The jackpot for the MEGA Millions draw on Fri Apr 24, 2026, is projected to be $150 Million, with an option for a cash payout of $67.3 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 Fri Apr 24, 2026 |
|---|
| Draw Date | Fri Apr 24, 2026 | | Projected Jackpot | $150,000,000 | | Cash Value | $67,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $67,300,000 | | Federal Tax(24%) | $16,152,000 | | Additional Federal Tax | $8,709,330 | | State Tax(3.15%) | $2,119,950 | | Net Lumpsum Payment | $40,318,720 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,257,650 |
$795,661
$71,116 |
$1,390,873 |
| 2 |
$2,370,600 |
$837,452
$74,674 |
$1,458,474 |
| 3 |
$2,489,100 |
$881,297
$78,407 |
$1,529,396 |
| 4 |
$2,613,600 |
$927,362
$82,328 |
$1,603,910 |
| 5 |
$2,744,250 |
$975,703
$86,444 |
$1,682,103 |
| 6 |
$2,881,500 |
$1,026,485
$90,767 |
$1,764,248 |
| 7 |
$3,025,500 |
$1,079,765
$95,303 |
$1,850,432 |
| 8 |
$3,176,850 |
$1,135,765
$100,071 |
$1,941,014 |
| 9 |
$3,335,700 |
$1,194,539
$105,075 |
$2,036,086 |
| 10 |
$3,502,500 |
$1,256,255
$110,329 |
$2,135,916 |
| 11 |
$3,677,550 |
$1,321,024
$115,843 |
$2,240,683 |
| 12 |
$3,861,450 |
$1,389,067
$121,636 |
$2,350,747 |
| 13 |
$4,054,500 |
$1,460,495
$127,717 |
$2,466,288 |
| 14 |
$4,257,300 |
$1,535,531
$134,105 |
$2,587,664 |
| 15 |
$4,470,150 |
$1,614,286
$140,810 |
$2,715,054 |
| 16 |
$4,693,650 |
$1,696,981
$147,850 |
$2,848,819 |
| 17 |
$4,928,250 |
$1,783,783
$155,240 |
$2,989,227 |
| 18 |
$5,174,700 |
$1,874,969
$163,003 |
$3,136,728 |
| 19 |
$5,433,450 |
$1,970,707
$171,154 |
$3,291,589 |
| 20 |
$5,705,100 |
$2,071,217
$179,711 |
$3,454,172 |
| 21 |
$5,990,400 |
$2,176,778
$188,698 |
$3,624,924 |
| 22 |
$6,289,950 |
$2,287,612
$198,133 |
$3,804,205 |
| 23 |
$6,604,350 |
$2,403,940
$208,037 |
$3,992,373 |
| 24 |
$6,934,650 |
$2,526,151
$218,441 |
$4,190,058 |
| 25 |
$7,281,300 |
$2,654,411
$229,361 |
$4,397,528 |
| 26 |
$7,645,500 |
$2,789,165
$240,833 |
$4,615,502 |
| 27 |
$8,027,700 |
$2,930,579
$252,873 |
$4,844,248 |
| 28 |
$8,429,100 |
$3,079,097
$265,517 |
$5,084,486 |
| 29 |
$8,850,600 |
$3,235,052
$278,794 |
$5,336,754 |
| 30 |
$9,293,100 |
$3,398,777
$292,733 |
$5,601,590 |
|
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