USA Mega

New York Mega Millions Jackpot Annuity Payout Schedule for Mar 10, 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 $536,000,000 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:Tue, Mar 10, 2026
Jackpot:$536,000,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,067,569$2,940,958$879,365$4,247,246
2$8,470,948$3,090,208$923,333$4,457,407
3$8,894,495$3,246,920$969,500$4,678,075
4$9,339,220$3,411,469$1,017,975$4,909,776
5$9,806,181$3,584,244$1,068,874$5,153,063
6$10,296,490$3,765,658$1,122,317$5,408,514
7$10,811,315$3,956,144$1,178,433$5,676,738
8$11,351,880$4,156,153$1,237,355$5,958,372
9$11,919,474$4,366,163$1,299,223$6,254,089
10$12,515,448$4,586,673$1,364,184$6,564,591
11$13,141,220$4,818,209$1,432,393$6,890,619
12$13,798,281$5,061,321$1,504,013$7,232,947
13$14,488,195$5,316,589$1,579,213$7,592,392
14$15,212,605$5,584,621$1,658,174$7,969,810
15$15,973,235$5,866,054$1,741,083$8,366,098
16$16,771,897$6,161,559$1,828,137$8,782,201
17$17,610,492$6,471,839$1,919,544$9,219,109
18$18,491,016$6,797,633$2,015,521$9,677,862
19$19,415,567$7,139,717$2,116,297$10,159,553
20$20,386,346$7,498,905$2,222,112$10,665,329
21$21,405,663$7,876,052$2,333,217$11,196,393
22$22,475,946$8,272,057$2,449,878$11,754,011
23$23,599,743$8,687,862$2,572,372$12,339,509
24$24,779,730$9,124,457$2,700,991$12,954,282
25$26,018,717$9,582,882$2,836,040$13,599,794
26$27,319,653$10,064,229$2,977,842$14,277,582
27$28,685,636$10,569,642$3,126,734$14,989,259
28$30,119,917$11,100,327$3,283,071$15,736,520
29$31,625,913$11,657,545$3,447,225$16,521,143
30$33,207,209$12,242,625$3,619,586$17,344,999
Total$536,000,001$196,998,715$58,424,002$280,577,283

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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.