USA Mega

Arizona Mega Millions Jackpot Annuity Payout Schedule for Jul 26, 2022

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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 $830,000,000 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, Jul 26, 2022
Jackpot:$830,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$12,492,691$4,579,316$312,317$7,601,058
2$13,117,326$4,810,431$327,933$7,978,962
3$13,773,192$5,053,101$344,330$8,375,761
4$14,461,852$5,307,905$361,546$8,792,400
5$15,184,944$5,575,449$379,624$9,229,871
6$15,944,191$5,856,371$398,605$9,689,215
7$16,741,401$6,151,339$418,535$10,171,528
8$17,578,471$6,461,055$439,462$10,677,955
9$18,457,395$6,786,256$461,435$11,209,704
10$19,380,264$7,127,718$484,507$11,768,040
11$20,349,278$7,486,253$508,732$12,354,293
12$21,366,741$7,862,715$534,169$12,969,858
13$22,435,078$8,257,999$560,877$13,616,202
14$23,556,833$8,673,048$588,921$14,294,863
15$24,734,674$9,108,850$618,367$15,007,457
16$25,971,408$9,566,441$649,285$15,755,682
17$27,269,978$10,046,912$681,749$16,541,316
18$28,633,477$10,551,407$715,837$17,366,233
19$30,065,151$11,081,126$751,629$18,232,396
20$31,568,408$11,637,331$789,210$19,141,867
21$33,146,829$12,221,347$828,671$20,096,811
22$34,804,170$12,834,563$870,104$21,099,503
23$36,544,379$13,478,440$913,609$22,152,329
24$38,371,597$14,154,511$959,290$23,257,796
25$40,290,177$14,864,386$1,007,254$24,418,537
26$42,304,687$15,609,754$1,057,617$25,637,315
27$44,419,921$16,392,391$1,110,498$26,917,032
28$46,640,916$17,214,159$1,166,023$28,260,734
29$48,972,962$18,077,016$1,224,324$29,671,622
30$51,421,611$18,983,016$1,285,540$31,153,054
Total$830,000,002$305,810,606$20,750,000$503,439,394

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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.