USA Mega

Maryland Mega Millions Jackpot Annuity Payout Schedule for Feb 9, 2007

For a non-Maryland resident

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

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 $91,000,000 for a ticket purchased in Maryland, 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:

Maryland

Drawing Date:Fri, Feb 9, 2007
Jackpot:$91,000,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,369,681$462,739$130,120$776,822
2$1,438,165$488,078$136,626$813,461
3$1,510,073$514,684$143,457$851,932
4$1,585,577$542,621$150,630$892,326
5$1,664,855$571,954$158,161$934,740
6$1,748,098$602,754$166,069$979,275
7$1,835,503$635,093$174,373$1,026,037
8$1,927,278$669,050$183,091$1,075,137
9$2,023,642$704,705$192,246$1,126,691
10$2,124,824$742,142$201,858$1,180,824
11$2,231,065$781,451$211,951$1,237,663
12$2,342,619$822,726$222,549$1,297,344
13$2,459,750$866,065$233,676$1,360,009
14$2,582,737$911,570$245,360$1,425,807
15$2,711,874$959,351$257,628$1,494,895
16$2,847,468$1,009,520$270,509$1,567,438
17$2,989,841$1,062,198$284,035$1,643,608
18$3,139,333$1,117,510$298,237$1,723,586
19$3,296,300$1,175,588$313,148$1,807,563
20$3,461,115$1,236,570$328,806$1,895,739
21$3,634,170$1,300,600$345,246$1,988,324
22$3,815,879$1,367,832$362,508$2,085,538
23$4,006,673$1,438,426$380,634$2,187,613
24$4,207,006$1,512,550$399,666$2,294,791
25$4,417,357$1,590,379$419,649$2,407,329
26$4,638,225$1,672,100$440,631$2,525,493
27$4,870,136$1,757,908$462,663$2,649,565
28$5,113,643$1,848,005$485,796$2,779,842
29$5,369,325$1,942,607$510,086$2,916,632
30$5,637,791$2,041,940$535,590$3,060,261
Total$91,000,000$32,348,716$8,644,999$50,006,285

◄ 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.