USA Mega

Kansas Mega Millions Jackpot Annuity Payout Schedule for Sep 13, 2013

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 $119,000,000 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 13, 2013
Jackpot:$119,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,791,121$618,672$102,094$1,070,355
2$1,880,677$651,808$107,199$1,121,671
3$1,974,711$686,600$112,559$1,175,552
4$2,073,446$723,132$118,186$1,232,127
5$2,177,118$761,491$124,096$1,291,532
6$2,285,974$801,768$130,301$1,353,906
7$2,400,273$844,058$136,816$1,419,399
8$2,520,287$888,463$143,656$1,488,167
9$2,646,301$935,089$150,839$1,560,373
10$2,778,616$984,045$158,381$1,636,190
11$2,917,547$1,035,450$166,300$1,715,797
12$3,063,424$1,089,424$174,615$1,799,385
13$3,216,596$1,146,098$183,346$1,887,152
14$3,377,425$1,205,605$192,513$1,979,308
15$3,546,297$1,268,087$202,139$2,076,071
16$3,723,612$1,333,694$212,246$2,177,672
17$3,909,792$1,402,580$222,858$2,284,354
18$4,105,282$1,474,911$234,001$2,396,369
19$4,310,546$1,550,859$245,701$2,513,985
20$4,526,073$1,630,604$257,986$2,637,483
21$4,752,377$1,714,337$270,885$2,767,155
22$4,989,995$1,802,256$284,430$2,903,310
23$5,239,495$1,894,570$298,651$3,046,274
24$5,501,470$1,991,501$313,584$3,196,385
25$5,776,543$2,093,278$329,263$3,354,002
26$6,065,371$2,200,144$345,726$3,519,500
27$6,368,639$2,312,354$363,012$3,693,273
28$6,687,071$2,430,174$381,163$3,875,735
29$7,021,425$2,553,884$400,221$4,067,319
30$7,372,496$2,683,781$420,232$4,268,483
Total$119,000,000$42,708,717$6,782,999$69,508,284

◄ 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.