The jackpot for the MEGA Millions draw on Tue Apr 7, 2026, is projected to be $100 Million, with an option for a cash payout of $45.3 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Indiana residents, the state will deduct 3.15% from your lottery earnings.
| Indiana MEGA Millions Jackpot/Cash Option for Tue Apr 7, 2026 |
|---|
| Draw Date | Tue Apr 7, 2026 | | Projected Jackpot | $100,000,000 | | Cash Value | $45,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| 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 |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
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 |
|
|
