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Indiana Mega Millions Jackpot Annuity Payout Schedule for Feb 10, 2026

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The tax information provided here is based on 2026 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Mega Millions annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $366,000,000 for a ticket purchased in Indiana, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Indiana

Drawing Date:Tue, Feb 10, 2026
Jackpot:$366,000,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,508,825$1,994,223$162,510$3,352,092
2$5,784,267$2,096,136$170,636$3,517,495
3$6,073,480$2,203,145$179,168$3,691,167
4$6,377,154$2,315,504$188,126$3,873,524
5$6,696,011$2,433,481$197,532$4,064,998
6$7,030,812$2,557,358$207,409$4,266,045
7$7,382,353$2,687,428$217,779$4,477,146
8$7,751,470$2,824,001$228,668$4,698,801
9$8,139,044$2,967,404$240,102$4,931,539
10$8,545,996$3,117,976$252,107$5,175,913
11$8,973,296$3,276,077$264,712$5,432,507
12$9,421,961$3,442,083$277,948$5,701,930
13$9,893,059$3,616,389$291,845$5,984,824
14$10,387,712$3,799,411$306,437$6,281,864
15$10,907,097$3,991,583$321,759$6,593,755
16$11,452,452$4,193,365$337,847$6,921,240
17$12,025,075$4,405,235$354,740$7,265,100
18$12,626,328$4,627,699$372,477$7,626,153
19$13,257,645$4,861,286$391,101$8,005,258
20$13,920,527$5,106,552$410,656$8,403,319
21$14,616,553$5,364,082$431,188$8,821,283
22$15,347,381$5,634,488$452,748$9,260,145
23$16,114,750$5,918,415$475,385$9,720,950
24$16,920,487$6,216,538$499,154$10,204,795
25$17,766,512$6,529,567$524,112$10,712,833
26$18,654,838$6,858,247$550,318$11,246,273
27$19,587,580$7,203,362$577,834$11,806,384
28$20,566,958$7,565,732$606,725$12,394,501
29$21,595,306$7,946,221$637,062$13,012,024
30$22,675,072$8,345,734$668,915$13,660,423
Total$366,000,001$134,098,722$10,797,000$221,104,281

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.