Idaho Lottery

IDLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Feb 17, 2026 is estimated to be $395 Million, with a cash option of 183.3 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Idaho, your state will take 5.8% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Idaho MEGA Millions Jackpot/Cash Option for Tue Feb 17, 2026

Draw Date	Jackpot	Cash Option
Tue Feb 17, 2026	$395,000,000	$183,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$183,300,000
Federal Tax(24%)	$43,992,000
Additional Federal Tax	$23,789,330
State Tax(5.8%)	$10,631,400
Net Lumpsum Payment	$104,887,270

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,945,145	-$2,160,034 -$344,818	$3,440,293
2	$6,242,580	-$2,270,085 -$362,070	$3,610,425
3	$6,554,630	-$2,385,543 -$380,169	$3,788,918
4	$6,882,480	-$2,506,848 -$399,184	$3,976,448
5	$7,226,525	-$2,634,145 -$419,138	$4,173,242
6	$7,587,950	-$2,767,872 -$440,101	$4,379,977
7	$7,967,150	-$2,908,176 -$462,095	$4,596,879
8	$8,365,705	-$3,055,641 -$485,211	$4,824,853
9	$8,784,010	-$3,210,414 -$509,473	$5,064,123
10	$9,223,250	-$3,372,933 -$534,949	$5,315,368
11	$9,684,215	-$3,543,490 -$561,684	$5,579,041
12	$10,168,485	-$3,722,670 -$589,772	$5,856,043
13	$10,676,850	-$3,910,765 -$619,257	$6,146,828
14	$11,210,890	-$4,108,360 -$650,232	$6,452,298
15	$11,771,395	-$4,315,747 -$682,741	$6,772,907
16	$12,359,945	-$4,533,510 -$716,877	$7,109,558
17	$12,977,725	-$4,762,089 -$752,708	$7,462,928
18	$13,626,710	-$5,002,213 -$790,349	$7,834,148
19	$14,308,085	-$5,254,322 -$829,869	$8,223,894
20	$15,023,430	-$5,518,999 -$871,359	$8,633,072
21	$15,774,720	-$5,796,977 -$914,934	$9,062,809
22	$16,563,535	-$6,088,838 -$960,685	$9,514,012
23	$17,391,455	-$6,395,169 -$1,008,704	$9,987,582
24	$18,261,245	-$6,716,991 -$1,059,152	$10,485,102
25	$19,174,090	-$7,054,744 -$1,112,097	$11,007,249
26	$20,133,150	-$7,409,596 -$1,167,723	$11,555,831
27	$21,139,610	-$7,781,986 -$1,226,097	$12,131,527
28	$22,196,630	-$8,173,083 -$1,287,405	$12,736,142
29	$23,306,580	-$8,583,765 -$1,351,782	$13,371,033
30	$24,471,830	-$9,014,907 -$1,419,366	$14,037,557