Wyoming Lottery

WYLottery 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. The good news is that if you're a resident of Wyoming, you won't owe any state tax on 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.

Wyoming 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(0%)	$0
Net Lumpsum Payment	$104,367,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,508,666	-$1,998,537 -$0	$3,510,129
2	$5,784,264	-$2,100,508 -$0	$3,683,756
3	$6,073,404	-$2,207,490 -$0	$3,865,914
4	$6,377,184	-$2,319,888 -$0	$4,057,296
5	$6,695,970	-$2,437,839 -$0	$4,258,131
6	$7,030,860	-$2,561,749 -$0	$4,469,111
7	$7,382,220	-$2,691,752 -$0	$4,690,468
8	$7,751,514	-$2,828,391 -$0	$4,923,123
9	$8,139,108	-$2,971,800 -$0	$5,167,308
10	$8,546,100	-$3,122,387 -$0	$5,423,713
11	$8,973,222	-$3,280,423 -$0	$5,692,799
12	$9,421,938	-$3,446,447 -$0	$5,975,491
13	$9,892,980	-$3,620,733 -$0	$6,272,247
14	$10,387,812	-$3,803,821 -$0	$6,583,991
15	$10,907,166	-$3,995,982 -$0	$6,911,184
16	$11,452,506	-$4,197,758 -$0	$7,254,748
17	$12,024,930	-$4,409,554 -$0	$7,615,376
18	$12,626,268	-$4,632,050 -$0	$7,994,218
19	$13,257,618	-$4,865,649 -$0	$8,391,969
20	$13,920,444	-$5,110,895 -$0	$8,809,549
21	$14,616,576	-$5,368,464 -$0	$9,248,112
22	$15,347,478	-$5,638,897 -$0	$9,708,581
23	$16,114,614	-$5,922,738 -$0	$10,191,876
24	$16,920,546	-$6,220,932 -$0	$10,699,614
25	$17,766,372	-$6,533,888 -$0	$11,232,484
26	$18,655,020	-$6,862,688 -$0	$11,792,332
27	$19,587,588	-$7,207,738 -$0	$12,379,850
28	$20,567,004	-$7,570,122 -$0	$12,996,882
29	$21,595,464	-$7,950,652 -$0	$13,644,812
30	$22,675,164	-$8,350,141 -$0	$14,325,023