USA Mega

Kansas Mega Millions Jackpot Annuity Payout Schedule for Jul 17, 2018

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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 $375,000,000 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, Jul 17, 2018
Jackpot:$375,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,644,288$2,044,344$321,724$3,278,220
2$5,926,503$2,148,763$337,811$3,439,929
3$6,222,828$2,258,403$354,701$3,609,723
4$6,533,969$2,373,526$372,436$3,788,007
5$6,860,667$2,494,404$391,058$3,975,205
6$7,203,701$2,621,327$410,611$4,171,763
7$7,563,886$2,754,595$431,142$4,378,149
8$7,942,080$2,894,527$452,699$4,594,855
9$8,339,184$3,041,455$475,334$4,822,395
10$8,756,144$3,195,730$499,100$5,061,313
11$9,193,951$3,357,719$524,055$5,312,177
12$9,653,648$3,527,807$550,258$5,575,583
13$10,136,331$3,706,400$577,771$5,852,160
14$10,643,147$3,893,922$606,659$6,142,566
15$11,175,305$4,090,820$636,992$6,447,492
16$11,734,070$4,297,563$668,842$6,767,665
17$12,320,773$4,514,643$702,284$7,103,846
18$12,936,812$4,742,578$737,398$7,456,836
19$13,583,652$4,981,909$774,268$7,827,476
20$14,262,835$5,233,206$812,982$8,216,647
21$14,975,977$5,497,069$853,631$8,625,277
22$15,724,776$5,774,124$896,312$9,054,339
23$16,511,015$6,065,033$941,128$9,504,854
24$17,336,565$6,370,486$988,184$9,977,894
25$18,203,393$6,691,213$1,037,593$10,474,587
26$19,113,563$7,027,976$1,089,473$10,996,114
27$20,069,241$7,381,577$1,143,947$11,543,718
28$21,072,703$7,752,857$1,201,144$12,118,702
29$22,126,338$8,142,702$1,261,201$12,722,435
30$23,232,656$8,552,040$1,324,261$13,356,354
Total$375,000,001$137,428,718$21,374,999$216,196,281

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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.