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Indiana Mega Millions Jackpot Annuity Payout Schedule for Sep 11, 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 $209,000,000 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:Fri, Sep 11, 2026
Jackpot:$209,000,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,145,750$1,119,885$92,800$1,933,066
2$3,303,037$1,178,081$97,440$2,027,517
3$3,468,189$1,239,187$102,312$2,126,690
4$3,641,599$1,303,349$107,427$2,230,823
5$3,823,679$1,370,718$112,799$2,340,162
6$4,014,863$1,441,456$118,438$2,454,968
7$4,215,606$1,515,731$124,360$2,575,514
8$4,426,386$1,593,720$130,578$2,702,088
9$4,647,705$1,675,608$137,107$2,834,990
10$4,880,091$1,761,591$143,963$2,974,537
11$5,124,095$1,851,872$151,161$3,121,062
12$5,380,300$1,946,668$158,719$3,274,913
13$5,649,315$2,046,204$166,655$3,436,456
14$5,931,781$2,150,716$174,988$3,606,077
15$6,228,370$2,260,454$183,737$3,784,179
16$6,539,788$2,375,679$192,924$3,971,186
17$6,866,778$2,496,665$202,570$4,167,543
18$7,210,116$2,623,700$212,698$4,373,718
19$7,570,622$2,757,087$223,333$4,590,201
20$7,949,153$2,897,144$234,500$4,817,509
21$8,346,611$3,044,203$246,225$5,056,183
22$8,763,942$3,198,616$258,536$5,306,790
23$9,202,139$3,360,749$271,463$5,569,927
24$9,662,246$3,530,988$285,036$5,846,221
25$10,145,358$3,709,740$299,288$6,136,330
26$10,652,626$3,897,429$314,252$6,440,945
27$11,185,257$4,094,502$329,965$6,760,790
28$11,744,520$4,301,430$346,463$7,096,627
29$12,331,746$4,518,703$363,787$7,449,256
30$12,948,333$4,746,841$381,976$7,819,517
Total$209,000,000$76,008,716$6,165,500$126,825,785

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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.