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Connecticut Mega Millions Jackpot Annuity Payout Schedule for Apr 6, 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 $184,000,000 for a ticket purchased in Connecticut, 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:

Connecticut

Drawing Date:Tue, Apr 6, 2021
Jackpot:$184,000,000
Federal Tax:37% marginal rate
State Tax: 6.99%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,769,464$980,659$193,586$1,595,220
2$2,907,937$1,031,894$203,265$1,672,778
3$3,053,334$1,085,691$213,428$1,754,215
4$3,206,001$1,142,178$224,099$1,839,724
5$3,366,301$1,201,489$235,304$1,929,508
6$3,534,616$1,263,765$247,070$2,023,781
7$3,711,347$1,329,156$259,423$2,122,768
8$3,896,914$1,397,815$272,394$2,226,704
9$4,091,760$1,469,908$286,014$2,335,837
10$4,296,348$1,545,606$300,315$2,450,427
11$4,511,165$1,625,088$315,330$2,570,746
12$4,736,723$1,708,545$331,097$2,697,082
13$4,973,560$1,796,174$347,652$2,829,733
14$5,222,238$1,888,185$365,034$2,969,018
15$5,483,349$1,984,797$383,286$3,115,267
16$5,757,517$2,086,239$402,450$3,268,828
17$6,045,393$2,192,753$422,573$3,430,067
18$6,347,662$2,304,592$443,702$3,599,368
19$6,665,045$2,422,024$465,887$3,777,135
20$6,998,298$2,545,327$489,181$3,963,789
21$7,348,213$2,674,796$513,640$4,159,777
22$7,715,623$2,810,738$539,322$4,365,563
23$8,101,404$2,953,477$566,288$4,581,639
24$8,506,475$3,103,353$594,603$4,808,519
25$8,931,798$3,260,723$624,333$5,046,743
26$9,378,388$3,425,961$655,549$5,296,878
27$9,847,308$3,599,461$688,327$5,559,520
28$10,339,673$3,781,636$722,743$5,835,294
29$10,856,657$3,972,920$758,880$6,124,856
30$11,399,490$4,173,768$796,824$6,428,897
Total$184,000,000$66,758,718$12,861,599$104,379,681

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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.