USA Mega

Kansas Mega Millions Jackpot Annuity Payout Schedule for Sep 23, 2011

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $86,000,000 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, Sep 23, 2011
Jackpot:$86,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,294,423$434,894$73,782$785,747
2$1,359,145$458,841$77,471$822,833
3$1,427,102$483,985$81,345$861,772
4$1,498,457$510,386$85,412$902,659
5$1,573,380$538,108$89,683$945,589
6$1,652,049$567,215$94,167$990,667
7$1,734,651$597,778$98,875$1,037,998
8$1,821,384$629,869$103,819$1,087,696
9$1,912,453$663,565$109,010$1,139,878
10$2,008,076$698,945$114,460$1,194,670
11$2,108,479$736,095$120,183$1,252,201
12$2,213,903$775,101$126,192$1,312,609
13$2,324,598$816,059$132,502$1,376,038
14$2,440,828$859,064$139,127$1,442,637
15$2,562,870$904,219$146,084$1,512,567
16$2,691,013$951,632$153,388$1,585,993
17$2,825,564$1,001,416$161,057$1,663,091
18$2,966,842$1,053,689$169,110$1,744,043
19$3,115,184$1,108,575$177,566$1,829,043
20$3,270,944$1,166,206$186,444$1,918,293
21$3,434,491$1,226,719$195,766$2,012,006
22$3,606,215$1,290,257$205,554$2,110,404
23$3,786,526$1,356,972$215,832$2,213,722
24$3,975,852$1,427,023$226,624$2,322,206
25$4,174,645$1,500,576$237,955$2,436,114
26$4,383,377$1,577,807$249,852$2,555,718
27$4,602,546$1,658,899$262,345$2,681,302
28$4,832,673$1,744,046$275,462$2,813,165
29$5,074,307$1,833,451$289,235$2,951,621
30$5,328,022$1,927,326$303,697$3,097,000
Total$86,000,000$30,498,718$4,901,999$50,599,282

◄ 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.