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Kentucky Mega Millions Jackpot Annuity Payout Schedule for Feb 17, 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 $395,000,000 for a ticket purchased in Kentucky, 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:

Kentucky

Drawing Date:Tue, Feb 17, 2026
Jackpot:$395,000,000
Federal Tax:37% marginal rate
State Tax: 3.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,945,317$2,155,724$208,086$3,581,506
2$6,242,583$2,265,713$218,490$3,758,379
3$6,554,712$2,381,201$229,415$3,944,096
4$6,882,448$2,502,463$240,886$4,139,099
5$7,226,570$2,629,788$252,930$4,343,852
6$7,587,898$2,763,480$265,576$4,558,842
7$7,967,293$2,903,856$278,855$4,784,582
8$8,365,658$3,051,251$292,798$5,021,609
9$8,783,941$3,206,015$307,438$5,270,488
10$9,223,138$3,368,518$322,810$5,531,810
11$9,684,295$3,539,146$338,950$5,806,198
12$10,168,509$3,718,306$355,898$6,094,306
13$10,676,935$3,906,423$373,693$6,396,819
14$11,210,782$4,103,947$392,377$6,714,458
15$11,771,321$4,311,346$411,996$7,047,979
16$12,359,887$4,529,115$432,596$7,398,175
17$12,977,881$4,757,773$454,226$7,765,882
18$13,626,775$4,997,864$476,937$8,151,974
19$14,308,114$5,249,959$500,784$8,557,370
20$15,023,520$5,514,660$525,823$8,983,037
21$15,774,696$5,792,595$552,114$9,429,987
22$16,563,430$6,084,426$579,720$9,899,284
23$17,391,602$6,390,850$608,706$10,392,046
24$18,261,182$6,712,595$639,141$10,909,446
25$19,174,241$7,050,426$671,098$11,452,716
26$20,132,953$7,405,150$704,653$12,023,150
27$21,139,601$7,777,610$739,886$12,622,105
28$22,196,581$8,168,692$776,880$13,251,008
29$23,306,410$8,579,329$815,724$13,911,357
30$24,471,730$9,010,498$856,511$14,604,722
Total$395,000,001$144,828,719$13,824,997$236,346,282

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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.