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Arkansas Mega Millions Jackpot Annuity Payout Schedule for Sep 21, 2021

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The tax information provided here is based on 2026 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 $431,000,000 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, Sep 21, 2021
Jackpot:$431,000,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,487,168$2,356,210$240,025$3,890,934
2$6,811,527$2,476,222$252,026$4,083,278
3$7,152,103$2,602,235$264,628$4,285,240
4$7,509,709$2,734,549$277,859$4,497,300
5$7,885,194$2,873,479$291,752$4,719,963
6$8,279,454$3,019,355$306,340$4,953,759
7$8,693,426$3,172,525$321,657$5,199,245
8$9,128,098$3,333,353$337,740$5,457,005
9$9,584,503$3,502,223$354,627$5,727,653
10$10,063,728$3,679,536$372,358$6,011,833
11$10,566,914$3,865,715$390,976$6,310,223
12$11,095,260$4,061,203$410,525$6,623,532
13$11,650,023$4,266,466$431,051$6,952,506
14$12,232,524$4,481,991$452,603$7,297,929
15$12,844,150$4,708,293$475,234$7,660,624
16$13,486,358$4,945,910$498,995$8,041,453
17$14,160,675$5,195,407$523,945$8,441,323
18$14,868,709$5,457,380$550,142$8,861,187
19$15,612,144$5,732,451$577,649$9,302,044
20$16,392,752$6,021,275$606,532$9,764,945
21$17,212,389$6,324,541$636,858$10,250,990
22$18,073,009$6,642,971$668,701$10,761,337
23$18,976,659$6,977,321$702,136$11,297,202
24$19,925,492$7,328,389$737,243$11,859,860
25$20,921,767$7,697,011$774,105$12,450,650
26$21,967,855$8,084,064$812,811$13,070,981
27$23,066,248$8,490,469$853,451$13,722,328
28$24,219,560$8,917,194$896,124$14,406,242
29$25,430,538$9,365,256$940,930$15,124,352
30$26,702,065$9,835,721$987,976$15,878,368
Total$431,000,001$158,148,715$15,946,999$256,904,286

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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.