USA Mega

New York Mega Millions Jackpot Annuity Payout Schedule for Jan 30, 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 $303,000,000 for a ticket purchased in New York, 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 York

Drawing Date:Fri, Jan 30, 2026
Jackpot:$303,000,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,560,585$1,643,374$497,104$2,420,107
2$4,788,614$1,727,744$521,959$2,538,911
3$5,028,045$1,816,334$548,057$2,663,654
4$5,279,447$1,909,353$575,460$2,794,635
5$5,543,419$2,007,022$604,233$2,932,164
6$5,820,590$2,109,576$634,444$3,076,570
7$6,111,620$2,217,257$666,167$3,228,197
8$6,417,201$2,330,322$699,475$3,387,404
9$6,738,061$2,449,040$734,449$3,554,573
10$7,074,964$2,573,694$771,171$3,730,099
11$7,428,712$2,704,581$809,730$3,914,402
12$7,800,148$2,842,012$850,216$4,107,920
13$8,190,155$2,986,315$892,727$4,311,114
14$8,599,663$3,137,833$937,363$4,524,467
15$9,029,646$3,296,926$984,231$4,748,488
16$9,481,128$3,463,975$1,033,443$4,983,711
17$9,955,185$3,639,376$1,085,115$5,230,694
18$10,452,944$3,823,547$1,139,371$5,490,027
19$10,975,591$4,016,926$1,196,339$5,762,326
20$11,524,371$4,219,974$1,256,156$6,048,240
21$12,100,589$4,433,175$1,318,964$6,348,450
22$12,705,619$4,657,036$1,384,912$6,663,670
23$13,340,900$4,892,090$1,454,158$6,994,652
24$14,007,945$5,138,897$1,526,866$7,342,182
25$14,708,342$5,398,044$1,603,209$7,707,089
26$15,443,759$5,670,148$1,683,370$8,090,241
27$16,215,947$5,955,858$1,767,538$8,492,551
28$17,026,744$6,255,853$1,855,915$8,914,976
29$17,878,081$6,570,847$1,948,711$9,358,523
30$18,771,986$6,901,592$2,046,146$9,824,247
Total$303,000,001$110,788,721$33,026,999$159,184,284

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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.