USA Mega

Arizona Mega Millions Jackpot Annuity Payout Schedule for Feb 1, 2013

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 $13,000,000 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 1, 2013
Jackpot:$13,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$195,669$39,807$4,892$150,969
2$205,452$42,808$5,136$157,508
3$215,725$46,095$5,393$164,237
4$226,511$49,546$5,663$171,302
5$237,836$53,171$5,946$178,720
6$249,728$56,976$6,243$186,509
7$262,215$61,322$6,555$194,337
8$275,325$65,911$6,883$202,531
9$289,092$70,729$7,227$211,135
10$303,546$75,788$7,589$220,169
11$318,724$81,101$7,968$229,655
12$334,660$86,678$8,366$239,615
13$351,393$92,535$8,785$250,073
14$368,962$98,684$9,224$261,054
15$387,411$105,141$9,685$272,584
16$406,781$111,921$10,170$284,691
17$427,120$119,039$10,678$297,403
18$448,476$126,514$11,212$310,750
19$470,900$134,362$11,772$324,765
20$494,445$142,603$12,361$339,481
21$519,167$151,256$12,979$354,932
22$545,126$160,341$13,628$371,156
23$572,382$169,881$14,310$388,191
24$601,001$179,898$15,025$406,078
25$631,051$190,509$15,776$424,766
26$662,604$202,184$16,565$443,855
27$695,734$214,442$17,393$463,899
28$730,520$227,313$18,263$484,945
29$767,046$240,827$19,176$507,043
30$805,399$255,018$20,135$530,246
Total$13,000,000$3,652,400$324,998$9,022,599

◄ 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.