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Early summer snowmelt from mountains in northern Colorado and southeastern Wyoming supplies the North Platte River, supporting nationally important agriculture, energy production, and urban development. Repeated decisions from the U.S. Supreme Court have fully apportioned Platte River waters among Colorado, Wyoming, and Nebraska, underscoring societal strains on this system. Now, climate change threatens the regional allocation of water. Tree-ring records indicate that past centuries contained multidecadal “megadroughts” far more severe than those of the historic period. However, the potential for even more persistent droughts, as the result of climate change, is poorly known. We document and evaluate the severity of recent and prehistoric droughts via a combination of data sources: modern temperature, precipitation, and stream gauge data; evidence of low lake-level stands; and related estimates …