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

Click Here to be notified of important announcements and events

Marketplace

Mega Millions Annuity Jackpot Analysis for Wyoming

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 $90,000,000 would be for a resident of Wyoming, 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:

Wyoming

Drawing Date:  Fri, Aug 23, 2019
Jackpot:$90,000,000
Federal Tax:  24%
State Tax:No state tax on lottery prizes
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,354,629$325,111$0$1,029,518
2$1,422,361$341,367$0$1,080,994
3$1,493,479$358,435$0$1,135,044
4$1,568,153$376,357$0$1,191,796
5$1,646,560$395,174$0$1,251,386
6$1,728,888$414,933$0$1,313,955
7$1,815,333$435,680$0$1,379,653
8$1,906,099$457,464$0$1,448,635
9$2,001,404$480,337$0$1,521,067
10$2,101,474$504,354$0$1,597,121
11$2,206,548$529,572$0$1,676,977
12$2,316,876$556,050$0$1,760,825
13$2,432,719$583,853$0$1,848,867
14$2,554,355$613,045$0$1,941,310
15$2,682,073$643,698$0$2,038,376
16$2,816,177$675,882$0$2,140,294
17$2,956,986$709,677$0$2,247,309
18$3,104,835$745,160$0$2,359,674
19$3,260,077$782,418$0$2,477,658
20$3,423,080$821,539$0$2,601,541
21$3,594,234$862,616$0$2,731,618
22$3,773,946$905,747$0$2,868,199
23$3,962,643$951,034$0$3,011,609
24$4,160,776$998,586$0$3,162,189
25$4,368,814$1,048,515$0$3,320,299
26$4,587,255$1,100,941$0$3,486,314
27$4,816,618$1,155,988$0$3,660,630
28$5,057,449$1,213,788$0$3,843,661
29$5,310,321$1,274,477$0$4,035,844
30$5,575,837$1,338,201$0$4,237,636
Total$90,000,000$21,600,000$0$68,400,000
<( 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.