USA Mega

Kansas Mega Millions Jackpot Annuity Payout Schedule for Jun 2, 2017

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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 $74,000,000 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, Jun 2, 2017
Jackpot:$74,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,113,806$368,066$63,487$682,254
2$1,169,497$388,671$66,661$714,164
3$1,227,971$410,307$69,994$747,670
4$1,289,370$433,024$73,494$782,852
5$1,353,838$456,877$77,169$819,792
6$1,421,530$481,923$81,027$858,580
7$1,492,607$508,222$85,079$899,306
8$1,567,237$535,835$89,333$942,070
9$1,645,599$564,829$93,799$986,971
10$1,727,879$595,272$98,489$1,034,117
11$1,814,273$627,238$103,414$1,083,621
12$1,904,987$660,802$108,584$1,135,600
13$2,000,236$696,045$114,013$1,190,178
14$2,100,248$733,049$119,714$1,247,485
15$2,205,260$771,903$125,700$1,307,657
16$2,315,523$812,701$131,985$1,370,837
17$2,431,299$855,538$138,584$1,437,177
18$2,552,864$900,517$145,513$1,506,834
19$2,680,507$947,745$152,789$1,579,973
20$2,814,533$997,334$160,428$1,656,770
21$2,955,259$1,049,403$168,450$1,737,406
22$3,103,022$1,104,076$176,872$1,822,075
23$3,258,174$1,161,481$185,716$1,910,976
24$3,421,082$1,221,758$195,002$2,004,323
25$3,592,136$1,285,048$204,752$2,102,337
26$3,771,743$1,351,502$214,989$2,205,252
27$3,960,330$1,421,279$225,739$2,313,312
28$4,158,347$1,494,546$237,026$2,426,775
29$4,366,264$1,571,475$248,877$2,545,912
30$4,584,577$1,652,251$261,321$2,671,006
Total$74,000,000$26,058,717$4,218,000$43,723,282

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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.