The jackpot for the MEGA Millions draw on Fri Nov 13, 2026, is projected to be $555 Million, with an option for a cash payout of $235.2 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 Nov 13, 2026 |
|---|
| Draw Date | Fri Nov 13, 2026 | | Projected Jackpot | $555,000,000 | | Cash Value | $235,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $235,200,000 | | Federal Tax(24%) | $56,448,000 | | Additional Federal Tax | $30,536,330 | | State Tax(3.15%) | $7,408,800 | | Net Lumpsum Payment | $140,806,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,353,305 |
$3,051,053
$263,129 |
$5,039,123 |
| 2 |
$8,771,220 |
$3,205,682
$276,293 |
$5,289,245 |
| 3 |
$9,209,670 |
$3,367,908
$290,105 |
$5,551,657 |
| 4 |
$9,670,320 |
$3,538,349
$304,615 |
$5,827,356 |
| 5 |
$10,153,725 |
$3,717,209
$319,842 |
$6,116,674 |
| 6 |
$10,661,550 |
$3,905,104
$335,839 |
$6,420,607 |
| 7 |
$11,194,350 |
$4,102,240
$352,622 |
$6,739,488 |
| 8 |
$11,754,345 |
$4,309,438
$370,262 |
$7,074,645 |
| 9 |
$12,342,090 |
$4,526,904
$388,776 |
$7,426,410 |
| 10 |
$12,959,250 |
$4,755,253
$408,216 |
$7,795,781 |
| 11 |
$13,606,935 |
$4,994,896
$428,618 |
$8,183,421 |
| 12 |
$14,287,365 |
$5,246,655
$450,052 |
$8,590,658 |
| 13 |
$15,001,650 |
$5,510,941
$472,552 |
$9,018,157 |
| 14 |
$15,752,010 |
$5,788,574
$496,188 |
$9,467,248 |
| 15 |
$16,539,555 |
$6,079,966
$520,996 |
$9,938,593 |
| 16 |
$17,366,505 |
$6,385,937
$547,045 |
$10,433,523 |
| 17 |
$18,234,525 |
$6,707,105
$574,388 |
$10,953,032 |
| 18 |
$19,146,390 |
$7,044,495
$603,111 |
$11,498,784 |
| 19 |
$20,103,765 |
$7,398,723
$633,269 |
$12,071,773 |
| 20 |
$21,108,870 |
$7,770,612
$664,929 |
$12,673,329 |
| 21 |
$22,164,480 |
$8,161,188
$698,181 |
$13,305,111 |
| 22 |
$23,272,815 |
$8,571,272
$733,094 |
$13,968,449 |
| 23 |
$24,436,095 |
$9,001,686
$769,737 |
$14,664,672 |
| 24 |
$25,658,205 |
$9,453,866
$808,233 |
$15,396,106 |
| 25 |
$26,940,810 |
$9,928,430
$848,636 |
$16,163,744 |
| 26 |
$28,288,350 |
$10,427,020
$891,083 |
$16,970,247 |
| 27 |
$29,702,490 |
$10,950,252
$935,628 |
$17,816,610 |
| 28 |
$31,187,670 |
$11,499,768
$982,412 |
$18,705,490 |
| 29 |
$32,747,220 |
$12,076,802
$1,031,537 |
$19,638,881 |
| 30 |
$34,384,470 |
$12,682,584
$1,083,111 |
$20,618,775 |
|
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