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Connecticut Mega Millions Jackpot Annuity Payout Schedule for Apr 5, 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 $81,000,000 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 5, 2022
Jackpot:$81,000,000
Federal Tax:37% marginal rate
State Tax: 6.99%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,219,166$407,049$85,220$726,898
2$1,280,125$429,603$89,481$761,041
3$1,344,131$453,286$93,955$796,890
4$1,411,337$478,152$98,652$834,533
5$1,481,904$504,262$103,585$874,057
6$1,555,999$531,677$108,764$915,558
7$1,633,799$560,463$114,203$959,134
8$1,715,489$590,688$119,913$1,004,888
9$1,801,264$622,425$125,908$1,052,931
10$1,891,327$655,748$132,204$1,103,375
11$1,985,893$690,738$138,814$1,156,342
12$2,085,188$727,477$145,755$1,211,957
13$2,189,447$766,053$153,042$1,270,352
14$2,298,920$806,558$160,694$1,331,668
15$2,413,866$849,088$168,729$1,396,049
16$2,534,559$893,744$177,166$1,463,649
17$2,661,287$940,633$186,024$1,534,630
18$2,794,351$989,867$195,325$1,609,159
19$2,934,069$1,041,563$205,091$1,687,415
20$3,080,772$1,095,843$215,346$1,769,583
21$3,234,811$1,152,837$226,113$1,855,860
22$3,396,552$1,212,681$237,419$1,946,451
23$3,566,379$1,275,518$249,290$2,041,572
24$3,744,698$1,341,496$261,754$2,141,448
25$3,931,933$1,410,772$274,842$2,246,318
26$4,128,530$1,483,513$288,584$2,356,432
27$4,334,956$1,559,891$303,013$2,472,052
28$4,551,704$1,640,088$318,164$2,593,452
29$4,779,289$1,724,294$334,072$2,720,923
30$5,018,254$1,812,711$350,776$2,854,767
Total$81,000,000$28,648,718$5,661,898$46,689,384

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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.