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Kansas Mega Millions Jackpot Annuity Payout Schedule for Aug 25, 2023

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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 $52,000,000 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, Aug 25, 2023
Jackpot:$52,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$782,675$246,610$44,612$491,452
2$821,808$261,089$46,843$513,876
3$862,899$276,293$49,185$537,421
4$906,044$292,256$51,644$562,143
5$951,346$309,018$54,227$588,101
6$998,913$326,618$56,938$615,357
7$1,048,859$345,098$59,785$643,976
8$1,101,302$364,502$62,774$674,026
9$1,156,367$384,876$65,913$705,578
10$1,214,185$406,269$69,209$738,708
11$1,274,895$428,731$72,669$773,494
12$1,338,639$452,317$76,302$810,020
13$1,405,571$477,082$80,118$848,372
14$1,475,850$503,085$84,123$888,642
15$1,549,642$530,388$88,330$930,925
16$1,627,124$559,056$92,746$975,322
17$1,708,481$589,158$97,383$1,021,939
18$1,793,905$620,765$102,253$1,070,887
19$1,883,600$653,952$107,365$1,122,282
20$1,977,780$688,799$112,733$1,176,248
21$2,076,669$725,388$118,370$1,232,911
22$2,180,502$763,806$124,289$1,292,408
23$2,289,527$804,145$130,503$1,354,879
24$2,404,004$846,502$137,028$1,420,474
25$2,524,204$890,976$143,880$1,489,349
26$2,650,414$937,673$151,074$1,561,667
27$2,782,935$986,706$158,627$1,637,601
28$2,922,082$1,038,190$166,559$1,717,332
29$3,068,186$1,092,249$174,887$1,801,050
30$3,221,595$1,149,010$183,631$1,888,954
Total$52,000,000$17,950,607$2,964,000$31,085,394

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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.