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 Georgia residents, the state will deduct 5.75% from your lottery earnings.
| Georgia 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(5.75%) | $10,016,500 | | Net Lumpsum Payment | $99,769,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,794,635 |
$2,104,345 $333,192 |
$3,357,098 |
| 2 |
$6,084,540 |
$2,211,610 $349,861 |
$3,523,069 |
| 3 |
$6,388,690 |
$2,324,146 $367,350 |
$3,697,194 |
| 4 |
$6,708,240 |
$2,442,379 $385,724 |
$3,880,137 |
| 5 |
$7,043,575 |
$2,566,453 $405,006 |
$4,072,116 |
| 6 |
$7,395,850 |
$2,696,795 $425,261 |
$4,273,794 |
| 7 |
$7,765,450 |
$2,833,547 $446,513 |
$4,485,390 |
| 8 |
$8,153,915 |
$2,977,279 $468,850 |
$4,707,786 |
| 9 |
$8,561,630 |
$3,128,133 $492,294 |
$4,941,203 |
| 10 |
$8,989,750 |
$3,286,538 $516,911 |
$5,186,301 |
| 11 |
$9,439,045 |
$3,452,777 $542,745 |
$5,443,523 |
| 12 |
$9,911,055 |
$3,627,421 $569,886 |
$5,713,748 |
| 13 |
$10,406,550 |
$3,810,754 $598,377 |
$5,997,419 |
| 14 |
$10,927,070 |
$4,003,346 $628,307 |
$6,295,417 |
| 15 |
$11,473,385 |
$4,205,483 $659,720 |
$6,608,182 |
| 16 |
$12,047,035 |
$4,417,733 $692,705 |
$6,936,597 |
| 17 |
$12,649,175 |
$4,640,525 $727,328 |
$7,281,322 |
| 18 |
$13,281,730 |
$4,874,570 $763,699 |
$7,643,461 |
| 19 |
$13,945,855 |
$5,120,297 $801,887 |
$8,023,671 |
| 20 |
$14,643,090 |
$5,378,274 $841,978 |
$8,422,838 |
| 21 |
$15,375,360 |
$5,649,214 $884,083 |
$8,842,063 |
| 22 |
$16,144,205 |
$5,933,686 $928,292 |
$9,282,227 |
| 23 |
$16,951,165 |
$6,232,261 $974,692 |
$9,744,212 |
| 24 |
$17,798,935 |
$6,545,936 $1,023,439 |
$10,229,560 |
| 25 |
$18,688,670 |
$6,875,138 $1,074,599 |
$10,738,933 |
| 26 |
$19,623,450 |
$7,221,007 $1,128,348 |
$11,274,095 |
| 27 |
$20,604,430 |
$7,583,969 $1,184,755 |
$11,835,706 |
| 28 |
$21,634,690 |
$7,965,166 $1,243,995 |
$12,425,529 |
| 29 |
$22,716,540 |
$8,365,450 $1,306,201 |
$13,044,889 |
| 30 |
$23,852,290 |
$8,785,678 $1,371,507 |
$13,695,105 |
|
|