USA Mega

Arkansas Mega Millions Jackpot Annuity Payout Schedule for Oct 23, 2018

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

The tax information provided here is based on 2025 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Mega Millions annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $1,537,000,000 for a ticket purchased in Arkansas, 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 exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Arkansas

Drawing Date:Tue, Oct 23, 2018
Jackpot:$1,537,000,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$23,134,056$8,516,621$902,228$13,715,207
2$24,290,759$8,944,601$947,340$14,398,818
3$25,505,296$9,393,980$994,707$15,116,610
4$26,780,562$9,865,828$1,044,442$15,870,292
5$28,119,589$10,361,268$1,096,664$16,661,657
6$29,525,569$10,881,481$1,151,497$17,492,591
7$31,001,848$11,427,704$1,209,072$18,365,072
8$32,551,940$12,001,238$1,269,526$19,281,176
9$34,179,537$12,603,449$1,333,002$20,243,086
10$35,888,513$13,235,770$1,399,652$21,253,091
11$37,682,939$13,899,708$1,469,635$22,313,597
12$39,567,086$14,596,842$1,543,116$23,427,128
13$41,545,440$15,328,833$1,620,272$24,596,335
14$43,622,713$16,097,424$1,701,286$25,824,003
15$45,803,848$16,904,444$1,786,350$27,113,054
16$48,094,041$17,751,815$1,875,668$28,466,558
17$50,498,742$18,641,555$1,969,451$29,887,736
18$53,023,680$19,575,782$2,067,924$31,379,974
19$55,674,863$20,556,720$2,171,320$32,946,824
20$58,458,607$21,586,705$2,279,886$34,592,016
21$61,381,537$22,668,189$2,393,880$36,319,468
22$64,450,614$23,803,747$2,513,574$38,133,292
23$67,673,145$24,996,084$2,639,253$40,037,808
24$71,056,801$26,248,037$2,771,215$42,037,549
25$74,609,641$27,562,587$2,909,776$44,137,278
26$78,340,125$28,942,866$3,055,265$46,341,993
27$82,257,131$30,392,159$3,208,028$48,656,944
28$86,369,986$31,913,915$3,368,429$51,087,641
29$90,688,486$33,511,760$3,536,851$53,639,875
30$95,222,911$35,189,497$3,713,694$56,319,720
Total$1,537,000,003$567,400,609$59,943,003$909,656,393

◄ Back to Jackpot Analysis

Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.