USA Mega

Kansas Mega Millions Jackpot Annuity Payout Schedule for Sep 30, 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 2022 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 $355,000,000 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 prize money, as well as deductions claimed.

State:

Kansas

Drawing Date:Fri, Sep 30, 2022
Jackpot:$355,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,343,259$1,939,961$304,566$3,098,733
2$5,610,422$2,038,811$319,794$3,251,817
3$5,890,943$2,142,604$335,784$3,412,556
4$6,185,491$2,251,587$352,573$3,581,331
5$6,494,765$2,366,018$370,202$3,758,545
6$6,819,503$2,486,171$388,712$3,944,621
7$7,160,479$2,612,332$408,147$4,139,999
8$7,518,503$2,744,801$428,555$4,345,147
9$7,894,428$2,883,893$449,982$4,560,552
10$8,289,149$3,029,940$472,482$4,786,727
11$8,703,607$3,183,289$496,106$5,024,212
12$9,138,787$3,344,306$520,911$5,273,570
13$9,595,726$3,513,374$546,956$5,535,396
14$10,075,513$3,690,895$574,304$5,810,314
15$10,579,288$3,877,292$603,019$6,098,977
16$11,108,253$4,073,009$633,170$6,402,074
17$11,663,665$4,278,511$664,829$6,720,325
18$12,246,849$4,494,289$698,070$7,054,489
19$12,859,191$4,720,856$732,974$7,405,361
20$13,502,151$4,958,751$769,623$7,773,777
21$14,177,258$5,208,540$808,104$8,160,614
22$14,886,121$5,470,820$848,509$8,566,792
23$15,630,427$5,746,213$890,934$8,993,280
24$16,411,948$6,035,376$935,481$9,441,091
25$17,232,546$6,338,997$982,255$9,911,294
26$18,094,173$6,657,799$1,031,368$10,405,006
27$18,998,882$6,992,541$1,082,936$10,923,404
28$19,948,826$7,344,020$1,137,083$11,467,722
29$20,946,267$7,713,074$1,193,937$12,039,256
30$21,993,581$8,100,580$1,253,634$12,639,367
Total$355,000,001$130,238,650$20,235,000$204,526,349

◄ 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.