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New Mexico Mega Millions Jackpot Annuity Payout Schedule for Apr 3, 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 $90,000,000 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 3, 2026
Jackpot:$90,000,000
Federal Tax:37% marginal rate
State Tax: 5.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,354,629$457,170$79,923$817,536
2$1,422,361$482,231$83,919$856,211
3$1,493,479$508,544$88,115$896,819
4$1,568,153$536,174$92,521$939,458
5$1,646,560$565,185$97,147$984,229
6$1,728,888$595,646$102,004$1,031,238
7$1,815,333$627,630$107,105$1,080,598
8$1,906,099$661,214$112,460$1,132,425
9$2,001,404$696,477$118,083$1,186,845
10$2,101,474$733,503$123,987$1,243,985
11$2,206,548$772,380$130,186$1,303,982
12$2,316,876$813,201$136,696$1,366,979
13$2,432,719$856,063$143,530$1,433,125
14$2,554,355$901,069$150,707$1,502,580
15$2,682,073$948,324$158,242$1,575,506
16$2,816,177$997,943$166,154$1,652,080
17$2,956,986$1,050,042$174,462$1,732,481
18$3,104,835$1,104,746$183,185$1,816,903
19$3,260,077$1,162,186$192,345$1,905,546
20$3,423,080$1,222,497$201,962$1,998,622
21$3,594,234$1,285,824$212,060$2,096,351
22$3,773,946$1,352,317$222,663$2,198,966
23$3,962,643$1,422,135$233,796$2,306,712
24$4,160,776$1,495,444$245,486$2,419,846
25$4,368,814$1,572,419$257,760$2,538,636
26$4,587,255$1,653,242$270,648$2,663,365
27$4,816,618$1,738,106$284,180$2,794,332
28$5,057,449$1,827,213$298,389$2,931,846
29$5,310,321$1,920,776$313,309$3,076,236
30$5,575,837$2,019,017$328,974$3,227,846
Total$90,000,000$31,978,718$5,309,998$52,711,284

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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.