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Arizona Mega Millions Jackpot Annuity Payout Schedule for Jun 10, 2022

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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 $226,000,000 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, Jun 10, 2022
Jackpot:$226,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,401,624$1,214,558$85,041$2,102,025
2$3,571,706$1,277,488$89,293$2,204,925
3$3,750,291$1,343,565$93,757$2,312,969
4$3,937,805$1,412,945$98,445$2,426,415
5$4,134,696$1,485,795$103,367$2,545,534
6$4,341,430$1,562,286$108,536$2,670,608
7$4,558,502$1,642,603$113,963$2,801,936
8$4,786,427$1,726,935$119,661$2,939,831
9$5,025,748$1,815,484$125,644$3,084,621
10$5,277,036$1,908,461$131,926$3,236,649
11$5,540,888$2,006,086$138,522$3,396,280
12$5,817,932$2,108,592$145,448$3,563,892
13$6,108,829$2,216,224$152,721$3,739,884
14$6,414,270$2,329,237$160,357$3,924,676
15$6,734,984$2,447,901$168,375$4,118,708
16$7,071,733$2,572,498$176,793$4,322,441
17$7,425,319$2,703,325$185,633$4,536,361
18$7,796,585$2,840,694$194,915$4,760,977
19$8,186,414$2,984,931$204,660$4,996,824
20$8,595,735$3,136,379$214,893$5,244,463
21$9,025,522$3,295,400$225,638$5,504,484
22$9,476,798$3,462,373$236,920$5,777,506
23$9,950,638$3,637,693$248,766$6,064,179
24$10,448,170$3,821,780$261,204$6,365,186
25$10,970,578$4,015,071$274,264$6,681,243
26$11,519,107$4,218,027$287,978$7,013,103
27$12,095,063$4,431,130$302,377$7,361,556
28$12,699,816$4,654,889$317,495$7,727,431
29$13,334,807$4,889,836$333,370$8,111,601
30$14,001,547$5,136,530$350,039$8,514,979
Total$226,000,000$82,298,716$5,650,001$138,051,287

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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.