USA Mega

Arizona Mega Millions Jackpot Annuity Payout Schedule for Sep 30, 2014

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 $105,000,000 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, Sep 30, 2014
Jackpot:$105,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,580,401$541,768$39,510$999,122
2$1,659,421$571,006$41,486$1,046,929
3$1,742,392$601,705$43,560$1,097,127
4$1,829,511$633,939$45,738$1,149,834
5$1,920,987$667,785$48,025$1,205,177
6$2,017,036$703,324$50,426$1,263,287
7$2,117,888$740,639$52,947$1,324,302
8$2,223,783$779,820$55,595$1,388,368
9$2,334,972$820,960$58,374$1,455,638
10$2,451,720$864,157$61,293$1,526,270
11$2,574,306$909,514$64,358$1,600,435
12$2,703,022$957,138$67,576$1,678,308
13$2,838,173$1,007,144$70,954$1,760,074
14$2,980,081$1,059,650$74,502$1,845,929
15$3,129,085$1,114,782$78,227$1,936,076
16$3,285,540$1,172,670$82,138$2,030,731
17$3,449,816$1,233,452$86,245$2,130,119
18$3,622,307$1,297,274$90,558$2,234,476
19$3,803,423$1,364,287$95,086$2,344,050
20$3,993,594$1,434,650$99,840$2,459,104
21$4,193,273$1,508,531$104,832$2,579,910
22$4,402,937$1,586,107$110,073$2,706,757
23$4,623,084$1,667,561$115,577$2,839,946
24$4,854,238$1,753,088$121,356$2,979,794
25$5,096,950$1,842,892$127,424$3,126,635
26$5,351,798$1,937,185$133,795$3,280,817
27$5,619,388$2,036,194$140,485$3,442,709
28$5,900,357$2,140,152$147,509$3,612,696
29$6,195,375$2,249,309$154,884$3,791,181
30$6,505,144$2,363,923$162,629$3,978,592
Total$105,000,000$37,560,606$2,625,002$64,814,393

◄ 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.