USA Mega

Idaho Mega Millions Jackpot Annuity Payout Schedule for Nov 25, 2022

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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 $284,000,000 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, Nov 25, 2022
Jackpot:$284,000,000
Federal Tax:37% marginal rate
State Tax: 5.695%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,274,608$1,538,625$243,439$2,492,544
2$4,488,338$1,617,705$255,611$2,615,022
3$4,712,755$1,700,740$268,391$2,743,624
4$4,948,393$1,787,926$281,811$2,878,656
5$5,195,812$1,879,471$295,901$3,020,440
6$5,455,603$1,975,593$310,697$3,169,313
7$5,728,383$2,076,522$326,231$3,325,630
8$6,014,802$2,182,497$342,543$3,489,762
9$6,315,542$2,293,771$359,670$3,662,101
10$6,631,319$2,410,608$377,654$3,843,057
11$6,962,885$2,533,288$396,536$4,033,061
12$7,311,030$2,662,101$416,363$4,232,565
13$7,676,581$2,797,355$437,181$4,442,045
14$8,060,410$2,939,372$459,040$4,661,998
15$8,463,431$3,088,490$481,992$4,892,949
16$8,886,602$3,245,063$506,092$5,135,447
17$9,330,932$3,409,465$531,397$5,390,070
18$9,797,479$3,582,087$557,966$5,657,425
19$10,287,353$3,763,341$585,865$5,938,147
20$10,801,720$3,953,657$615,158$6,232,906
21$11,341,806$4,153,489$645,916$6,542,402
22$11,908,897$4,363,312$678,212$6,867,373
23$12,504,342$4,583,627$712,122$7,208,593
24$13,129,559$4,814,957$747,728$7,566,873
25$13,786,036$5,057,854$785,115$7,943,068
26$14,475,339$5,312,896$824,371$8,338,073
27$15,199,105$5,580,689$865,589$8,752,827
28$15,959,061$5,861,873$908,868$9,188,319
29$16,757,014$6,157,115$954,312$9,645,586
30$17,594,864$6,467,120$1,002,028$10,125,717
Total$284,000,001$103,790,609$16,173,799$164,035,593

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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.