USA Mega

Maryland Mega Millions Jackpot Annuity Payout Schedule for Mar 30, 2021

For a non-Maryland resident

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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 $152,000,000 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:Tue, Mar 30, 2021
Jackpot:$152,000,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,287,818$802,450$217,343$1,268,025
2$2,402,209$844,775$228,210$1,329,225
3$2,522,319$889,215$239,620$1,393,484
4$2,648,436$935,878$251,601$1,460,956
5$2,780,857$984,874$264,181$1,531,801
6$2,919,900$1,036,320$277,391$1,606,189
7$3,065,895$1,090,338$291,260$1,684,297
8$3,219,190$1,147,058$305,823$1,766,309
9$3,380,149$1,206,613$321,114$1,852,423
10$3,549,157$1,269,145$337,170$1,942,842
11$3,726,615$1,334,805$354,028$2,037,782
12$3,912,945$1,403,747$371,730$2,137,469
13$4,108,593$1,476,137$390,316$2,242,140
14$4,314,022$1,552,146$409,832$2,352,045
15$4,529,723$1,631,955$430,324$2,467,445
16$4,756,210$1,715,755$451,840$2,588,615
17$4,994,020$1,803,745$474,432$2,715,843
18$5,243,721$1,896,134$498,154$2,849,434
19$5,505,907$1,993,143$523,061$2,989,703
20$5,781,203$2,095,002$549,214$3,136,986
21$6,070,263$2,201,954$576,675$3,291,633
22$6,373,776$2,314,254$605,509$3,454,013
23$6,692,465$2,432,169$635,784$3,624,511
24$7,027,088$2,555,980$667,573$3,803,535
25$7,378,442$2,685,981$700,952$3,991,509
26$7,747,364$2,822,482$736,000$4,188,883
27$8,134,733$2,965,808$772,800$4,396,125
28$8,541,469$3,116,301$811,440$4,613,729
29$8,968,542$3,274,318$852,012$4,842,213
30$9,416,970$3,440,236$894,612$5,082,122
Total$152,000,000$54,918,718$14,440,001$82,641,286

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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.