USA Mega

New Mexico Mega Millions Jackpot Annuity Payout Schedule for Apr 10, 2026

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $110,000,000 for a ticket purchased in New Mexico, 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:

New Mexico

Drawing Date:Fri, Apr 10, 2026
Jackpot:$110,000,000
Federal Tax:37% marginal rate
State Tax: 5.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,655,658$568,551$97,684$989,423
2$1,738,441$599,180$102,568$1,036,692
3$1,825,363$631,341$107,696$1,086,325
4$1,916,631$665,111$113,081$1,138,439
5$2,012,462$700,568$118,735$1,193,159
6$2,113,086$737,799$124,672$1,250,615
7$2,218,740$776,891$130,906$1,310,943
8$2,329,677$817,938$137,451$1,374,288
9$2,446,161$861,037$144,323$1,440,801
10$2,568,469$906,291$151,540$1,510,638
11$2,696,892$953,807$159,117$1,583,968
12$2,831,737$1,003,700$167,072$1,660,964
13$2,973,324$1,056,087$175,426$1,741,811
14$3,121,990$1,111,093$184,197$1,826,699
15$3,278,089$1,168,850$193,407$1,915,832
16$3,441,994$1,229,495$203,078$2,009,421
17$3,614,093$1,293,172$213,232$2,107,690
18$3,794,798$1,360,033$223,893$2,210,872
19$3,984,538$1,430,236$235,088$2,319,214
20$4,183,765$1,503,950$246,842$2,432,973
21$4,392,953$1,581,350$259,184$2,552,419
22$4,612,601$1,662,620$272,143$2,677,838
23$4,843,231$1,747,953$285,751$2,809,528
24$5,085,392$1,837,552$300,038$2,947,802
25$5,339,662$1,931,632$315,040$3,092,990
26$5,606,645$2,030,416$330,792$3,245,437
27$5,886,977$2,134,139$347,332$3,405,507
28$6,181,326$2,243,048$364,698$3,573,580
29$6,490,393$2,357,403$382,933$3,750,057
30$6,814,912$2,477,475$402,080$3,935,358
Total$110,000,000$39,378,718$6,489,999$64,131,283

◄ Back to Jackpot Analysis

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.