Winding parasitic capacitance is a major factor limiting the bandwidth of an inductor. In this paper, 1) the traditional, 2) the alternating, and 3) the partial alternating winding methods are evaluated for the multilayer printed spiral winding inductors for megahertz operations. The self-capacitances of various winding structures are estimated by the summation of parasitic capacitance among the turns of a winding. The electric field energy distributions in the inductors are derived from the voltage profiles to illustrate the relative magnitudes of winding parasitic capacitances. The results show that parasitic capacitance reduction can be achieved by reducing stored electric field energy. The partial alternating winding method is found to have the widest frequency bandwidth with reduced number of through-hole vias for multilayer printed spiral winding design. The theoretical analysis has been confirmed with practical measurements. The results provide useful information for the optimal design of coreless or core-based high-frequency planar magnetics.