USA Mega

Arizona Mega Millions Jackpot Annuity Payout Schedule for Jan 9, 2001

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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 $39,000,000 for a ticket purchased in Arizona, 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:

Arizona

Drawing Date:Tue, Jan 9, 2001
Jackpot:$39,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$587,006$174,999$14,675$397,331
2$616,356$185,272$15,409$415,675
3$647,174$196,475$16,179$434,520
4$679,533$208,447$16,988$454,097
5$713,509$221,019$17,838$474,653
6$749,185$234,219$18,730$496,237
7$786,644$248,079$19,666$518,899
8$825,976$262,632$20,649$542,695
9$867,275$277,912$21,682$567,681
10$910,639$293,957$22,766$593,916
11$956,171$310,803$23,904$621,463
12$1,003,979$328,493$25,099$650,387
13$1,054,178$347,066$26,354$680,758
14$1,106,887$366,569$27,672$712,647
15$1,162,232$387,046$29,056$746,130
16$1,220,343$408,547$30,509$781,287
17$1,281,360$431,124$32,034$818,203
18$1,345,428$454,829$33,636$856,964
19$1,412,700$479,719$35,317$897,663
20$1,483,335$505,854$37,083$940,397
21$1,557,502$533,296$38,938$985,268
22$1,635,377$562,110$40,884$1,032,383
23$1,717,146$592,364$42,929$1,081,853
24$1,803,003$624,131$45,075$1,133,796
25$1,893,153$657,487$47,329$1,188,337
26$1,987,811$692,510$49,695$1,245,605
27$2,087,201$729,285$52,180$1,305,736
28$2,191,561$767,898$54,789$1,368,874
29$2,301,139$808,442$57,528$1,435,169
30$2,416,196$851,013$60,405$1,504,778
Total$39,000,000$13,141,597$974,998$24,883,402

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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.