USA Mega

Arizona Mega Millions Jackpot Annuity Payout Schedule for Sep 21, 2021

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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 $431,000,000 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 21, 2021
Jackpot:$431,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,487,168$2,357,273$162,179$3,967,717
2$6,811,527$2,477,285$170,288$4,163,954
3$7,152,103$2,603,298$178,803$4,370,002
4$7,509,709$2,735,612$187,743$4,586,353
5$7,885,194$2,874,542$197,130$4,813,522
6$8,279,454$3,020,418$206,986$5,052,049
7$8,693,426$3,173,588$217,336$5,302,503
8$9,128,098$3,334,416$228,202$5,565,479
9$9,584,503$3,503,286$239,613$5,841,604
10$10,063,728$3,680,599$251,593$6,131,535
11$10,566,914$3,866,778$264,173$6,435,963
12$11,095,260$4,062,266$277,381$6,755,612
13$11,650,023$4,267,529$291,251$7,091,243
14$12,232,524$4,483,054$305,813$7,443,657
15$12,844,150$4,709,356$321,104$7,813,690
16$13,486,358$4,946,973$337,159$8,202,226
17$14,160,675$5,196,470$354,017$8,610,188
18$14,868,709$5,458,443$371,718$9,038,549
19$15,612,144$5,733,514$390,304$9,488,327
20$16,392,752$6,022,338$409,819$9,960,595
21$17,212,389$6,325,604$430,310$10,456,475
22$18,073,009$6,644,034$451,825$10,977,150
23$18,976,659$6,978,384$474,416$11,523,859
24$19,925,492$7,329,452$498,137$12,097,902
25$20,921,767$7,698,074$523,044$12,700,649
26$21,967,855$8,085,127$549,196$13,333,532
27$23,066,248$8,491,532$576,656$13,998,060
28$24,219,560$8,918,257$605,489$14,695,814
29$25,430,538$9,366,319$635,763$15,428,455
30$26,702,065$9,836,784$667,552$16,197,729
Total$431,000,001$158,180,605$10,775,000$262,044,393

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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.