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

Mega Millions Annuity Jackpot Analysis for Pennsylvania (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 Pennsylvania, 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:

Pennsylvania

Drawing Date:  May. 25, 2018
Jackpot:$73,000,000
Federal Tax:  24%
State Tax:3.07%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,098,755$263,701$33,732$801,322
2$1,153,693$276,886$35,418$841,388
3$1,211,377$290,731$37,189$883,457
4$1,271,946$305,267$39,049$927,630
5$1,335,543$320,530$41,001$974,012
6$1,402,320$336,557$43,051$1,022,712
7$1,472,436$353,385$45,204$1,073,848
8$1,546,058$371,054$47,464$1,127,540
9$1,623,361$389,607$49,837$1,183,917
10$1,704,529$409,087$52,329$1,243,113
11$1,789,756$429,541$54,946$1,305,269
12$1,879,244$451,018$57,693$1,370,532
13$1,973,206$473,569$60,577$1,439,059
14$2,071,866$497,248$63,606$1,511,012
15$2,175,459$522,110$66,787$1,586,562
16$2,284,232$548,216$70,126$1,665,891
17$2,398,444$575,627$73,632$1,749,185
18$2,518,366$604,408$77,314$1,836,644
19$2,644,284$634,628$81,180$1,928,477
20$2,776,499$666,360$85,239$2,024,900
21$2,915,323$699,678$89,500$2,126,145
22$3,061,090$734,662$93,975$2,232,453
23$3,214,144$771,395$98,674$2,344,075
24$3,374,851$809,964$103,608$2,461,279
25$3,543,594$850,463$108,788$2,584,343
26$3,720,774$892,986$114,228$2,713,560
27$3,906,812$937,635$119,939$2,849,238
28$4,102,153$984,517$125,936$2,991,700
29$4,307,261$1,033,743$132,233$3,141,285
30$4,522,624$1,085,430$138,845$3,298,349
Total$73,000,000$17,520,000$2,241,100$53,238,900
<( 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.