USA Mega

Arizona Mega Millions Jackpot Annuity Payout Schedule for Feb 9, 2007

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

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 $91,000,000 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:Fri, Feb 9, 2007
Jackpot:$91,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,369,681$462,739$34,242$872,700
2$1,438,165$488,078$35,954$914,132
3$1,510,073$514,684$37,752$957,637
4$1,585,577$542,621$39,639$1,003,317
5$1,664,855$571,954$41,621$1,051,280
6$1,748,098$602,754$43,702$1,101,642
7$1,835,503$635,093$45,888$1,154,522
8$1,927,278$669,050$48,182$1,210,046
9$2,023,642$704,705$50,591$1,268,346
10$2,124,824$742,142$53,121$1,329,561
11$2,231,065$781,451$55,777$1,393,837
12$2,342,619$822,726$58,565$1,461,327
13$2,459,750$866,065$61,494$1,532,191
14$2,582,737$911,570$64,568$1,606,599
15$2,711,874$959,351$67,797$1,684,726
16$2,847,468$1,009,520$71,187$1,766,761
17$2,989,841$1,062,198$74,746$1,852,897
18$3,139,333$1,117,510$78,483$1,943,339
19$3,296,300$1,175,588$82,407$2,038,304
20$3,461,115$1,236,570$86,528$2,138,017
21$3,634,170$1,300,600$90,854$2,242,716
22$3,815,879$1,367,832$95,397$2,352,649
23$4,006,673$1,438,426$100,167$2,468,080
24$4,207,006$1,512,550$105,175$2,589,282
25$4,417,357$1,590,379$110,434$2,716,544
26$4,638,225$1,672,100$115,956$2,850,169
27$4,870,136$1,757,908$121,753$2,990,475
28$5,113,643$1,848,005$127,841$3,137,797
29$5,369,325$1,942,607$134,233$3,292,484
30$5,637,791$2,041,940$140,945$3,454,906
Total$91,000,000$32,348,716$2,274,999$56,376,283

◄ 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.