USA Mega

Washington, D.C. Mega Millions Jackpot Annuity Payout Schedule for Sep 5, 2023

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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 $101,000,000 for a ticket purchased in Washington, D.C., 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:

Washington, D.C.

Drawing Date:Tue, Sep 5, 2023
Jackpot:$101,000,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,520,195$519,492$163,421$837,282
2$1,596,205$547,616$171,592$876,997
3$1,676,015$577,146$180,172$918,698
4$1,759,816$608,152$189,180$962,483
5$1,847,806$640,709$198,639$1,008,459
6$1,940,197$674,893$208,571$1,056,733
7$2,037,207$710,787$219,000$1,107,420
8$2,139,067$748,475$229,950$1,160,642
9$2,246,020$788,048$241,447$1,216,525
10$2,358,321$829,599$253,520$1,275,203
11$2,476,237$873,228$266,196$1,336,814
12$2,600,049$919,038$279,505$1,401,505
13$2,730,052$967,139$293,481$1,469,432
14$2,866,554$1,017,645$308,155$1,540,754
15$3,009,882$1,070,677$323,562$1,615,643
16$3,160,376$1,126,359$339,740$1,694,276
17$3,318,395$1,184,826$356,727$1,776,841
18$3,484,315$1,246,217$374,564$1,863,534
19$3,658,530$1,310,676$393,292$1,954,562
20$3,841,457$1,378,359$412,957$2,050,141
21$4,033,530$1,449,426$433,604$2,150,499
22$4,235,206$1,524,047$455,285$2,255,875
23$4,446,967$1,602,398$478,049$2,366,520
24$4,669,315$1,684,667$501,951$2,482,697
25$4,902,781$1,771,049$527,049$2,604,683
26$5,147,920$1,861,751$553,401$2,732,768
27$5,405,316$1,956,987$581,071$2,867,257
28$5,675,581$2,056,985$610,125$3,008,471
29$5,959,360$2,161,984$640,631$3,156,746
30$6,257,329$2,272,232$672,663$3,312,434
Total$101,000,000$36,080,607$10,857,500$54,061,894

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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.