,576 |
$7,236,642 |
| 19 |
$13,257,618 |
$4,865,649
$795,457 |
$7,596,512 |
| 20 |
$13,920,444 |
$5,110,895
$835,227 |
$7,974,322 |
| 21 |
$14,616,576 |
$5,368,464
$876,995 |
$8,371,117 |
| 22 |
$15,347,478 |
$5,638,897
$920,849 |
$8,787,732 |
| 23 |
$16,114,614 |
$5,922,738
$966,877 |
$9,224,999 |
| 24 |
$16,920,546 |
$6,220,932
$1,015,233 |
$9,684,381 |
| 25 |
$17,766,372 |
$6,533,888
$1,065,982 |
$10,166,502 |
| 26 |
$18,655,020 |
$6,862,688
$1,119,301 |
$10,673,031 |
| 27 |
$19,587,588 |
$7,207,738
$1,175,255 |
$11,204,595 |
| 28 |
$20,567,004 |
$7,570,122
$1,234,020 |
$11,762,862 |
| 29 |
$21,595,464 |
$7,950,652
$1,295,728 |
$12,349,084 |
| 30 |
$22,675,164 |
$8,350,141
$1,360,510 |
$12,964,513 |
|
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