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Kansas Mega Millions Jackpot Annuity Payout Schedule for Nov 12, 2024

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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 $361,000,000 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, Nov 12, 2024
Jackpot:$361,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,433,568$1,967,440$309,713$3,156,414
2$5,705,247$2,067,961$325,199$3,312,086
3$5,990,509$2,173,508$341,459$3,475,541
4$6,290,034$2,284,333$358,532$3,647,169
5$6,604,536$2,400,698$376,459$3,827,379
6$6,934,763$2,522,882$395,281$4,016,599
7$7,281,501$2,651,176$415,046$4,215,280
8$7,645,576$2,785,883$435,798$4,423,895
9$8,027,855$2,927,327$457,588$4,642,941
10$8,429,247$3,075,842$480,467$4,872,939
11$8,850,710$3,231,783$504,490$5,114,437
12$9,293,245$3,395,521$529,715$5,368,009
13$9,757,908$3,567,446$556,201$5,634,261
14$10,245,803$3,747,967$584,011$5,913,825
15$10,758,093$3,937,515$613,211$6,207,367
16$11,295,998$4,136,539$643,872$6,515,587
17$11,860,798$4,345,515$676,065$6,839,217
18$12,453,838$4,564,940$709,869$7,179,029
19$13,076,529$4,795,336$745,362$7,535,831
20$13,730,356$5,037,252$782,630$7,910,474
21$14,416,874$5,291,263$821,762$8,303,848
22$15,137,717$5,557,976$862,850$8,716,892
23$15,894,603$5,838,023$905,992$9,150,587
24$16,689,333$6,132,074$951,292$9,605,968
25$17,523,800$6,440,826$998,857$10,084,117
26$18,399,990$6,765,017$1,048,799$10,586,174
27$19,319,990$7,105,416$1,101,239$11,113,334
28$20,285,989$7,462,836$1,156,301$11,666,851
29$21,300,288$7,838,127$1,214,116$12,248,045
30$22,365,303$8,232,182$1,274,822$12,858,298
Total$361,000,001$132,280,604$20,576,998$208,142,394

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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.