USA Mega

Kansas Mega Millions Jackpot Annuity Payout Schedule for Sep 12, 2000

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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 $63,000,000 for a ticket purchased in Kansas, 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:

Kansas

Drawing Date:Tue, Sep 12, 2000
Jackpot:$63,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$948,240$306,806$54,050$587,385
2$995,652$324,349$56,752$614,552
3$1,045,435$342,768$59,590$643,077
4$1,097,707$362,109$62,569$673,029
5$1,152,592$382,416$65,698$704,478
6$1,210,222$403,739$68,983$737,500
7$1,270,733$426,128$72,432$772,173
8$1,334,270$449,637$76,053$808,579
9$1,400,983$474,321$79,856$846,806
10$1,471,032$500,239$83,849$886,944
11$1,544,584$527,453$88,041$929,089
12$1,621,813$556,028$92,443$973,342
13$1,702,904$586,032$97,066$1,019,806
14$1,788,049$617,535$101,919$1,068,595
15$1,877,451$650,614$107,015$1,119,822
16$1,971,324$685,347$112,365$1,173,611
17$2,069,890$721,817$117,984$1,230,090
18$2,173,384$760,109$123,883$1,289,392
19$2,282,054$800,317$130,077$1,351,659
20$2,396,156$842,535$136,581$1,417,040
21$2,515,964$886,864$143,410$1,485,690
22$2,641,762$933,409$150,580$1,557,773
23$2,773,850$982,282$158,109$1,633,459
24$2,912,543$1,033,598$166,015$1,712,930
25$3,058,170$1,087,480$174,316$1,796,374
26$3,211,079$1,144,056$183,031$1,883,991
27$3,371,633$1,203,461$192,183$1,975,988
28$3,540,214$1,265,836$201,792$2,072,585
29$3,717,225$1,331,330$211,882$2,174,013
30$3,903,086$1,400,099$222,476$2,280,511
Total$63,000,000$21,988,714$3,591,000$37,420,283

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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.