USA Mega

Arizona Mega Millions Jackpot Annuity Payout Schedule for Sep 14, 2021

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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 $383,000,000 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 14, 2021
Jackpot:$383,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,764,700$2,088,896$144,117$3,531,686
2$6,052,935$2,195,543$151,323$3,706,068
3$6,355,581$2,307,522$158,890$3,889,169
4$6,673,361$2,425,101$166,834$4,081,426
5$7,007,028$2,548,558$175,176$4,283,295
6$7,357,380$2,678,188$183,934$4,495,258
7$7,725,249$2,814,299$193,131$4,717,818
8$8,111,511$2,957,216$202,788$4,951,507
9$8,517,087$3,107,279$212,927$5,196,880
10$8,942,941$3,264,846$223,574$5,454,522
11$9,390,088$3,430,290$234,752$5,725,046
12$9,859,593$3,604,007$246,490$6,009,096
13$10,352,572$3,786,409$258,814$6,307,349
14$10,870,201$3,977,932$271,755$6,620,514
15$11,413,711$4,179,030$285,343$6,949,338
16$11,984,397$4,390,184$299,610$7,294,603
17$12,583,616$4,611,895$314,590$7,657,131
18$13,212,797$4,844,692$330,320$8,037,785
19$13,873,437$5,089,129$346,836$8,437,472
20$14,567,109$5,345,788$364,178$8,857,144
21$15,295,464$5,615,279$382,387$9,297,799
22$16,060,238$5,898,245$401,506$9,760,486
23$16,863,249$6,195,360$421,581$10,246,309
24$17,706,412$6,507,330$442,660$10,756,422
25$18,591,732$6,834,898$464,793$11,292,041
26$19,521,319$7,178,845$488,033$11,854,441
27$20,497,385$7,539,990$512,435$12,444,961
28$21,522,254$7,919,191$538,056$13,065,006
29$22,598,367$8,317,353$564,959$13,716,055
30$23,728,285$8,735,423$593,207$14,399,655
Total$383,000,001$140,388,718$9,574,999$233,036,282

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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.