USA Mega
Home of Mega Millions and Powerball, the USA's biggest multi-state lottery games.
Marketplace

Mega Millions Annuity Jackpot Analysis for Arizona

Media: You may freely use any information on this page, but you must credit www.usamega.com.

The Mega Millions annuity jackpot is awarded according to an increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $74,000,000 would be for a resident of Arizona, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the final tax burden, which may vary depending on how the winner chooses to invest or dispense their prize money.  (For example, if the winner gave all their fortune to charity, they may actually end up getting money back that was initially withheld, whereas someone who buys a new mansion and a fleet of new cars would probably end up owing more taxes than shown.)

State:

Arizona

Drawing Date:  Tue, Sep 1, 2015
Jackpot:$74,000,000
Federal Tax:  25%
State Tax:5.00%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,113,806$278,452$55,690$779,664
2$1,169,497$292,374$58,475$818,648
3$1,227,971$306,993$61,399$859,580
4$1,289,370$322,342$64,468$902,559
5$1,353,838$338,460$67,692$947,687
6$1,421,530$355,383$71,077$995,071
7$1,492,607$373,152$74,630$1,044,825
8$1,567,237$391,809$78,362$1,097,066
9$1,645,599$411,400$82,280$1,151,919
10$1,727,879$431,970$86,394$1,209,515
11$1,814,273$453,568$90,714$1,269,991
12$1,904,987$476,247$95,249$1,333,491
13$2,000,236$500,059$100,012$1,400,165
14$2,100,248$525,062$105,012$1,470,173
15$2,205,260$551,315$110,263$1,543,682
16$2,315,523$578,881$115,776$1,620,866
17$2,431,299$607,825$121,565$1,701,909
18$2,552,864$638,216$127,643$1,787,005
19$2,680,507$670,127$134,025$1,876,355
20$2,814,533$703,633$140,727$1,970,173
21$2,955,259$738,815$147,763$2,068,682
22$3,103,022$775,756$155,151$2,172,116
23$3,258,174$814,543$162,909$2,280,721
24$3,421,082$855,271$171,054$2,394,758
25$3,592,136$898,034$179,607$2,514,495
26$3,771,743$942,936$188,587$2,640,220
27$3,960,330$990,083$198,017$2,772,231
28$4,158,347$1,039,587$207,917$2,910,843
29$4,366,264$1,091,566$218,313$3,056,385
30$4,584,577$1,146,144$229,229$3,209,204
Total$74,000,000$18,500,000$3,700,000$51,800,000
<( Back )Mega Millions Jackpot Analysis
(Current Drawing)
Top ^

The best selection at discount prices BOOKS & DVDs
Huge discounts!



Accuracy Statement  |  Advertise  |  Privacy Policy  |  Site Map  |  Terms of Use
Copyright © 1999-2015 Speednet Group.  All rights reserved.