USA Mega

Kansas Mega Millions Jackpot Annuity Payout Schedule for Apr 12, 2002

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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 $220,000,000 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:Fri, Apr 12, 2002
Jackpot:$220,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,311,316$1,182,207$188,745$1,940,364
2$3,476,882$1,243,466$198,182$2,035,233
3$3,650,726$1,307,789$208,091$2,134,845
4$3,833,262$1,375,327$218,496$2,239,439
5$4,024,925$1,446,242$229,421$2,349,262
6$4,226,171$1,520,704$240,892$2,464,576
7$4,437,480$1,598,888$252,936$2,585,656
8$4,659,354$1,680,981$265,583$2,712,789
9$4,892,322$1,767,179$278,862$2,846,280
10$5,136,938$1,857,687$292,805$2,986,445
11$5,393,784$1,952,720$307,446$3,133,618
12$5,663,474$2,052,505$322,818$3,288,150
13$5,946,647$2,157,280$338,959$3,450,409
14$6,243,980$2,267,293$355,907$3,620,780
15$6,556,179$2,382,806$373,702$3,799,670
16$6,883,988$2,504,096$392,387$3,987,505
17$7,228,187$2,631,449$412,007$4,184,731
18$7,589,596$2,765,171$432,607$4,391,818
19$7,969,076$2,905,578$454,237$4,609,260
20$8,367,530$3,053,006$476,949$4,837,574
21$8,785,906$3,207,806$500,797$5,077,304
22$9,225,202$3,370,345$525,836$5,329,020
23$9,686,462$3,541,011$552,128$5,593,322
24$10,170,785$3,720,211$579,735$5,870,839
25$10,679,324$3,908,370$608,721$6,162,232
26$11,213,290$4,105,938$639,158$6,468,195
27$11,773,955$4,313,384$671,115$6,789,456
28$12,362,653$4,531,202$704,671$7,126,780
29$12,980,785$4,759,911$739,905$7,480,970
30$13,629,825$5,000,055$776,900$7,852,869
Total$220,000,000$80,110,607$12,539,998$127,349,391

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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.