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Lake McConaughy is a reservoir on the North Platte River. It is located 9 miles (14 km) north of Ogallala, Nebraska, United States, near U.S. Highway 26 and Nebraska Highway 61.
The source of water for Lake McConaughy is primarily the North Platte River. Water flows into the lake from a 32,500-square-mile (84,000 km2) drainage area west of the dam. U.S. Bureau of Reclamation reservoirs on the North Platte River in Wyoming capture precipitation and snowmelt from the mountains and utilize the water for irrigation and hydroelectric production within the North Platte Projects. Return flows from these projects to the North Platte River make up a significant portion of the inflows to Lake McConaughy.
Lake McConaughy is a popular location for fishing, boating, water sports, camping and hunting.