USA Mega

Arizona Mega Millions Jackpot Annuity Payout Schedule for Jan 10, 2023

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 $1,100,000,000 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, Jan 10, 2023
Jackpot:$1,100,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$16,556,579$6,082,954$413,914$10,059,710
2$17,384,408$6,389,251$434,610$10,560,546
3$18,253,628$6,710,862$456,341$11,086,425
4$19,166,310$7,048,555$479,158$11,638,597
5$20,124,624$7,403,131$503,116$12,218,377
6$21,130,856$7,775,437$528,271$12,827,148
7$22,187,399$8,166,358$554,685$13,466,356
8$23,296,769$8,576,825$582,419$14,137,525
9$24,461,608$9,007,815$611,540$14,842,252
10$25,684,688$9,460,355$642,117$15,582,216
11$26,968,922$9,935,521$674,223$16,359,178
12$28,317,368$10,434,446$707,934$17,174,988
13$29,733,237$10,958,318$743,331$18,031,588
14$31,219,899$11,508,383$780,497$18,931,018
15$32,780,893$12,085,951$819,522$19,875,420
16$34,419,938$12,692,397$860,498$20,867,042
17$36,140,935$13,329,166$903,523$21,908,245
18$37,947,982$13,997,773$948,700$23,001,509
19$39,845,380$14,699,811$996,135$24,149,435
20$41,837,650$15,436,951$1,045,941$25,354,758
21$43,929,532$16,210,947$1,098,238$26,620,346
22$46,126,009$17,023,643$1,153,150$27,949,215
23$48,432,309$17,876,975$1,210,808$29,344,527
24$50,853,924$18,772,972$1,271,348$30,809,604
25$53,396,620$19,713,770$1,334,916$32,347,935
26$56,066,452$20,701,608$1,401,661$33,963,183
27$58,869,775$21,738,837$1,471,744$35,659,193
28$61,813,263$22,827,927$1,545,332$37,440,004
29$64,903,926$23,971,473$1,622,598$39,309,855
30$68,149,123$25,172,196$1,703,728$41,273,199
Total$1,100,000,002$405,710,608$27,499,998$666,789,394

◄ 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.