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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 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 $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: 3.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,487,168$2,357,273$253,000$3,876,896
2$6,811,527$2,477,285$265,650$4,068,592
3$7,152,103$2,603,298$278,932$4,269,873
4$7,509,709$2,735,612$292,879$4,481,218
5$7,885,194$2,874,542$307,523$4,703,129
6$8,279,454$3,020,418$322,899$4,936,137
7$8,693,426$3,173,588$339,044$5,180,795
8$9,128,098$3,334,416$355,996$5,437,685
9$9,584,503$3,503,286$373,796$5,707,421
10$10,063,728$3,680,599$392,485$5,990,643
11$10,566,914$3,866,778$412,110$6,288,026
12$11,095,260$4,062,266$432,715$6,600,278
13$11,650,023$4,267,529$454,351$6,928,143
14$12,232,524$4,483,054$477,068$7,272,401
15$12,844,150$4,709,356$500,922$7,633,872
16$13,486,358$4,946,973$525,968$8,013,417
17$14,160,675$5,196,470$552,266$8,411,939
18$14,868,709$5,458,443$579,880$8,830,387
19$15,612,144$5,733,514$608,874$9,269,757
20$16,392,752$6,022,338$639,317$9,731,096
21$17,212,389$6,325,604$671,283$10,215,502
22$18,073,009$6,644,034$704,847$10,724,128
23$18,976,659$6,978,384$740,090$11,258,185
24$19,925,492$7,329,452$777,094$11,818,946
25$20,921,767$7,698,074$815,949$12,407,744
26$21,967,855$8,085,127$856,746$13,025,982
27$23,066,248$8,491,532$899,584$13,675,132
28$24,219,560$8,918,257$944,563$14,356,740
29$25,430,538$9,366,319$991,791$15,072,428
30$26,702,065$9,836,784$1,041,381$15,823,900
Total$431,000,001$158,180,605$16,809,003$256,010,392

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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.