megabyte is 1,048,576 bytes. Exactly.

megabyte (Wikipedia)
Multiple-byte units
Value Metric
1000 kB kilobyte
10002 MB megabyte
10003 GB gigabyte
10004 TB terabyte
10005 PB petabyte
10006 EB exabyte
10007 ZB zettabyte
10008 YB yottabyte
Value IEC Memory
1024 KiB kibibyte KB kilobyte
10242 MiB mebibyte MB megabyte
10243 GiB gibibyte GB gigabyte
10244 TiB tebibyte TB terabyte
10245 PiB pebibyte
10246 EiB exbibyte
10247 ZiB zebibyte
10248 YiB yobibyte

The megabyte is a multiple of the unit byte for digital information. Its recommended unit symbol is MB. The unit prefix mega is a multiplier of 1000000 (106) in the International System of Units (SI). Therefore, one megabyte is one million bytes of information. This definition has been incorporated into the International System of Quantities.

However, in the computer and information technology fields, two other definitions are used that arose for historical reasons of convenience. A common usage has been to designate one megabyte as 1048576bytes (220 B), a measurement that conveniently expresses the binary multiples inherent in digital computer memory architectures. However, most standards bodies have deprecated this usage in favor of a set of binary prefixes, in which this quantity is designated by the unit mebibyte (MiB). In one context, the megabyte has been used to mean 1000×1024 (1024000) bytes.

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