USA Mega

Kansas Mega Millions Jackpot Annuity Payout Schedule for Jul 22, 2022

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

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 $660,000,000 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, Jul 22, 2022
Jackpot:$660,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$9,933,947$3,632,581$566,235$5,735,131
2$10,430,645$3,816,359$594,547$6,019,739
3$10,952,177$4,009,326$624,274$6,318,577
4$11,499,786$4,211,941$655,488$6,632,357
5$12,074,775$4,424,687$688,262$6,961,826
6$12,678,514$4,648,070$722,675$7,307,768
7$13,312,440$4,882,623$758,809$7,671,008
8$13,978,061$5,128,903$796,750$8,052,409
9$14,676,965$5,387,497$836,587$8,452,880
10$15,410,813$5,659,021$878,416$8,873,375
11$16,181,353$5,944,121$922,337$9,314,895
12$16,990,421$6,243,476$968,454$9,778,491
13$17,839,942$6,557,799$1,016,877$10,265,266
14$18,731,939$6,887,838$1,067,721$10,776,381
15$19,668,536$7,234,379$1,121,107$11,313,051
16$20,651,963$7,598,247$1,177,162$11,876,555
17$21,684,561$7,980,308$1,236,020$12,468,233
18$22,768,789$8,381,472$1,297,821$13,089,496
19$23,907,228$8,802,695$1,362,712$13,741,821
20$25,102,590$9,244,978$1,430,848$14,426,764
21$26,357,719$9,709,376$1,502,390$15,145,953
22$27,675,605$10,196,994$1,577,509$15,901,101
23$29,059,386$10,708,993$1,656,385$16,694,008
24$30,512,354$11,246,591$1,739,204$17,526,559
25$32,037,972$11,811,070$1,826,164$18,400,738
26$33,639,871$12,403,773$1,917,473$19,318,626
27$35,321,865$13,026,110$2,013,346$20,282,408
28$37,087,958$13,679,565$2,114,014$21,294,379
29$38,942,356$14,365,692$2,219,714$22,356,949
30$40,889,474$15,086,126$2,330,700$23,472,648
Total$660,000,001$242,910,611$37,620,001$379,469,392

◄ 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.