North Carolina Lottery

NCLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Feb 10, 2026 is estimated to be $366 Million, with a cash option of 165.6 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 North Carolina, your state will take 4.75% of your lottery winnings.

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

North Carolina MEGA Millions Jackpot/Cash Option for Tue Feb 10, 2026

Draw Date	Jackpot	Cash Option
Tue Feb 10, 2026	$366,000,000	$165,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$165,600,000
Federal Tax(24%)	$39,744,000
Additional Federal Tax	$21,488,330
State Tax(4.75%)	$7,866,000
Net Lumpsum Payment	$96,501,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,508,666	-$1,998,537 -$261,662	$3,248,467
2	$5,784,264	-$2,100,508 -$274,753	$3,409,003
3	$6,073,404	-$2,207,490 -$288,487	$3,577,427
4	$6,377,184	-$2,319,888 -$302,916	$3,754,380
5	$6,695,970	-$2,437,839 -$318,059	$3,940,072
6	$7,030,860	-$2,561,749 -$333,966	$4,135,145
7	$7,382,220	-$2,691,752 -$350,655	$4,339,813
8	$7,751,514	-$2,828,391 -$368,197	$4,554,926
9	$8,139,108	-$2,971,800 -$386,608	$4,780,700
10	$8,546,100	-$3,122,387 -$405,940	$5,017,773
11	$8,973,222	-$3,280,423 -$426,228	$5,266,571
12	$9,421,938	-$3,446,447 -$447,542	$5,527,949
13	$9,892,980	-$3,620,733 -$469,917	$5,802,330
14	$10,387,812	-$3,803,821 -$493,421	$6,090,570
15	$10,907,166	-$3,995,982 -$518,090	$6,393,094
16	$11,452,506	-$4,197,758 -$543,994	$6,710,754
17	$12,024,930	-$4,409,554 -$571,184	$7,044,192
18	$12,626,268	-$4,632,050 -$599,748	$7,394,470
19	$13,257,618	-$4,865,649 -$629,737	$7,762,232
20	$13,920,444	-$5,110,895 -$661,221	$8,148,328
21	$14,616,576	-$5,368,464 -$694,287	$8,553,825
22	$15,347,478	-$5,638,897 -$729,005	$8,979,576
23	$16,114,614	-$5,922,738 -$765,444	$9,426,432
24	$16,920,546	-$6,220,932 -$803,726	$9,895,888
25	$17,766,372	-$6,533,888 -$843,903	$10,388,581
26	$18,655,020	-$6,862,688 -$886,113	$10,906,219
27	$19,587,588	-$7,207,738 -$930,410	$11,449,440
28	$20,567,004	-$7,570,122 -$976,933	$12,019,949
29	$21,595,464	-$7,950,652 -$1,025,785	$12,619,027
30	$22,675,164	-$8,350,141 -$1,077,070	$13,247,953