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 Vermont residents, the state will deduct 6% from your lottery earnings.
| Vermont 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(6%) | $10,452,000 | | Net Lumpsum Payment | $99,333,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,794,635 |
$2,104,345
$347,678 |
$3,342,612 |
| 2 |
$6,084,540 |
$2,211,610
$365,072 |
$3,507,858 |
| 3 |
$6,388,690 |
$2,324,146
$383,321 |
$3,681,223 |
| 4 |
$6,708,240 |
$2,442,379
$402,494 |
$3,863,367 |
| 5 |
$7,043,575 |
$2,566,453
$422,615 |
$4,054,507 |
| 6 |
$7,395,850 |
$2,696,795
$443,751 |
$4,255,304 |
| 7 |
$7,765,450 |
$2,833,547
$465,927 |
$4,465,976 |
| 8 |
$8,153,915 |
$2,977,279
$489,235 |
$4,687,401 |
| 9 |
$8,561,630 |
$3,128,133
$513,698 |
$4,919,799 |
| 10 |
$8,989,750 |
$3,286,538
$539,385 |
$5,163,827 |
| 11 |
$9,439,045 |
$3,452,777
$566,343 |
$5,419,925 |
| 12 |
$9,911,055 |
$3,627,421
$594,663 |
$5,688,971 |
| 13 |
$10,406,550 |
$3,810,754
$624,393 |
$5,971,403 |
| 14 |
$10,927,070 |
$4,003,346
$655,624 |
$6,268,100 |
| 15 |
$11,473,385 |
$4,205,483
$688,403 |
$6,579,499 |
| 16 |
$12,047,035 |
$4,417,733
$722,822 |
$6,906,480 |
| 17 |
$12,649,175 |
$4,640,525
$758,951 |
$7,249,699 |
| 18 |
$13,281,730 |
$4,874,570
$796,904 |
$7,610,256 |
| 19 |
$13,945,855 |
$5,120,297
$836,751 |
$7,988,807 |
| 20 |
$14,643,090 |
$5,378,274
$878,585 |
$8,386,231 |
| 21 |
$15,375,360 |
$5,649,214
$922,522 |
$8,803,624 |
| 22 |
$16,144,205 |
$5,933,686
$968,652 |
$9,241,867 |
| 23 |
$16,951,165 |
$6,232,261
$1,017,070 |
$9,701,834 |
| 24 |
$17,798,935 |
$6,545,936
$1,067,936 |
$10,185,063 |
| 25 |
$18,688,670 |
$6,875,138
$1,121,320 |
$10,692,212 |
| 26 |
$19,623,450 |
$7,221,007
$1,177,407 |
$11,225,036 |
| 27 |
$20,604,430 |
$7,583,969
$1,236,266 |
$11,784,195 |
| 28 |
$21,634,690 |
$7,965,166
$1,298,081 |
$12,371,443 |
| 29 |
$22,716,540 |
$8,365,450
$1,362,992 |
$12,988,098 |
| 30 |
$23,852,290 |
$8,785,678
$1,431,137 |
$13,635,475 |
|
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