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

Mega Millions Annuity Jackpot Analysis for Kansas (May. 25, 2018 Drawing)

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 $73,000,000 would be for a resident of Kansas, 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:

Kansas

Drawing Date:  May. 25, 2018
Jackpot:$73,000,000
Federal Tax:  24%
State Tax:5.00%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,098,755$263,701$54,938$780,116
2$1,153,693$276,886$57,685$819,122
3$1,211,377$290,731$60,569$860,078
4$1,271,946$305,267$63,597$903,082
5$1,335,543$320,530$66,777$948,236
6$1,402,320$336,557$70,116$995,648
7$1,472,436$353,385$73,622$1,045,430
8$1,546,058$371,054$77,303$1,097,701
9$1,623,361$389,607$81,168$1,152,586
10$1,704,529$409,087$85,226$1,210,216
11$1,789,756$429,541$89,488$1,270,727
12$1,879,244$451,018$93,962$1,334,263
13$1,973,206$473,569$98,660$1,400,976
14$2,071,866$497,248$103,593$1,471,025
15$2,175,459$522,110$108,773$1,544,576
16$2,284,232$548,216$114,212$1,621,805
17$2,398,444$575,627$119,922$1,702,895
18$2,518,366$604,408$125,918$1,788,040
19$2,644,284$634,628$132,214$1,877,442
20$2,776,499$666,360$138,825$1,971,314
21$2,915,323$699,678$145,766$2,069,880
22$3,061,090$734,662$153,054$2,173,374
23$3,214,144$771,395$160,707$2,282,042
24$3,374,851$809,964$168,743$2,396,144
25$3,543,594$850,463$177,180$2,515,952
26$3,720,774$892,986$186,039$2,641,749
27$3,906,812$937,635$195,341$2,773,837
28$4,102,153$984,517$205,108$2,912,529
29$4,307,261$1,033,743$215,363$3,058,155
30$4,522,624$1,085,430$226,131$3,211,063
Total$73,000,000$17,520,000$3,650,000$51,830,000
<( Back )Mega Millions Jackpot Analysis
(Current Drawing)
Top ^



Accuracy Statement  |  Advertise  |  Privacy Policy  |  Site Map  |  DMCA  |  Terms of Use
Copyright © 1999-2019 Speednet Group.  All rights reserved.