The jackpot for the MEGA Millions draw on Tue Feb 17, 2026, is projected to be $395 Million, with an option for a cash payout of $183.3 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 Arizona residents, the state will deduct 2.5% from your lottery earnings.
| Arizona MEGA Millions Jackpot/Cash Option for Tue Feb 17, 2026 |
|---|
| Draw Date | Tue Feb 17, 2026 | | Projected Jackpot | $395,000,000 | | Cash Value | $183,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $183,300,000 | | Federal Tax(24%) | $43,992,000 | | Additional Federal Tax | $23,789,330 | | State Tax(2.5%) | $4,582,500 | | Net Lumpsum Payment | $110,936,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,945,145 |
$2,160,034
$148,629 |
$3,636,482 |
| 2 |
$6,242,580 |
$2,270,085
$156,065 |
$3,816,430 |
| 3 |
$6,554,630 |
$2,385,543
$163,866 |
$4,005,221 |
| 4 |
$6,882,480 |
$2,506,848
$172,062 |
$4,203,570 |
| 5 |
$7,226,525 |
$2,634,145
$180,663 |
$4,411,717 |
| 6 |
$7,587,950 |
$2,767,872
$189,699 |
$4,630,379 |
| 7 |
$7,967,150 |
$2,908,176
$199,179 |
$4,859,795 |
| 8 |
$8,365,705 |
$3,055,641
$209,143 |
$5,100,921 |
| 9 |
$8,784,010 |
$3,210,414
$219,600 |
$5,353,996 |
| 10 |
$9,223,250 |
$3,372,933
$230,581 |
$5,619,736 |
| 11 |
$9,684,215 |
$3,543,490
$242,105 |
$5,898,620 |
| 12 |
$10,168,485 |
$3,722,670
$254,212 |
$6,191,603 |
| 13 |
$10,676,850 |
$3,910,765
$266,921 |
$6,499,164 |
| 14 |
$11,210,890 |
$4,108,360
$280,272 |
$6,822,258 |
| 15 |
$11,771,395 |
$4,315,747
$294,285 |
$7,161,363 |
| 16 |
$12,359,945 |
$4,533,510
$308,999 |
$7,517,436 |
| 17 |
$12,977,725 |
$4,762,089
$324,443 |
$7,891,193 |
| 18 |
$13,626,710 |
$5,002,213
$340,668 |
$8,283,829 |
| 19 |
$14,308,085 |
$5,254,322
$357,702 |
$8,696,061 |
| 20 |
$15,023,430 |
$5,518,999
$375,586 |
$9,128,845 |
| 21 |
$15,774,720 |
$5,796,977
$394,368 |
$9,583,375 |
| 22 |
$16,563,535 |
$6,088,838
$414,088 |
$10,060,609 |
| 23 |
$17,391,455 |
$6,395,169
$434,786 |
$10,561,500 |
| 24 |
$18,261,245 |
$6,716,991
$456,531 |
$11,087,723 |
| 25 |
$19,174,090 |
$7,054,744
$479,352 |
$11,639,994 |
| 26 |
$20,133,150 |
$7,409,596
$503,329 |
$12,220,225 |
| 27 |
$21,139,610 |
$7,781,986
$528,490 |
$12,829,134 |
| 28 |
$22,196,630 |
$8,173,083
$554,916 |
$13,468,631 |
| 29 |
$23,306,580 |
$8,583,765
$582,665 |
$14,140,150 |
| 30 |
$24,471,830 |
$9,014,907
$611,796 |
$14,845,127 |
|
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