New Mexico Mega Millions

Latest Mega Millions results and how much you keep after New Mexico taxes.

Latest Mega Millions Drawing

Friday, August 21
12534485724

Jackpot: $113M

Drawings every Tue & Fri at 11:00 PM ET · Megaplier optional +$1

New Mexico Mega Millions — Take-Home After Taxes

Based on $113M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$113M
Cash value (~55%)$62M
Federal tax (37%)$23M
New Mexico tax (5.90%)$4M
You keep$35M

Annuity (30 Payments)

Full jackpot$113M
Annual payment$4M
Federal withholding (24%)$904K
New Mexico tax$222K
Annual net$3M
30-year total$79M

New Mexico Lottery Information

State tax on winnings

5.90%

Draw days

Tue, Fri at 11:00 PM ET

Ticket price

$2 per play (+$1 Megaplier)

Jackpot odds

1 in 302,575,350

Official New Mexico Lottery Website

Frequently Asked Questions

How much is the Mega Millions jackpot in New Mexico?

The current Mega Millions jackpot is $113M. Mega Millions is available in New Mexico along with 44 other states. Drawings are held Tuesday and Friday at 11:00 PM ET.

How much do you keep from Mega Millions in New Mexico?

In New Mexico, you'd keep approximately $35M from the $113M jackpot lump sum after 5.90% New Mexico state tax and 37% federal tax. Use our calculator for a precise breakdown.

Where can I buy Mega Millions tickets in New Mexico?

Mega Millions tickets are available at licensed lottery retailers throughout New Mexico, including convenience stores, gas stations, and grocery stores. Each play costs $2, with an optional $1 Megaplier add-on that multiplies non-jackpot prizes by 2x–5x.

How do I claim a Mega Millions prize in New Mexico?

Prizes up to $600 can be claimed at any authorized New Mexico lottery retailer. Prizes over $600 must be claimed at the New Mexico Lottery offices. Jackpot winners should contact the New Mexico Lottery directly and are strongly advised to consult a financial and tax advisor before claiming.

Does New Mexico tax Mega Millions winnings?

Yes. New Mexico taxes lottery winnings at 5.90% state income tax on top of federal taxes. For large jackpots, the combined rate can exceed 50%. Use our New Mexico tax calculator for your specific prize amount.

Mega Millions in New Mexico

New Mexico participates in the Mega Millions lottery, a multi-state game coordinated by the Multi-State Lottery Association (MUSL). Tickets cost $2 per play, with drawings every Tuesday and Friday at 11:00 PM Eastern Time.

To win the Mega Millions jackpot, players must match all five white balls (1–70) and the gold Mega Ball (1–25). The overall odds of winning any Mega Millions prize are approximately 1 in 24. The jackpot starts at $20 million and grows until someone wins.

New Mexico lottery winners pay 5.90% in state income tax on top of federal taxes. For exact calculations tailored to your prize amount and filing status, use the New Mexico lottery tax calculator.