Fibonacci multiples

The Fibonacci sequence goes as follows

1 1 2 3 5 8 13 $21$ 34 55 89 144 233 377 610 $987$ 1597...........

We observe that every $8th$ term in the series is divisible by 7.

Thus $\frac { 999992 }{ 8 }$ gives us $124999$

Observe that every $8th$ term in the Fibonacci Sequence is a multiple of $7$ .Hence $999992$ terms will have $999992/8$ multiples i.e. $124999$ multiples of $7$ .