Indiana Lottery

INLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Apr 7, 2026 is estimated to be $100 Million, with a cash option of 45.3 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Indiana, your state will take 3.15% of your lottery winnings.

Please note that the calculation of the MEGA Millions jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Indiana MEGA Millions Jackpot/Cash Option for Tue Apr 7, 2026

Draw Date	Jackpot	Cash Option
Tue Apr 7, 2026	$100,000,000	$45,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$45,300,000
Federal Tax(24%)	$10,872,000
Additional Federal Tax	$5,849,330
State Tax(3.15%)	$1,426,950
Net Lumpsum Payment	$27,151,720

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,505,100	-$517,217 -$47,411	$940,472
2	$1,580,400	-$545,078 -$49,783	$985,539
3	$1,659,400	-$574,308 -$52,271	$1,032,821
4	$1,742,400	-$605,018 -$54,886	$1,082,496
5	$1,829,500	-$637,245 -$57,629	$1,134,626
6	$1,921,000	-$671,100 -$60,512	$1,189,388
7	$2,017,000	-$706,620 -$63,536	$1,246,844
8	$2,117,900	-$743,953 -$66,714	$1,307,233
9	$2,223,800	-$783,136 -$70,050	$1,370,614
10	$2,335,000	-$824,280 -$73,553	$1,437,167
11	$2,451,700	-$867,459 -$77,229	$1,507,012
12	$2,574,300	-$912,821 -$81,090	$1,580,389
13	$2,703,000	-$960,440 -$85,145	$1,657,415
14	$2,838,200	-$1,010,464 -$89,403	$1,738,333
15	$2,980,100	-$1,062,967 -$93,873	$1,823,260
16	$3,129,100	-$1,118,097 -$98,567	$1,912,436
17	$3,285,500	-$1,175,965 -$103,493	$2,006,042
18	$3,449,800	-$1,236,756 -$108,669	$2,104,375
19	$3,622,300	-$1,300,581 -$114,102	$2,207,617
20	$3,803,400	-$1,367,588 -$119,807	$2,316,005
21	$3,993,600	-$1,437,962 -$125,798	$2,429,840
22	$4,193,300	-$1,511,851 -$132,089	$2,549,360
23	$4,402,900	-$1,589,403 -$138,691	$2,674,806
24	$4,623,100	-$1,670,877 -$145,628	$2,806,595
25	$4,854,200	-$1,756,384 -$152,907	$2,944,909
26	$5,097,000	-$1,846,220 -$160,556	$3,090,224
27	$5,351,800	-$1,940,496 -$168,582	$3,242,722
28	$5,619,400	-$2,039,508 -$177,011	$3,402,881
29	$5,900,400	-$2,143,478 -$185,863	$3,571,059
30	$6,195,400	-$2,252,628 -$195,155	$3,747,617