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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky 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(4.5%) | $7,452,000 | | Net Lumpsum Payment | $96,915,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,508,666 |
$1,998,537
$247,890 |
$3,262,239 |
| 2 |
$5,784,264 |
$2,100,508
$260,292 |
$3,423,464 |
| 3 |
$6,073,404 |
$2,207,490
$273,303 |
$3,592,611 |
| 4 |
$6,377,184 |
$2,319,888
$286,973 |
$3,770,323 |
| 5 |
$6,695,970 |
$2,437,839
$301,319 |
$3,956,812 |
| 6 |
$7,030,860 |
$2,561,749
$316,389 |
$4,152,722 |
| 7 |
$7,382,220 |
$2,691,752
$332,200 |
$4,358,268 |
| 8 |
$7,751,514 |
$2,828,391
$348,818 |
$4,574,305 |
| 9 |
$8,139,108 |
$2,971,800
$366,260 |
$4,801,048 |
| 10 |
$8,546,100 |
$3,122,387
$384,575 |
$5,039,138 |
| 11 |
$8,973,222 |
$3,280,423
$403,795 |
$5,289,004 |
| 12 |
$9,421,938 |
$3,446,447
$423,987 |
$5,551,504 |
| 13 |
$9,892,980 |
$3,620,733
$445,184 |
$5,827,063 |
| 14 |
$10,387,812 |
$3,803,821
$467,452 |
$6,116,539 |
| 15 |
$10,907,166 |
$3,995,982
$490,822 |
$6,420,362 |
| 16 |
$11,452,506 |
$4,197,758
$515,363 |
$6,739,385 |
| 17 |
$12,024,930 |
$4,409,554
$541,122 |
$7,074,254 |
| 18 |
$12,626,268 |
$4,632,050
$568,182 |
$7,426,036 |
| 19 |
$13,257,618 |
$4,865,649
$596,593 |
$7,795,376 |
| 20 |
$13,920,444 |
$5,110,895
$626,420 |
$8,183,129 |
| 21 |
$14,616,576 |
$5,368,464
$657,746 |
$8,590,366 |
| 22 |
$15,347,478 |
$5,638,897
$690,637 |
$9,017,944 |
| 23 |
$16,114,614 |
$5,922,738
$725,158 |
$9,466,718 |
| 24 |
$16,920,546 |
$6,220,932
$761,425 |
$9,938,189 |
| 25 |
$17,766,372 |
$6,533,888
$799,487 |
$10,432,997 |
| 26 |
$18,655,020 |
$6,862,688
$839,476 |
$10,952,856 |
| 27 |
$19,587,588 |
$7,207,738
$881,441 |
$11,498,409 |
| 28 |
$20,567,004 |
$7,570,122
$925,515 |
$12,071,367 |
| 29 |
$21,595,464 |
$7,950,652
$971,796 |
$12,673,016 |
| 30 |
$22,675,164 |
$8,350,141
$1,020,382 |
$13,304,641 |
|
|
