USA Mega

Washington, D.C. Mega Millions Jackpot Annuity Payout Schedule for Feb 14, 2025

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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 $129,000,000 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:Fri, Feb 14, 2025
Jackpot:$129,000,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,941,635$674,362$208,726$1,058,547
2$2,038,717$710,283$219,162$1,109,272
3$2,140,653$747,999$230,120$1,162,534
4$2,247,685$787,601$241,626$1,218,458
5$2,360,070$829,183$253,707$1,277,179
6$2,478,073$872,844$266,393$1,338,836
7$2,601,977$918,689$279,713$1,403,576
8$2,732,076$966,825$293,698$1,471,552
9$2,868,679$1,017,369$308,383$1,542,928
10$3,012,113$1,070,439$323,802$1,617,872
11$3,162,719$1,126,163$339,992$1,696,563
12$3,320,855$1,184,674$356,992$1,779,189
13$3,486,898$1,246,109$374,842$1,865,947
14$3,661,243$1,310,617$393,584$1,957,042
15$3,844,305$1,378,350$413,263$2,052,692
16$4,036,520$1,449,470$433,926$2,153,124
17$4,238,346$1,524,145$455,622$2,258,579
18$4,450,263$1,602,555$478,403$2,369,305
19$4,672,776$1,684,885$502,323$2,485,568
20$4,906,415$1,771,331$527,440$2,607,645
21$5,151,736$1,862,100$553,812$2,735,825
22$5,409,323$1,957,407$581,502$2,870,414
23$5,679,789$2,057,479$610,577$3,011,732
24$5,963,778$2,162,555$641,106$3,160,117
25$6,261,967$2,272,885$673,161$3,315,921
26$6,575,066$2,388,732$706,820$3,479,515
27$6,903,819$2,510,370$742,161$3,651,288
28$7,249,010$2,638,091$779,269$3,831,650
29$7,611,460$2,772,198$818,232$4,021,031
30$7,992,033$2,913,010$859,144$4,219,880
Total$129,000,000$46,408,720$13,867,501$68,723,781

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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.