USA Mega

Idaho Mega Millions Jackpot Annuity Payout Schedule for Jan 1, 1999

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 $16,000,000 for a ticket purchased in Idaho, 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:

Idaho

Drawing Date:Fri, Jan 1, 1999
Jackpot:$16,000,000
Federal Tax:37% marginal rate
State Tax: 5.695%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$240,823$54,126$13,715$172,982
2$252,864$58,050$14,401$180,414
3$265,507$62,475$15,121$187,912
4$278,783$67,121$15,877$195,785
5$292,722$72,000$16,671$204,051
6$307,358$77,123$17,504$212,731
7$322,726$82,501$18,379$221,845
8$338,862$88,149$19,298$231,415
9$355,805$94,079$20,263$241,463
10$373,595$100,306$21,276$252,014
11$392,275$106,844$22,340$263,092
12$411,889$113,708$23,457$274,724
13$432,483$120,916$24,630$286,937
14$454,108$128,485$25,861$299,761
15$476,813$136,432$27,154$313,227
16$500,654$144,776$28,512$327,365
17$525,686$153,537$29,938$342,211
18$551,971$162,737$31,435$357,799
19$579,569$172,396$33,006$374,166
20$608,548$182,539$34,657$391,352
21$638,975$193,441$36,390$409,144
22$670,924$205,262$38,209$427,453
23$704,470$217,674$40,120$446,676
24$739,693$230,707$42,126$466,861
25$776,678$244,391$44,232$488,055
26$815,512$258,760$46,443$510,309
27$856,288$273,847$48,766$533,675
28$899,102$289,688$51,204$558,210
29$944,057$306,321$53,764$583,972
30$991,260$323,786$56,452$611,021
Total$16,000,000$4,722,177$911,201$10,366,622

◄ 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.